10000 results found for 'Shell'

10000 results found for 'Shell'
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  • Shell sells equity in undeveloped Norwegian assets

    2 August 2007

    A/S Norske Shell (‘Shell’) today announced that the company has entered into an agreement with E.ON Ruhrgas Norge AS to sell its 28% equity interests in the undeveloped Skarv and Idun fields for US$ 893 million. The agreement covers the licenses PL-159, PL-212, PL-212B and PL-262 in the Norwegian Sea.

  • Shell spuds Namibian wildcat

    14 December 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    Oil major Shell has started drilling an exploration well in the Orange Basin offshore Namibia using a Valaris-owned drillship.

  • CSL Nets Shell Extension

    18 December 2014
    Project & Tenders

    The project services division of CSL has been awarded the extension of an existing onshore and offshore frame agreement with Shell UK across their Upstream International Europe region for the provision of client representation (OOER and QAQC). The contract covers provision of experienced senior client, diving, marine and engineering representatives to support subsea teams. Project […]

  • Shell’s 3Q profit soars

    2 November 2017
    Business & Finance

    Earnings benefited mainly from stronger refining and chemicals industry conditions, increased realized oil and gas prices and higher production from new fields, offsetting the impact of field declines and divestments.

  • Shell profits nosedive in Q3

    29 October 2015

    Gas and oil giant Shell posted a sharp decline in third-quarter profits due to low oil prices and write-downs on projects. Shell’s third-quarter earnings, on a current cost of supplies (CCS) basis, were at $1.8 billion, down by 70 percent as compared with the same quarter in 2014. “The headline numbers we’re reporting today include substantial charges. […]

  • Shell Buys Turritella FPSO

    12 July 2017
    Business & Finance

    Shell Offshore revealed that its affiliate, Shell E and P Offshore Services, will exercise a contractual right to buy the Turritella floating, production, storage and offloading (FPSO) vessel from SBM Offshore. The 159,100 dwt vessel is contracted for the Stones deep-water development in the Gulf of Mexico, which began production last year. As informed, Shell […]

  • Shell sees ‘robust’ profits

    27 October 2022
    Business & Finance, Business Developments & Projects, Exploration & Production

    Shell has recorded higher profits in 3Q 2022 on a year-on-year basis thanks to higher gas prices and increased volumes from deepwater assets.

  • Shell sells LPG business in Hong Kong and Macau

    5 April 2017

    The Hague-based LNG giant Shell has entered into a deal to sell its liquefied petroleum gas (LPG) business in Hong Kong and Macau to DCC Energy. The conditional sale is worth about of $150.3 million. “This sale supports Shell’s strategic commitment to focus downstream activities on areas where we can be most competitive,” John Abbott, […]

  • Deep Down in Shell Win

    9 March 2016
    Business & Finance, Equipment, Project & Tenders

    Deep Down, a subsea oilfield services company, has received an order from Shell for an umbilical and distribution system to support a production platform mooring line control system. In addition to supporting platform positioning, the system will provide real time data collection during high seas and platform operations. Due to increasing safety standards for wave […]

  • Eighth call for CO2 storage offshore Norway opens for applications

    6 March 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Storage, Transition, Vision

    The Norwegian Ministry of Energy is inviting interested parties to apply for CO2 storage exploration licenses related to one area on the Norwegian Continental Shelf (NCS), representing the eighth time such acreage is announced on NCS. The announcement was made on March 5 for the area that comprises defined blocks in the North Sea. The […]

  • Hess Sells UK Offshore Assets to Shell

    30 May 2012
    Business & Finance

    Hess Corporation today announced it had reached agreement with Royal Dutch Shell to sell its 15.67 percent interest in the BP-operated Schiehallion field, its associated share in the Schiehallion Floating, Production, Storage and Offloading vessel (FPSO) and the West of Shetland pipeline system. The sale is subject to regulatory approval and is expected to complete […]

  • Shell to sell Egyptian onshore assets to focus on offshore

    21 October 2019

    Shell has revealed plans to market its current onshore upstream assets in Egypt’s Western Desert to fully concentrate on growing its Egyptian offshore exploration and integrated gas business.

  • Shell upsizes shares sell-down to exit Woodside

    13 November 2017

    Royal Dutch Shell has upsized its previously announced agreement to sell shares in Woodside Petroleum following strong demand from institutional investors. 

  • $900M contract win lands on Saipem’s desk for Shell’s project in Nigeria

    19 December 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

    Saipem, in a consortium with two Nigerian companies, has secured an offshore contract worth around $1 billion with Shell for a deepwater oil and gas project off the coast of Nigeria. As part of the contract with Shell Nigeria Exploration and Production Company Limited (SNEPCo), Saipem will deliver the engineering, procurement, construction and installation (EPCI) […]

  • Shell Extends Genesis Contract

    27 September 2013

    Genesis has announced a five-year extension to its Engineering Services support contract with Shell. The original contract was awarded in 2003. The contract scope covers the provision of all categories of engineering and design staff and associated support services, with Genesis personnel working alongside Shell staff as an integrated engineering team. Since 2003 the team […]

  • Shell elects new Australian chairman

    3 February 2017
    Business & Finance

    Oil giant Shell informed on Friday that Zoe Yujnovich will succeed Andrew Smith as chairman of the Shell companies in Australia from April 1, 2017. Smith will take up the position of Executive Vice President Trading & Supply from May this year. Thirty years after starting his career at Geelong Refinery, Smith will return to London […]

  • Shell and Partners in Arran FID

    10 October 2018
    Operations & Maintenance, Research & Development

    Shell and its partners have made a final investment decision (FID) for the Arran field development, located in the UK Central North Sea. The Shell-operated Arran field is expected to produce around 100 million standard cubic feet a day of gas and 4,000 barrels per day of condensate, which combined equates to 21,000 barrels of oil equivalent per […]

  • Gabon: Shell to Produce LNG

    12 July 2010

    Shell Gabon is to launch a project to produce liquefied natural gas, the Chief Executive Officer of the company, Adrian Drewett, announced… [mappress] Source: afriquejet, July 12, 2010;

  • Shell in AI, machine learning push

    21 September 2018

    Oil giant Shell has selected C3 IoT with Microsoft Azure as its artificial intelligence (AI) platform to “enable and accelerate digital transformation on a global scale.”

  • Shell Greenlights Appomattox Project

    1 July 2015
    Business & Finance, Equipment, Operations & Maintenance

    Shell has made the final investment decision (FID) to advance the Appomattox deep-water development in the Gulf of Mexico. This decision authorises the construction and installation of Shell’s eighth and largest floating platform in the Gulf of Mexico. The Appomattox development will initially produce from the Appomattox and Vicksburg fields, with average peak production estimated […]

  • Gazprom and Shell talk LNG

    11 June 2015

    Alexey Miller of Gazprom and Shell’s CEO Ben van Beurden met in Milan on Wednesday where they discussed the status of Sakhalin II and the future collaboration within the project. They also addressed the prospects for cooperation in the oil and gas sector, as well as the current situation in the LNG markets, according to […]

  • Shell to axe 400 jobs

    31 July 2017

    The Hague-based LNG giant Shell could cut approximately 400 jobs as it continues its restructuring to cope with lower oil prices. 

  • Regulator probes Shell in Norway

    12 June 2015
    Equipment

    On March 6, 2015, the Petroleum Safety Authority (PSA) Norway carried out an audit of Norske Shell’s non-conformity handling. The objective of the audit was to follow up on the requirements which entail that the companies must work systematically to detect regulatory non-conformities and that the companies must have a system for handling them. The […]

  • Gazprom and Shell talk LNG

    11 June 2015

    Alexey Miller of Gazprom and Shell’s CEO Ben van Beurden met in Milan on Wednesday where they discussed the status of Sakhalin II and the future collaboration within the project. They also addressed the prospects for cooperation in the oil and gas sector, as well as the current situation in the LNG markets, according to […]

  • Shell’s Icebreaker to Be Repaired in Portland

    14 July 2015
    Business & Finance

    Finnish icebreaker chartered to Royal Dutch Shell, MSV Fennica, will transit to Portland for repairs before returning to Alaskan waters for her operational duties, the vessel’s owner Arctia Shipping informed. The vessel was supposed to head for the Arctic on July 3rd, loaded with a capping stack that would be used to seal a well in case […]