10000 results found for 'Shell'

10000 results found for 'Shell'
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  • Shell CEO to step down at the end of 2022

    15 September 2022
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy, Transition

    Oil and gas major Shell plc has announced that Ben van Beurden will step down as CEO at the end of 2022 and that his successor will be Wael Sawan.

  • Shell’s 1Q Earnings Reach USD 7.7 bln

    26 April 2012
    Business & Finance

    Shell’s first quarter 2012 earnings increased from year-ago levels, through a combination of improved operating performance, increased upstream volumes and strong oil prices.

  • Technip Scores Stones Work for Shell

    2 October 2015
    Business & Finance, Operations & Maintenance, Project & Tenders

    Technip was awarded by Shell a contract for the development of subsea infrastructure for the Stones project. Included in the service are two subsea production tie-backs to the Floating Production, Storage and Offloading (FPSO) vessel. The Stones field is located in the Walker Ridge area in the US Gulf of Mexico, at a water depth […]

  • Life extension for Shell’s Draugen (Norway)

    20 May 2015
    Exploration & Production

    A/S Norske Shell has received consent from the Petroleum Safety Authority (PSA) Norway to extend the lifetime of the Draugen platform, in the Norwegian Sea.  Draugen is an oil field in the Norwegian Sea, around 150 km north of Kristiansund. A/S Norske Shell (Shell) is the field’s operator. Production on the field began in October 1993. When […]

  • Shell delays LNG Canada FID

    4 February 2016

    The Hague-based energy giant Shell said it is postponing final investment decision on its multi-billion LNG Canada project in British Columbia to late 2016.  “We are making substantial changes in the company, reorganising our Upstream, and reducing costs and capital investment, as we refocus Shell, and respond to lower oil prices,” Shell’s CEO Ben van Beurden said […]

  • Shell buys Total’s offshore block for $300 million

    30 October 2019
    Business & Finance

    French oil giant Total has decided to sell its interest in a block located offshore Brunei to Shell for $300 million. 

  • Shell sanctions Fram field development (UK)

    25 June 2018

    Shell has made a final investment decision (FID) for the Fram gas and condensate field in the UK North Sea. 

  • Shell’s Q3 profit climbs 18 pct

    1 November 2016

    Hague-based LNG giant Shell on Tuesday said its third-quarter profit rose 18 percent on year, boosted by the multi-billion takeover of BG Group earlier this year. Shell’s third quarter earnings on a current cost of supplies (CCS) basis were at $2.8 billion compared with $2.4 billion for the third quarter of 2015. According to Shell, […]

  • Tatneft and Shell to develop strategic partnership

    27 September 2007

    On September 27, 2007 JSC Tatneft (Tatneft) and Shell Exploration Company (RF) B.V. (Shell) concluded Agreement on Principles of Strategic Partnership. The agreement was signed by General Director of Tatneft Shafagat F. Takhautdinov and Shell Country Chairman in Russia Chris Finlayson in the presence of R.N. Minnikhanov, Prime Minister of Tatarstan and Chairman of the […]

  • No FPSO for Shell’s Fram Development (UK)

    22 February 2013

    SBM Offshore confirms it has been notified by Shell, that in light of unexpected well results, they have decided to reassess the development plan for the Fram oil and gas field in the UK North Sea and not to continue with several key contracts associated with this development including the FPSO. SBM Offshore has been […]

  • Gazprom, Shell extend LNG ties

    28 May 2018

    Gazprom and Shell have extended their heads of the joint venture agreement regarding the liquefied natural gas (LNG) cooperation. 

  • Shell invests in advantaged feedstock at Moerdijk

    30 September 2007

    Shell Nederland Chemie B.V. today announced that it would make a significant investment to strengthen the integration of the Pernis-Moerdijk refinery and chemicals complex in The Netherlands. The investment forms part of an ongoing programme to secure the long-term potential and competitiveness of Shell chemical assets in Western Europe and will concentrate on supplying hydrowax […]

  • Soaring oil boosts Shell profit

    26 July 2006

    Oil giant Royal Dutch Shell has reported a 36% jump in profits on the back of soaring world crude prices. The Anglo-Dutch firm said net profits measured by current cost of supply for the three months to 30 June were $6.3bn (

  • Nexus Sells 2 Pct in Crux to Shell for $75 Million

    19 December 2012
    Business & Finance

    Nexus Energy Limited (Nexus) advises it has provided to Shell Development (Australia) Pty Ltd (Shell) an Option Notice that will result in the disposal of 2% of Nexus’ 17% participating interest in the Crux AC/L9 development project in the East Browse Basin, off the coast of North West  Australia for $75 million. The put option […]

  • Shell completes Caesar-Tonga sale to Equinor

    31 July 2019

    Shell has completed the sale of 22.45% non-operated interest in the Caesar-Tonga asset in the U.S. Gulf of Mexico to Equinor, subject to approval of the lease assignments by the regulator.

  • Shell Issues New Shares (The Netherlands)

    25 March 2011

      Royal Dutch Shell plc announced that it has today issued 31,143,934 A Ordinary shares in relation to the scrip dividend program for the fourth quarter 2010 interim dividend. Following the issue today, the total number of A shares in issuance is 3,595,096,473 and the total number of B shares is unchanged at 2,695,808,103. Royal […]

  • Shell completes $1B acquisition of Turritella FPSO

    17 January 2018

    Shell has taken over the ownership of the FPSO Turitella, moored at the Stones field in the U.S. Gulf of Mexico.

  • The Netherlands: Shell Issues New Shares

    28 March 2013

    Royal Dutch Shell announced that it has issued 25,586,312 A Ordinary shares in relation to the scrip dividend programme for the fourth quarter 2012 interim dividend. Following this issue and the cancellation of shares previously bought back and announced, the total number of A shares in issuance is 3,797,974,999 and the total number of B […]

  • Shell Looking Into Hydrogen Energy Supply

    17 March 2016
    Business & Finance

    The Anglo–Dutch oil and gas company Royal Dutch Shell has joined a pilot project related to hydrogen energy supply chain development, the company confirmed to World Maritime News amid media reports that it was teaming up with Japanese Kawasaki Heavy Industries on the project. “Shell is participating in a Technical Research Association and Pilot Demonstration Project for hydrogen energy supply […]

  • TechnipFMC Wins Shell PowerNap Project

    22 August 2019
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    TechnipFMC has been awarded integrated engineering, procurement, construction and installation (iEPCI) contract by Shell for the PowerNap project in the Gulf of Mexico. TechnipFMC will design, manufacture and install subsea hardware, including subsea tree systems, subsea distribution controls, topside controls, flying leads and connectors for three wells, in addition to the supply of 20 miles […]

  • Shell and Petrobras in Brazil Deepwater Pact

    12 September 2017
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Royal Dutch Shell and Petrobras signed last week in The Hague, Netherlands, a memorandum of understanding (MoU) to establish a long-term mutual collaboration in developing pre-salt fields in Brazil. Shell should benefit from technical solutions, contract management expertise and cost efficient initiatives Petrobras applies to Brazil’s pre and post-salt projects. Shell will share with Petrobras […]

  • Qatar: Shell Extends Successful Partnership with GDI

    15 November 2012
    Business & Finance

    Qatar Shell signed a third agreement with Gulf Drilling International (GDI) to provide drilling rig services for Shell to explore offshore wells in Qatar’s North Field. The new contract covers drilling activities in the Pre-Khuff interval of Block D area, using its jack-up drilling rig AL-KHOR. The contract was signed by Shell’s Executive Vice President, […]

  • Shell Issues New Shares (The Netherlands)

    20 September 2011

    Royal Dutch Shell plc announced that it has issued 22,265,954 A Ordinary shares in relation to the scrip dividend programme for the second quarter 2011 interim dividend. Following this issue and the cancellation of shares previously bought back and announced, the total number of A shares in issuance is 3,641,273,423 and the total number of […]

  • Shell agrees $10 billion loan in ‘innovative deal’ with 25 banks

    13 December 2019
    Business & Finance

    Oil major Shell has signed a $10 billion revolving credit facility, which replaces Shell’s existing $8.84 billion revolving credit facility and is provided by a syndicate of 25 banks.

  • iSURVEY Wraps Up Norske Shell Project

    23 August 2018
    Operations & Maintenance

    iSURVEY has completed a pioneering project for A/S Norske Shell, which took place as part of the company’s Scarabeo 8 drilling campaign. As a part of the campaign, the company utilized iSURVEY’s survey support remotely from its Oslo headquarter. This marks the first time remote positioning has been applied for a regular DP drill rig move […]