10000 results found for 'Shell'

10000 results found for 'Shell'
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  • Shell halves its stake in UK gas discovery as Ithaca comes aboard

    19 November 2025
    Business & Finance, Business Developments & Projects

    Ithaca Energy, a North Sea oil and gas operator and producer, has put the wheels in motion to acquire a non-operated stake from Shell UK, a subsidiary of the UK-headquartered energy giant Shell, in a gas discovery located West of Shetland, about 175 kilometers northwest of the Shetland Isles.

  • Oil & gas asset consolidation in full swing in UK North Sea: Harbour makes a play for Waldorf

    12 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    London-listed oil and gas company Harbour Energy has taken a step to bring into its fold all subsidiaries of Waldorf Energy Partners Limited (WEPL) and Waldorf Production Limited (WPL), currently in administration, for $170 million. This move will bolster Harbour’s portfolio in the UK sector of the North Sea.

  • Oil oversupply risks and global crude trade realignment loom with Venezuela’s regime change

    6 January 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation

    As Venezuela faces a regime change, the country’s production recovery is staring at a decade-long timeline despite near-term supply gains, according to Wood Mackenzie, an energy intelligence group, which believes that additional Venezuelan barrels could pressure Brent prices below mid-to high $50 per barrel (bbl) of oil in the first quarter of 2026 amid oversupply and also realign flows, diverting Middle East heavy barrels to Asia and intensifying competition for Canadian crude in the U.S. Gulf Coast.

  • Designing the future of energy terminals: Where safety meets innovation

    2 February 2026
    Business Developments & Projects, Equipment, Innovation, Rules & Regulation, Technology, Transition, Vessels

    Written by Ron Heffron The maritime energy sector stands at a critical juncture as clean alternative fuels reshape terminal design requirements. Advanced engineering solutions for floating terminals and specialized mooring systems are enabling the safe handling of challenging cargoes like ammonia and liquefied CO₂, while new industry guidelines provide essential frameworks for this evolving landscape. […]

  • $1.98 billion chapter to ‘world-class’ gas story coming up next off Australia

    8 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Chevron Australia, a subsidiary of the U.S. oil and gas giant Chevron, has decided to move forward with the third stage of development for its giant gas project off the northwest coast of Western Australia (WA) to support long-term local and regional energy security.

  • Edison shakes hands with Knutsen for new LNG vessel to be built by Hanwha Ocean

    9 December 2025
    Business & Finance, Business Developments & Projects, Vessels

    Asian shipbuilder Hanwha Ocean will construct a new vessel for the transport of liquefied natural gas (LNG), with a capacity of 174,000 cubic meters at Geoje (Okpo), in South Korea, thanks to a deal Norway’s Edison made with shipowner Knutsen OAS Shipping.

  • Valeura charters Shelf Drilling’s 19-year-old rig

    22 April 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    Canadian oil & gas company Valeura Energy has chartered a jack-up drilling rig owned by UAE-based Shelf Drilling for multi-year work in the Gulf of Thailand. The Enterprise jack-up rig has been chartered for a three-year term which runs until December 31, 2029. Valeura Energy has an option on the start date and is currently […]

  • 15,066 blocks up for grabs in next US offshore oil & gas lease sale

    4 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    The U.S. Bureau of Ocean Energy Management (BOEM) has taken further steps to conduct the second offshore oil and gas lease sale under the One Big Beautiful Bill Act, which encompasses thirty Gulf of America (U.S. Gulf of Mexico) oil and gas lease sales.  

  • Exclusive interview with Noble: Tight rig demand on 2026 horizon – Golden Triangle and US Gulf as core growth regions

    2 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Transition

    With contracting opportunities still on the uptick in spite of potential softer energy prices, Noble Corporation, a U.S.-headquartered offshore drilling giant, has pinpointed the Golden Triangle, the U.S. Gulf, South America, and West Africa as the key regions that will drive its floater demand growth. As Suriname and Colombia remain in the lead for frontier activity areas, the Asia Pacific opportunities in Brunei and Australia are anticipated to add diversification.

  • Northern Lights’ liquefied CO2 carrier arsenal grows as third vessel joins its fleet

    3 December 2025
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Transition, Vessels

    China’s Dalian Shipbuilding Industry (DSIC), part of China State Shipbuilding Corporation (CSSC), has delivered a new liquefied carbon dioxide (LCO2) carrier to Northern Lights, a joint venture (JV) encompassing three European oil majors: Shell, Equinor, and TotalEnergies.

  • $27 billion fills Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips’ quarterly profit coffers

    17 November 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Against the backdrop of concerns over hydrocarbon production rates, the European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, Norway’s Equinor, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have secured over $27.14 billion in profits.

  • Beach Energy shelves well drilling ops, freeing $500M for higher-value projects

    25 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Australia’s oil and gas player Beach Energy has dropped its plan to drill and complete a development well or pursue the subsea tie-in to the Otway gas plant, unlocking over $500 million in estimated near term capital to redeploy into higher-return opportunities.

  • Canada’s first large-scale export project sends off another LNG cargo

    24 November 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    With another liquefied natural gas (LNG) cargo out of the way, LNG Canada, a joint venture company encompassing Shell, Petronas, PetroChina, KOGAS, and Mitsubishi, has reached a new milestone at its giant LNG export terminal in Kitimat, Canada’s British Columbia. 

  • Go-ahead for Equinor to use 2016-built rig at North Sea field

    13 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Norway’s state-owned energy giant Equinor has received clearance to deploy a ten-year-old jack-up rig at its offshore field on the Norwegian Continental Shelf (NCS).

  • US portrays offshore leasing and planning as ‘critical’ to historic oil output highs

    2 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation

    The U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM) has spotlighted the role offshore leasing and planning play in driving record oil production on the U.S. Outer Continental Shelf (OCS).

  • $20 billion Asian LNG project moves forward with environmental clearance

    20 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Regulation & Policy

    An environmental approval is paving the way for the development of a liquefied natural gas (LNG) project in Indonesia’s Masela block, which is expected to play a significant role in Asia’s energy security.

  • ADES’ 2014-built rig turns one-year North Sea gig into three-year drilling job

    18 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has secured a long-term extension for a drilling assignment its 12-year-old jack-up rig is undertaking in the Dutch sector of the North Sea.

  • Norwegian oil & gas cash flow surpasses $74 billion as investment bill hits $30.71B

    14 May 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    As the Norwegian Continental Shelf (NCS) continues to attract new investments into oil and gas exploration and production (E&P) activities amid the global energy security concerns spurred by the Middle East conflict, Norway has upped its net cash flow ante from the petroleum sector, with billions added to the country’s coffers in 2026 compared to last year.

  • Shell turns to Halliburton for integrated drilling and completion work offshore Nigeria

    6 November 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    U.S.-headquartered oilfield services player Halliburton has landed a new assignment off the coast of Nigeria with Shell Nigeria Exploration and Production Company (SNEPCo), a subsidiary of the UK-headquartered Shell, in collaboration with its joint venture partner, Sunlink Energies.

  • Woodside ups Australian giant gas project share by stepping in on CNPC’s sale

    12 June 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Australian energy giant Woodside has moved to increase its interest in an offshore development project, which is described as Australia’s largest untapped conventional gas resource, by exercising its pre-emption right to block the divestment of stakes to Japan’s exploration and production (E&P) company, Inpex.

  • Subsea7 and Equinor extend IMR deal for 2013-built vessel

    19 December 2025
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Vessels

    Subsea7 and Equinor have agreed on an extension of their existing frame agreement covering subsea inspection, maintenance and repair services (IMR) delivered by a 2013-built subsea vessel. Under the terms of the extension of an agreement first signed in 2018, Seven Viking will carry out IMR services for subsea operations at Equinor’s oil & gas […]

  • Worley takes on five-year job for oil & gas assets in Norwegian waters

    29 January 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    Worley has landed a multi-year assignment with Norway’s state-owned energy giant Equinor for several oil and gas facilities on the Norwegian Continental Shelf (NCS).

  • Green light for North Sea ops with Odfjell Drilling’s rig

    3 June 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Norwegian authorities have approved drilling activities that Norway’s oil and gas player Aker BP is planning to undertake in the North Sea on the Norwegian Continental Shelf (NCS), with a rig owned by Odfjell Drilling, an offshore drilling contractor.

  • $10 billion awards spree: Seven players split Equinor’s multibillion-dollar contracts’ cake

    8 January 2026
    Business & Finance, Business Developments & Projects, Operations & Maintenance, Project & Tenders

    Equinor has handed out multiple framework agreements to seven Norwegian supplier companies, including Aibel, Aker Solutions, Wood, Rosenberg Worley, Head Energy, Apply, and IKM Gruppen with a total value of around NOK 100 billion (approximately $9.9 billion).

  • Viridien, Aker BP forge OBN seismic pact to advance exploration in Norwegian waters

    9 June 2026
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Project & Tenders

    France-based geophysical services company Viridien, formerly known as CGG, has joined forces with Norway’s oil and gas player Aker BP to bolster hydrocarbon search by enhancing multi-client ocean bottom node (OBN) seismic data acquisition, imaging, and technology development on the Norwegian Continental Shelf (NCS).