British oil and gas major Shell on Tuesday settled a London lawsuit it brought against environmental group Greenpeace after activists boarded a Shell oil production vessel last year.Greenpeace said it had agreed to pay 300,000 pounds ($382,650) to the Royal National Lifeboat Institute (RNLI)鈥
Shell is stepping back from new offshore wind investments and is splitting its power division following an extensive review of the business that was once seen as a key driver of the company's energy transition strategy.The changes are part of鈥
Oilfield services company TechnipFMC has secured a contract with Shell鈥檚 subsidiary, Shell Nigeria Exploration and Production Company Limited (SNEPCo) to supply its Subsea 2.0 production systems for the Bonga North development offshore Nigeria鈥
Saipem, in consortium with KOA Oil & Gas and AVEON 云顶赌场老虎机, has been awarded a new offshore contract by Shell Nigeria Exploration and Production Company Limited (SNEPCo) for the Bonga North Project.The project is related to the tieback of wells to the existing Bonga floating production鈥
Shell said on Thursday its unit has made a final investment decision to add two wells at the Perdido platform in the U.S. Gulf of Mexico to boost production.The Shell unit, which operates the Perdido platform, said the two wells are expected to produce up to 6鈥
Equinor UK, a subsidiary of Equinor and Shell UK, a subsidiary of Shell, have agreed to combine their UK offshore oil and gas assets to form a new company which will be the UK North Sea鈥檚 biggest independent producer.The incorporated joint venture鈥
A Dutch court will decide on Tuesday whether to uphold a landmark climate ruling against Shell, which in 2021 ordered the oil and gas company to sharply reduce greenhouse gas emissions.The ruling by The Hague district court ordered Shell to鈥
A Dutch court on Tuesday accepted Shell's appeal against a landmark climate ruling, dismissing the order for the oil and gas company to sharply reduce emissions.The original 2021 ruling ordered Shell to cut its absolute carbon emissions by 45% by 2030 compared to 2019 levels鈥
Shell has paused some drilling operations in the Gulf of Mexico and moved non-essential personnel to shore amid weather disturbance which could become a hurricane.As a precautionary measure, Shell started moving non-essential personnel to shore from its Appomattox鈥
Shell plans to scale back its oil and gas exploration and development workforce by 20% as CEO Wael Sawan widens his cost-saving drive to the highly profitable division after deep cuts in renewables and low-carbon businesses, company sources said鈥
Subsea7 in August announced it was awarded a 'sizable' contract, worth between $50 million and $150 million, to perform engineering, procurement, construction, and offshore installation (EPCI) work in the U.S. Gulf of Mexico.The company revealed鈥
Izomax scored a milestone frame agreement with Shell, a deal that will enable Shell to leverage Izomax's patented AOGV technology to reinvent plant maintenance procedures.The three-year frame agreement allows Shell to fulfill ambitions for鈥
Shell has replaced liquefied natural gas (LNG) volume it lost after exiting Russia in 2022 with a string of deals that underpin CEO Wael Sawan's bet on growing demand for the fuel as he reduces the focus on renewable energy.The new projects鈥
Shell announced it will use water injection to enhance oil volume capacity at its deepwater Vito field in the U.S. Gulf of Mexico.The British multinational oil major on Wednesday said its Shell 云顶赌场老虎机 Inc. subsidiary has taken a final investment decision (FID) on the project鈥
云顶赌场老虎机 engineering and construction firm McDermott has secured an engineering, procurement, construction, installation (EPCI), hook up and commissioning contract from Shell for the Manatee gas field development, offshore Trinidad and Tobago鈥
