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Shell News

Akselos, Shell Pen 3-Year Digital Twins Agreement

Dec 15, 2020

Swiss-based digital twin technology has signed a three-year Enterprise Framework Agreement (EFA) with Shell for the use of its structural digital twin technology.'The EFA will see Akselos become one of the global energy company鈥檚 verified suppliers for structural integrity assessments鈥

Dayang Enterprise to Maintain Shell's Topsides in Malaysia

Dec 24, 2020

Malaysia's Dayang Enterprise has secured a contract extension from Shell for the provision of topside maintenance services in Malaysia.The company has signed contract extensions with Shell's Malaysian subsidiaries Sarawak Shell Berhad and Sabah Shell Petroleum Company Limited鈥

Environmental Activists Take Shell to Court. Seek End to Emissions

Dec 01, 2020

Environmental activists took Royal Dutch Shell to court on Tuesday, as they demand the energy firm drastically reduces the production of oil and gas to limit its effects on climate change.Seven activist groups, including Greenpeace and Friends of the Earth Netherlands鈥

Kosmos Energy Completes Sale of Frontier Exploration Assets to Shell

Dec 10, 2020

London-listed oil and gas company Kosmos Energy has partially completed the previously announced sale of its frontier offshore oil and gas exploration assets to Shell, with the South Africa transaction expected to complete in 2021.Under the agreement first announced in September鈥

No Proof of Corruption in Nigeria's 云顶赌场老虎机 Oilfield Sale to Eni, Shell, Lawyer of Ex-Oil Minister Says

Dec 03, 2020

The sale of a Nigerian oilfield to Eni and Royal Dutch Shell was legally 'perfect' and there was no proof of any corruption, a lawyer for former Nigerian oil minister Dan Etete said on Wednesday.Antonio Secci told a Milan court that prosecutors鈥

CEO Says Shell's Oil Production Peaked in 2019

Oct 29, 2020

Royal Dutch Shell on Thursday raised its dividend after easily beating quarterly profit forecasts and CEO Ben van Beurden said the group's oil output probably peaked in 2019 as he spearheads a transition to low-carbon energy.The Anglo-Dutch company hit record earnings from its vast retail division鈥

Shell UK Gender Pay Gap Narrows Slightly in 2020

Nov 25, 2020

Royal Dutch Shell's female employees in Britain earned 18% less on average than their male colleagues in 2020, with the pay gap slightly narrowing from the previous year.In its annual UK diversity pay gap report, Shell also published for the鈥

Shell Farms Into South Africa 云顶赌场老虎机 Block Near Total's Gas Discoveries

Nov 04, 2020

Privately-owned oil firm Impact Oil & Gas has signed a farm-out agreement with Shell for the 50% working interest and operatorship in the Transkei & Algoa exploration right, offshore South Africa.Transkei & Algoa blocks are located offshore eastern South Africa and cover approximately 45鈥

Report: Shell in Major O&G Cost-cutting Push to Prepare for Energy Transition

Sep 21, 2020

Royal Dutch Shell is looking to slash up to 40% off the cost of producing oil and gas in a major drive to save cash so it can overhaul its business and focus more on renewable energy and power markets, sources told Reuters.Shell鈥檚 new cost-cutting review鈥

Ørsted's North America CEO Joins Shell's Renewables Division

Oct 23, 2020

Royal Dutch Shell has hired Ørsted's North America Chief Thomas Brostrom as Senior Vice President for its Global Renewable Solutions department starting next year, a Shell spokesman said on Friday.Shell is cutting around a tenth of its workforce鈥

Shell to Cut Up to 9000 Jobs

Sep 30, 2020

Royal Dutch Shell announced on Wednesday plans to cut up to 9,000 jobs, or over 10% of its workforce, as part of a major overhaul to shift the oil and gas giant to low-carbon energy.Shell, which had 83,000 employees at the end of 2019, said鈥

Shell Deepwater Picks Bentley Systems' Digital Twin Solutions

Oct 16, 2020

Shell鈥檚 Deepwater business has selected Bentley Systems' digital twin solutions to streamline its capital projects process and accelerate time to first oil.Bentley Systems said that Shell, with a plan to deliver several subsea tie-back projects over the next 10 years鈥

Shell, Microsoft in Alliance to Cut Carbon Emissions

Sep 23, 2020

Oil and gas giant Shell, which has been increasingly getting involved in renewables, has said it has partnered up with tech giant Microsoft 'to support progress towards a world with net-zero emissions.'As part of the strategic agreement signed between the two companies鈥

The Philippines: Shell Looking to Sell Malampaya Stake

Sep 24, 2020

Royal Dutch Shell PLC is looking to sell its 45% stake in the Malampaya gas-to-power project in the Philippines, a key power source for the country's main island of Luzon, its local unit said on Thursday.'As part of an ongoing portfolio rationalization鈥

Shell Working to Turn Around Troubled Australian Operations

Sep 15, 2020

Undaunted by hefty writedowns on its Australian gas assets, Royal Dutch Shell sees its liquefied natural gas business and 'new energy' acquisitions Down Under as core to its long term plans, the Australian unit's chairman said on Tuesday.As鈥

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