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Shell News

Shell Sees Nigeria Corruption Trial Lasting Many Months

Oct 11, 2018

Royal Dutch Shell expects a landmark corruption trial over a Nigerian oil deal to last many months, warning staff of continued critical media coverage in the $1.3 billion case, according to an internal memo seen by Reuters.Shell's Legal Director鈥

Shell Joins the Global Wind Energy Council

Oct 25, 2018

British-Dutch oil and gas company Shell has joined the Global Wind Energy Council as a board level member as part of its 'new energies strategy' that includes expansion of wind business.Ben Backwell, CEO of the Global Wind Energy Council, says: 鈥淲e are delighted to have Shell join GWEC鈥檚 board鈥

Shell to Invest $2 Bln Annually to Explore in Brazil

Oct 18, 2018

Royal Dutch Shell plans to invest $1 billion to $2 billion annually in oil exploration and production in Brazil through 2025, Brazilian newspaper Valor Economico reported on Thursday.The investment will be made regardless of the outcome of presidential election Oct鈥

Putin to Meet Shell CEO in Moscow: Kremlin Aide

Oct 02, 2018

Russian President Vladimir Putin will meet Royal Dutch Shell Chief Executive Ben van Beurden in Moscow this week, Kremlin aide Yuri Ushakov told reporters on Tuesday.Ushakov said Putin and the Shell boss will discuss the Sakhalin-2 liquefied natural gas (LNG) project on Russia's Pacific coast鈥

Shell in Talks to Sell $1.3 Bln of Gulf Coast Assets

Sep 21, 2018

Royal Dutch Shell Plc is in talks to sell its assets in a Gulf of Mexico oilfield to Focus Oil to pay for its takeover of BG Group Plc, Bloomberg reported on Thursday, citing people familiar with matter.The deal could value Shell's stake in the Caesar Tonga field at about $1鈥

Shell, SBM close Turritella FPSO deal

Jan 16, 2018

Floating production solutions firm SBM 云顶赌场老虎机 today (16 January) closed its $1 billion sale of Turritella, the world鈥檚 largest floating production storage and offloading (FPSO), to Royal Dutch Shell. The sale, announced in July 2017鈥

Sembcorp inks LOI for Shell's Vito development

Dec 05, 2017

Sembcorp Marine and Shell have signed a letter of intent for Sembcorp to construct the hull and topside for Shell鈥檚 Vito floating production unit (FPU). Sembcorp Marine subsidiary Sembcorp Marine Rigs & Floaters also will handle integration of the FPU鈥

Shell selling Woodside shares

Nov 13, 2017

Shell took another step towards completing its three-year, US$30 billion divestment program by selling shares in Woodside Petroleum to equity investors. Shell subsidiary, Shell Energy Holdings Australia, initially said today (13 November)鈥

[Updated] Enchilada fire injures 2

Nov 08, 2017

Two people were injured after a fire broke out on supermajor Shell's Enchilada platform in the US Gulf of Mexico early Wednesday morning, according to a joint report by the US Coast Guard (USCG) and the Bureau of Safety and Environmental Enforcement (BSEE)鈥

Shell completes Chrysaor sale

Nov 01, 2017

Private equity backed independent Chrysaor says it is already maturing drilling opportunities after completing a deal to buy a major package of UK North Sea assets from Shell for up to US$3.8 billion. The deal sees Chrysaor become a major independent exploration company company in the UK鈥

Shell, Petrobras lead pre-salt auctions

Oct 27, 2017

Brazil held its 2nd and 3rd production sharing rounds concerning pre-salt areas today (27 October) where Shell and Petrobras were early winners. Shell will participate in three blocks, and operate two, while Petrobras will serve as operator for three blocks鈥

Appomattox hull arrives in US Gulf

Oct 12, 2017

The hull for the Appomattox field development facility arrived last week at the Ingleside, Texas shipyard where it will undergo final construction before installation in the deepwater Gulf of Mexico. Source鈥

Still in the game

Oct 01, 2017

Is deepwater still relevant? Shell thinks so, from optimizing its existing production to new projects. But when will the tap be turned? Elaine Maslin reports. Shell鈥檚 Olympus platform. Photo from Shell's Flickr鈥

Shell, Petrobras ink pre-salt MoU

Sep 12, 2017

Shell and Petrobras signed a five-year memorandum of understanding (MoU) last week to establish a long-term mutual collaboration in developing pre-salt fields in Brazil that will focus on sharing technical and cost-efficient solutions. Libra鈥

Shell gets two Lomond warnings from HSE

Aug 09, 2017

Shell has been given two safety warnings from the UK鈥檚 Health and Safety Executive (HSE) on its Lomond facility in the Central North Sea. Map of Lomond and surrounding Shell assets. Map from Chrysaor鈥

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