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Shell News

Shell Exits Indonesian Gas Project

Oct 18, 2023

Oil major Shell has sold its 35% stake in Indonesia鈥檚 Masela offshore block to PT Pertamina Hulu Energi and Petronas. The sale includes the Abadi gas project. The completion of the sale follows regulatory approval from Indonesia鈥檚 Ministry of鈥

Seatrium Delivers Shell's Whale Floating Production Unit

Oct 19, 2023

Singapore's Seatrium said Thursday it had delivered the 2019-ordered Whale Floating Production Unit (FPU) to Shell for deployment at Whale deepwater field development in the U.S. Gulf of Mexico.According to Seatrium, which was known as Sembcorp Marine went the FPU was ordered鈥

Shell, SLB, and AWS Sign Multi-Year Agreement for Subsurface Digital Solutions

Oct 10, 2023

Oilfield services and technology company SLB said Wednesday that a multi-year three-way collaboration agreement was signed to deliver digital end-to-end workflows for Shell, using SLB subsurface solutions on Amazon Web Services' (AWS) cloud infrastructure鈥

BP, Shell Reach Agreement with Trinidad to Explore Deepwater Blocks

Sep 22, 2023

A BP Plc and Shell Plc consortium has reached an agreement with Trinidad and Tobago to explore three deepwater blocks for hydrocarbon production in the Caribbean country, Minister of Energy Stuart Young said on Thursday. The deal would help鈥

Ithaca Energy to Take Full Control of Cambo, UK North Sea's Second Largest Undeveloped Oil and Gas Discovery

Sep 12, 2023

Ithaca Energy has agreed to acquire the remaining 30% stake in Cambo from Shell, taking Ithaca Energy鈥檚 stake in Cambo to 100%.To remind, Ithaca Energy said in May it had agreed to market Shell's 30% stake in the Cambo oil prospect in the UK North Sea鈥

Shell Ditched Major Works on Prelude for Shorter Maintenance Schedule

Sep 06, 2023

Shell considered shutting its flagship Prelude FLNG facility off Australia for a year to fix issues that have plagued its operations, but instead opted for shorter maintenance period to allow it to capture strong gas demand, three industry sources said鈥

Shell, Trinidad Weigh Venezuela's Natural Gas Investment Demands

Sep 05, 2023

Shell and Trinidad and Tobago's National Gas Company (NGC) are close to agreeing to credit Venezuela's state-run oil firm for its $1 billion investment in a gas field the three want to jointly develop, four people close to the discussions said鈥

Shell Comes Up Empty in Namibia Exploration Well

Aug 31, 2023

Shell's Cullinan-1X exploration well offshore Namibia did not make a commercial oil and gas discovery, the company said on Thursday.Namibia, which has yet to produce any oil and gas, has attracted strong interest from international companies鈥

Shell Delivers First Gas from the Timi Platform in Malaysia

Aug 27, 2023

Sarawak Shell Berhad, a subsidiary of Shell plc, has announced that gas production has started at its Timi platform in Malaysia under the SK318 production sharing contract.Timi features Shell鈥檚 first wellhead platform in Malaysia that is powered by a solar and wind hybrid power system鈥

Shell Announces Executive Committee Change

Aug 29, 2023

Ronan Cassidy, Shell plc鈥檚 Chief Human Resources and Corporate Officer, will step down with effect from December 31, 2023, and leave group service thereafter.Rachel Solway, currently Executive Vice President, Human Resources Organisation Development & Learning鈥

Seatrium Bags Contract for Shell's Sparta Production Unit

Aug 27, 2023

Singapore-based Seatrium Oil and Gas International has signed a Letter of Intent with Shell 云顶赌场老虎机 for construction work relating to Shell鈥檚 Sparta project in the Gulf of Mexico.Sparta is a deepwater development approximately 170 miles off the Louisiana coast鈥

Wood, Shell in Multi-year Services Deal

Aug 02, 2023

Wood, an energy industry consulting and engineering company, said Wednesday it had signed a multi-year enterprise framework agreement (EFA) to continue to provide services to Shell鈥檚 global projects.Bringing specialist consulting, engineering鈥

Floatel Bags 4-Month Contract to Support Shell's 云顶赌场老虎机 Operations in the UK North Sea

Aug 08, 2023

云顶赌场老虎机 accommodation rig firm Floatel International has secured a 4-month charter to provide accommodation support to Shell in the UK North Sea.Floatel, which owns and operates five semisubmersible accommodation units, said the contract was鈥

Shell, TotalEnergies Profits Slump as Oil, Gas Prices Cool after Bumper 2022

Jul 27, 2023

Shell and TotalEnergies reported sharp falls in second-quarter profit from bumper 2022 earnings as oil and gas prices, refining margins and trading results all weakenedOil and gas prices soared last year in the wake of Russia's invasion of Ukraine鈥

Shell Pivots Back to Oil to Win Over Investors - Sources

Jun 09, 2023

Shell will keep oil output steady or slightly higher into 2030 as part of CEO Wael Sawan's efforts to regain investor confidence as the energy giant wrestles with poor returns from renewables while oil and gas profits are booming, company sources said鈥

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