Shell News

UK Regulator Extends License for North Sea Cambo Oil Prospect

Mar 30, 2022

The British oil and gas regulator has extended by two years the license for the Cambo oilfield prospect in the North Sea which is owned by Shell and Siccar Point, Shell said on Wednesday.'The North Sea Transition Authority has awarded Siccar…

Shell Starts Production from 20,000 boe/d PowerNap Field in U.S. Gulf of Mexico

Mar 29, 2022

Shell has brought online its PowerNap project, a subsea development in the U.S. Gulf of Mexico with an expected production of 20,000 barrels of oil equivalent per day (boe/d). PowerNap is a tie-back to the Shell-operated Olympus tension leg platform (TLP) in the prolific Mars Corridor…

UKCS: Shell Releases Amended Plan for Jackdaw Gas Field Development

Mar 18, 2022

Shell on Friday released an amended plan for the development of a major North Sea gas field which British regulators initially rejected last year on environmental grounds.Shell said in the new environmental development plan of the Jackdaw field that it aims to start production from the field…

Shell to Pull the Plug on Gazprom Equity Partnerships

Feb 28, 2022

In the latest corporate backlash to Russia's invasion of Ukraine, the Board of Shell plc said it intends to exit its joint ventures with Gazprom and related entities, including its 27.5 percent stake in the Sakhalin-II liquefied natural gas facility…

Shell to Exit Russian Oil and Gas

Mar 08, 2022

Oil major Shell said Tuesday it would withdraw from its involvement in all Russian hydrocarbons, including crude oil, petroleum products, gas, and liquefied natural gas (LNG). The news follows Shell’s decision last week that it intends to end…

Report: Shell to Launch Sale of Southern North Sea Fields

Feb 15, 2022

Shell is preparing to launch the sale of its stakes in two clusters of gas fields in the southern British North Sea, part of an ongoing retreat of long-time producers from the aging basin, industry sources told Reuters.Shell is planning to offer…

Shell Says Tanzania LNG Project is Making Good Progress

Feb 22, 2022

Shell has made good progress with the Tanzanian government in recent months to advance a liquefied natural gas (LNG) project to tap the East African country's huge gas resources, a Shell executive said on Monday.'We have seen some real quick…

Shell's Head of Renewables Steps Down

Jan 28, 2022

Shell's head of renewable energies Elisabeth Brinton has stepped down less than two years after taking the reins of the business which the company seeks to rapidly grow as part of its strategy to reduce greenhouse gas emissions.Brinton, who joined Shell in 2018…

Shell Gets Approval to Drill at Ormen Lange Field

Jan 27, 2022

Shell's Norwegian subsidiary Norske Shell has received regulatory consent to drill an exploration well in the Norwegian Sea.The Petroleum Safety Authority said Wednesday that Shell would drill the well  6305/5-C-3 H in block 6305/5 in the Production License 209…

Shell Taps OCTIO for Geophysical Monitoring at Ormen Lange Field

Feb 04, 2022

OCTIO, as of recently a subsidiary of Reach Subsea, has secured a multi-year geophysical monitoring contract with Shell in Norway for the Ormen Lange offshore field. “OCTIO welcomes the opportunity to continue to support A/S Norske Shell at Ormen Lange…

Namibia Aims for First-ever Oil Output by 2026 after Shell Offshore Find

Feb 07, 2022

Namibia aims to fast-track the development of its first oilfield to have production by 2026 following a significant offshore discovery by Shell, a senior energy official told Reuters on Monday.Shell on Friday said the exploration well off the…

Royal Dutch No More: Shell Officially Changes Name

Jan 21, 2022

Shell officially changed its name on Friday, ditching 'Royal Dutch', which has been part of its identity since 1907, following plans to scrap its dual share structure and move its head office from the Netherlands to Britain.'Shell announced…

Shell, UK Regulators Renew Talks on Jackdaw Offshore Field Development

Jan 21, 2022

Royal Dutch Shell and British regulators have revived talks on developing the Jackdaw gas field in the North Sea as the government struggles with soaring gas and power prices, company and industry sources said.In recent weeks, Secretary of State at the Department of Business…

Reuters: Shell Makes 'Significant' Oil and Gas Discovery Offshore Namibia

Jan 25, 2022

Shell has made a significant oil and gas discovery at a closely-watched offshore well in Namibia which could spark a wave of investment in the southern African country, three industry sources told Reuters.Namibia is not a fossil fuel producer…

Shell Seismic Survey Approval Complied with Rules, S.Africa Minister Says

Jan 13, 2022

Shell's plan for seismic testing on South Africa's Wild Coast, which critics say threatens dolphins, seals, whales, penguins and other rare sea life, received all necessary environmental approvals, the country's energy minister said in a letter to parliament…

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