Shell's Malaysian subsidiary Sarawak Shell Berhad has made a final investment decision (FID) on the Timi gas development, offshore Sarawak, in Malaysia. The Timi development will feature Shell Sarawak Berhad's first wellhead platform in Malaysia…
Offshore drilling firm Valaris has secured contracts with Shell Namibia Upstream B.V. and Shell Sao Tome and Principe B.V. offshore Namibia and Sao Tome and Principe, respectively, for its drillship VALARIS DS-10.The contracts for the 2017-delivered offshore rig are each for one well…
U.S. oilfield services firm Gate Energy has won a deal with Shell for facility commissioning of the recently sanctioned Whale development in the U.S. Gulf of Mexico.Shell last month reached a final investment decision for the Whale deepwater field development…
Oil major Shell has reached a final investment decision for its Whale deepwater field development in the U.S. Gulf of Mexico.Discovered in 2017, Whale will feature a semi-submersible production host in more than 8,600 feet (2621 meters) of water with 15 oil-producing wells…
Royal Dutch Shell boosted its dividend and launched a $2 billion share buyback program on Thursday after a sharp rise in oil and gas prices drove second-quarter profits to their highest in more than two years.As profits across the industry recovered…
Shell has started production from Block 5C in the East Coast Marine Area (ECMA) off Trinidad and Tobago. Block 5C, also known as Project Barracuda for which the FID was announced in January 2020, is a backfill project with approximately 25,000…
Malaysia's Petronas has awarded Block SK437 offshore Sarawak, Malaysia to Petronas Carigali, Sarawak Shell Berhad, Petroleum Sarawak Berhad (Petros).Block SK437 is located to the southwest of the prolific Central Luconia province, measuring 2…
ICR Integrity (ICR), an industrial maintenance and integrity company, has won a three-year contract with Shell UK.Under the contract, which includes extension options, ICR will provide its Technowrap engineered composite repairs, as well as Quickflange weldless connectors…
Oil major Shell has signed a five-year contract with PetroChina to supply the Chinese company with carbon-neutral liquefied natural gas (LNG) cargos, Shell said on Monday.Many companies, particularly those in the fossil fuel industry are using…
Royal Dutch Shell on Wednesday said it would boost its returns to shareholders via share buybacks or dividends after a sharp rise in oil and gas prices helped it reduce debt.It will increase its distribution to shareholders to 20% to 30% of cash flow from operations beginning in the second quarter…
Royal Dutch Shell will seek ways to accelerate its energy transition strategy and deepen carbon emission cuts following a landmark Dutch court ruling last month, CEO Ben van Beurden said on Wednesday, a move that will likely lead to a dramatic shrinking of its oil and gas business…
Oil major Shell has chartered an offshore accommodation rig from the Swedish company Floatel for work in the Philippines.Floatel said Tuesday that Shell Philippines Exploration had awarded it a contract for the Floatel Triumph accommodation unit…
A Dutch court on Wednesday ordered Royal Dutch Shell to significantly deepen its planned greenhouse gas emission cuts, in a landmark ruling that could pave the way for legal action against energy firms around the world.At a courtroom in The Hague…
Denmark-based Aegir Insights, an offshore wind investment analytics company, has announced a partnership with Shell, where Aegir Insights will provide data-driven analytics and intelligence to help Shell's offshore wind business development…
Royal Dutch Shell shareholders overwhelmingly backed the company's energy transition strategy on Tuesday, but increased support for a second climate resolution filed by an activist group pointed to growing pressure to tackle climate change.A…
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