Shell is buying the deepest floating production unit in the world, the Turritella floating production storage and offloading (FPSO) unit in a US$1 billion cash deal that will allow the supermajor to assume operatorship of the entire Stones development in the deepwater Gulf of Mexico…
4Subsea has been awarded a contract for integrity management with Shell, using the digitalized web solution FlexTrack for integrity monitoring on the operator's Draugen, Knarr and Ormen Lange fields. The contract is a continuation and…
Oil major Shell has not provided enough information about its plans for decommissioning the massive Brent field structures, according to a joint statement by eight environmental groups. The statement was made at the end of a 60-day consultation…
Shell and Mitsui Oil Exploration have taken the final investment decision for phase one of the Kaikias deepwater project in the US Gulf of Mexico, in hopes of starting production in 2019. Illustration of Kaikias…
Supermajor Shell has agreed to sell a package of UK North Sea assets to Chrysaor for a total of up to US$3.8 billon. The packaged deal consists of Shell's interest in Buzzard, Beryl, Bressay, Elgin-Franklin, J-Block, the Greater Armada cluster…
Malaysia's MISC Berhad has won its battle in court against supermajor Shell over contractual disputes concerning the construction and lease of the Gumusut-Kakap semi-floating production system (Semi-FPS), offshore Malaysia that was filed last year…
Shell welcomed a hefty 136% increase to its full-year 2016 income, as the supermajor looks ahead to strengthen its finances in 2017. Image of Malikai, from Shell. The Anglo-Dutch firm reported an income of nearly US$4…
Shell is set to cut 380 jobs as the supermajor moves to close its finance office in Glasgow following a review of its global finance operations, according to news reports. 'For Shell to remain competitive, difficult choices continue to…
The European Intervention and Coiled Tubing Association (ICoTA), is delighted to announce that this year's recipient of the ICoTA Innovation Award was a joint entry from Shell, Helix Well Ops and Altus Intervention. The award, presented at the annual SPE ICoTA Well Intervention Conference…
James Fisher Subsea (JF Subsea), a division of James Fisher Marine Services (JFMS), has reduced inspection downtime to 2% for Shell UK, through use of asset-based remotely operated vehicles (ABROVs) on oil platform inspection programs in the North Sea…
Shell and its joint venture partners, Pavilion Energy and Ophir Energy, have started its Tanzanian drilling program. The program, covering two wells in Block 1 and 4, in the Mafia Deep basin off Tanzania, will target >1 Tcf of gas, according to Ophir…
SEA Hibiscus has signed a US$25 million deal with Shell to acquire operatorship and 50% stake in four fields in the 2011 North Sabah Enhanced Oil Recovery production sharing contract (PSC), offshore Sabah, Malaysia. Malaysia operations…
Supermajor Shell gives another look at how the company is using 3D printing technology. Shell teams can produce scale prototypes of equipment destined for use in projects in a fraction of the usual time – from a huge buoy destined for the Gulf of Mexico…
Supermajor Shell is moving most of its employees in Houston from its downtown location to the west side of the city. The changes, which are expected to take effect in Q1 2017, will move about 3400 employees from the Central Business District…
Shell Canada is moving on to its next prospect in the Shelburne basin, offshore Nova Scotia, after failing to find commercial hydrocarbons at its first exploration well in the program. Map of the Shelburne basin exploration project…
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