Shell News

Shell completes BG merger

Feb 15, 2016

Royal Dutch Shell has officially acquired 100% of BG Group today (15 February) in a US$70 billion mega merger that leaves Shell as one of the biggest oil and gas companies in the world. Shell CEO Ben van Beurden…

Shell in the red, confirms 10,000 job cuts

Feb 04, 2016

Shell’s Q4 2015 earnings fell 57% along with its full year earnings taking a major plunge of 80%, as the Anglo-Dutch supermajor confirms the reduction of some 10,000 across both Shell and BG Group, once the mega merger is complete in a few weeks…

Woodside appoints former Shell exec

Feb 29, 2016

Former Shell senior executive, Ann Pickard has been appointed as Woodside's non-executive director. Pickard retired from Shell in February, where she held numerous positions during her 15-year tenure with the company. She served as executive vice president…

UK court sanctions Shell, BG merger

Feb 11, 2016

The High Court of Justice of England and Wales has sanctioned the mega merger between supermajor Shell and BG Group, paving the way for the biggest merger in more than a decade to be complete early next week.  However, the merger remains…

Petrobras axes PetroRio field sale

Mar 01, 2016

PetroRio has received its second cancelation notice, this time from Petrobras, for the Bijupirá and Salema fields offshore Brazil, just two weeks after it received a pink slip from supermajor Shell, leaving the Brazilian minnow completely out of the fields…

Shell signs on Black Sea block

Feb 24, 2016

Shell has signed a five-year exploration contract in Bulgaria's Black Sea. The firm plans to invest about US$20.5 million to explore gas and oil deposits in the Silistar block, including seismic surveys, Energy Minister Temenuzhka Petkova told reporters in Sofia Tuesday…

Shell cancels PetroRio fields, FPSO deal

Feb 16, 2016

Shell is cancelling the divestment of an 80% stake in the Bijupirá and Salema fields, including the Fluminense floating production and storage offloading unit (FPSO). The Fluminense FPSO. Image from Modec…

Shell shareholders approve BG merger

Jan 27, 2016

Shell shareholders approved the US$70 billion takeover of BG Group in a landslide vote of 83.08% in favor of the mega merger today (27 January) in The Hague, The Netherlands. Shell CEO Ben van Beurden…

Water Standard bags Appomattox gig

Feb 16, 2016

Water treatment solutions company Water Standard secured a contract with Shell Offshore for the design, fabrication, testing, and shipment of an ultrapure water generation package (UWGP) to be integrated on Appomattox, Shell’s floating production system located in deepwater…

Shell, BG merger gets final approval

Jan 28, 2016

BG Group shareholders made the final decision in the US$70 billion mega merger with Shell in an overwhelming 99.53% vote in favor of the deal today (28 January), making it the biggest merger between two supermajors in more than a decade. BG…

Shell in major earnings drop, job cuts

Jan 20, 2016

Shell’s full year 2015 results are expected to record a significant drop of about 54% compared to 2014, in addition to a reduction of some 10,000 positions across BG Group and Shell in an effort to streamline and integrate the two companies…

Earthjustice supports Shell Arctic extension denial

Jan 13, 2016

Earthjustice, on behalf of eight conservation groups, filed to intervene in a case before the Interior Board of Land Appeals to defend the Department of Interior’s (DOI) decision to deny Shell’s request for an extension of the terms of its oil drilling leases in the Arctic Ocean…

Shell ends Polar Pioneer contract

Dec 28, 2015

Shell has terminated the contract for the Polar Pioneer, a harsh environment semisubmersible drilling rig, announced rig owner Transocean on 28 December. The rig was famously used this summer in Shell's Arctic campaign in the Chukchi Sea…

Asset integrity from the start

Jan 01, 2016

Greg Hale takes a look at how Shell integrated an asset integrity program into its new Prelude FLNG project with the intent of saving millions over the next 20-25 years. Integrating an asset integrity…

Shell flows at Corrib off Ireland

Dec 30, 2015

Shell started first natural gas production from the Corrib field, off the northwest coast of Ireland. Corrib start up. Image from Shell. Corrib is located 83km off Ireland’s northwest coast in nearly 350m water depth…

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