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…
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 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 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…
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’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, 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 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…
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 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…
Shell has cleared the final regulatory approval for its US$70 billion acquisition of BG Group, after receiving 'unconditional merger clearance' from the Chinese Ministry of Commerce (MOFCOM). This approval from China is the final regulatory…
Shell made a “major discovery” at its Kaikias well that could possibly surpass 100 MMboe, in the deepwater Gulf of Mexico. Map of the Mars-Ursa basin. From Shell. Kaikias is located about 60mi south of Louisiana…
The US$70 billion Shell and BG Group mega merger received antitrust clearance from the Australian Competition and Consumer Commission (ACCC). Image from Shell. This leaves the…
The Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) granted Shell Canada the approval to begin its Shelburne Basin Venture Exploration Drilling Project, offshore Nova Scotia. The Stena IceMAX…
Shell is ceasing further exploration offshore Alaska after the company's Burger J prospect failed to prove oil, resulting in a multi billion dollar write-down. The Transocean Polar Pioneer “Shell…
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