New Orleans-based wind turbine rotor specialist Gulf Wind Technology (GWT) said Monday it had partnered with Shell New Energies US LLC (Shell), through a $10 million investment by the energy company, to create the Shell Gulf Wind Technology Accelerator program…
Oil major Shell has sanctioned the development of the Dover offshore oil field in the Gulf of Mexico.Shell plans to develop the Dover project as a subsea tieback to the Shell-operated Appomattox offshore production platform, with two production wells produced through a 17…
Kongsberg Digital said Monday it had entered a five-year deal with Shell to digitalize its global assets using Kongsberg Digital's digital twin technology.The Norwegian company said the contract was an amendment to the framework agreement signed in 2020…
After discovering oil and the Graff-1 well in Namibia in 2022, Shell has now made another offshore oil discovery in the country's deep waters.This time, Shell made a discovery at the Jonker-1X deep-water exploration well, QatarEnergy and Namcor…
Shell is reviewing its current plan to reduce oil output by 1% to 2% per year by 2030, Chief Executive Officer Wael Sawan told the Times, against the backdrop of rival BP recently rowing back from hydrocarbon output reduction aims. Sawan took…
Norwegian energy industry engineering and construction service firm Aibel has won a contract for tasks related to the completion of Shell’s Penguins floating production, storage, and offloading (FPSO) unit, which recently arrived in Norway.The Penguins FPSO…
Oil major Shell has started production from its Vito offshore platform in the US Gulf of Mexico (GoM). 'With an estimated peak production of 100,000 barrels of oil equivalent per day, Vito is the company's first deep-water platform in the GoM to employ a simplified…
Shell delivered a record $40 billion profit in 2022, the energy giant said on Thursday, capping a tumultuous year in which a surge in energy prices after Russia's invasion of Ukraine allowed it to hand shareholders unprecedented returns. The British company's record earnings…
Shell has reportedly threatened legal action against Greenpeace activists who last week boarded a heavy load carrier carrying Shell's Penguins FPSO, destined for deployment in the UK North Sea.Last Tuesday, four activists climbed aboard the…
Four Greenpeace activists on Tuesday boarded the heavy transportation vessel carrying Shell's Penguins FPSO aboard, calling on the oil major to 'Stop Drilling. Start Paying.'Six Greenpeace International activists attempted, and four managed…
Shell held talks with Harbour Energy to sell its Norwegian oil and gas fields last year but could not reach a deal due to gas price volatility and uncertainty over the long-term outlook, three company sources told Reuters. London-based Shell…
Earnings from Shell's liquefied natural gas (LNG) trading operations are likely to have been significantly higher in the fourth quarter of last year despite a sharp output drop owing to plant outages, it said on Friday.Europe's largest oil and…
Shell has stopped production at its Prelude floating LNG plant off Western Australia after a fire.A Shell spokesperson told Reuters on Thursday that the fire at the giant FLNG unit 'was rapidly extinguished.'The 488-meter-long, Shell-operated…
Northern Ocean Ltd's semi-submersible drilling rig, Deepsea Bollsta, has arrived in Namibia and started its contract with Shell.The contract for the 2019-built offshore drilling rig has a firm duration of twelve months. Shell will have the option to extend it for another six months…
Shell and Mitsubishi's subsidiary Eneco have won the bid to build an offshore wind farm at Hollandse Kust (west) lot VI, located in the North Seaoffshore the Netherlands. Shell said Thursday that the project would have an installed capacity of approximately 760 MW…
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