Shell Russia News

Northern Ocean's Deepsea Bollsta Offshore Drilling Rig Starts Shell Contract in Namibia

Dec 12, 2022

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 to Sell Stake in Baram Delta Offshore Malaysia for $475M

Dec 13, 2022

Shell Plc said on Tuesday it would sell its stake in two offshore production sharing contracts in Malaysia's Baram Delta for $475 million to Petroleum Sarawak Exploration & Production Sdn Bhd. The announcement comes after Shell announced in…

Eletrobras, Shell Mull Co-investment in Brazil Offshore Wind Power

Dec 15, 2022

Brazilian power company Eletrobras and Shell have signed a cooperation agreement to exchange information as they mull a potential co-investment in offshore wind power in the South American country, Eletrobras said on Thursday.The move marks another step for Shell in the sector in Brazil…

Exxon Sues EU in Move to Block New Windfall Tax on Oil Companies

Dec 28, 2022

U.S. oil major Exxon Mobil Corp is suing the European Union in a bid to force it to scrap the bloc's new windfall tax on oil groups, arguing Brussels exceeded its legal authority by imposing the levy.The windfall profits tax is 'counter-productive'…

Multi-country Drilling Deal for Northern Ocean's Semi-sub

Dec 14, 2022

Oslo-listed offshore drilling rig owner Northern Ocean has won a contract with TotalEnergies for its Deepsea Mira semi-submersible drilling rig to be used in a 'multi-country' drilling program.Starting in the middle of the second quarter of 2023…

Northern Ocean Buys Deepwater Riser System from Scana's PSW Technology

Dec 19, 2022

Scana's PSW Technology has secured a contract to sell a deepwater riser system to offshore drilling contractor Northern Ocean.'The agreement involves the sale of a complete marine riser system to Northern Ocean for ultra-deepwater operations…

Shell's 34,000t North Sea-bound Penguins FPSO Leaves Chinese Shipyard

Dec 09, 2022

Shell's Penguins FPSO has set sail from China loaded aboard Boskalis' White Marlin semi-submersible heavy transportation vessel.In a social media post on Thursday, Boskalis said: 'Boskalis’ semi-submersible transport vessel White Marlin departed from Qingdao…

Oil Firms Take Four Out of 11 Offshore Blocks on Offer in Brazil's Bidding Round

Dec 19, 2022

Four out of the eleven blocks on offer in the Santos and Campos Basins offshore Brazil, were acquired as part of Brazil's first cycle of the Open Acreage in the production-sharing model (OPP), held Friday by the country's oil and gas regulator…

Valaris Adds $275M Worth of Offshore Drilling Contracts to Backlog

Dec 16, 2022

Offshore drilling firm Valaris Limited said Thursday it had secured $275 million worth of drilling rig contracts since its most recent fleet status report was issued on October 31, 2022. Valaris won contracts and contract extensions for one drillship and six jack-up rigs…

Reuters: UK Rebuffs Calls from Oil & Gas Bosses to Amend Windfall Tax

Dec 09, 2022

The British government stood firm on its windfall tax on the oil and gas sector in a meeting with industry executives on Friday, two sources with knowledge of what was discussed said.Finance Minister Jeremy Hunt rebuffed requests from North…

Report: Qatar Energy Sells Feb Al-Shaheen at 20-mth Low Premiums

Dec 16, 2022

Qatar Energy has sold five cargoes of al-Shaheen crude loading in February at premiums of between $1.30 and $1.50 a barrel to Dubai quotes via its monthly tender, two trade sources said on Friday.The premiums are the lowest since June 2021 and…

'Good Year' for Offshore Exploration in Malaysia with 10 Discoveries Made

Dec 23, 2022

Malaysian oil and gas company Petronas together with its Petroleum Arrangement Contractors (PACs) recorded a total of 10 oil and gas discoveries in Malaysia in 2022, following the increase of exploration activities in the country. Eight oil and gas discoveries were made off the coast of Sarawak…

Study Launched for Multi-GW Scale Offshore Hydrogen Production in Dutch North Sea

Dec 20, 2022

Danish engineering group Ramboll will investigate the feasibility of producing hydrogen offshore at a multi-gigawatt scale with NortH2 in the Dutch part of the North Sea.The NortH2 consortium, consisting of Eneco, RWE, Equinor and Shell, in partnership with Gasunie…

"K" Line to Operate Northern Lights' Liquefied CO2 Ships

Dec 19, 2022

Northern Lights, a carbon capture and storage joint venture between TotalEnergies, Shell, and Equinor, has signed an agreement under which Japan's 'K' Line will operate Northern Lights' first two 7,500 m3 liquefied CO2 ships. The ships will be delivered in 2024…

Offshore Wind Growth Partnership's New Program Director Joins from Shell

Dec 12, 2022

UK-based Offshore Wind Growth Partnership has appointed Anil Sayhan as its new Program Director. Sayhan joins from Shell where he held frontline and corporate roles in products marketing, exploration and production, and renewables and energy solutions in the Netherlands…

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