Shell Russia News

UK Approves Shell's Revised Jackdaw Field Plan

Jun 02, 2022

Britain's regulator on Wednesday approved Shell's revised plan to develop a North Sea natural gas field as the government seeks to boost domestic energy output following Russia's invasion of Ukraine.In a statement, Shell welcomed the decision…

Valaris Bags $466M in Rig Deals. CEO Sees 'Constructive Outlook' for Offshore Drilling Industry

Jul 06, 2022

Offshore drilling firm Valaris said this week it has recently secured offshore drilling contracts and extensions worth $466 million in total, with the majority of the new backlog filled by a $327 million drillship deal with Equinor in Brazil…

Rovco Nets UXO, Seabed Survey Deal at Dutch Offshore Wind Farm

Jun 30, 2022

Subsea and hydrographic survey services firm Rovco has signed a contract with the Dutch marine services contractor Van Oord to carry out subsea investigation works on Dutch offshore wind farm Hollandse Kust Noord. Rovco will perform an unexploded…

Maersk Drilling Drillship Wins Shell's Floater Rig of the Year Award

Jun 17, 2022

Oil major Shell has named Maersk Drilling's Maersk Viking drillship its 2021 Global Rig of the Year in the Floater Category, in recognition of the drillship’s performance during its time in Brunei Darussalam.'Maersk Viking commenced a two-well…

UK's Energy Security Bill Set to Become Law

Jul 06, 2022

The British government said on Wednesday that plans to bolster the country's energy security, diversify away from fossil fuels, and protect consumers from spiraling prices are set to become law.Britain's energy security bill will be introduced…

Neptune Energy Joins OGCI's Zero Methane Emissions Initiative

Jul 06, 2022

Oil and gas company Neptune Energy has joined OGCI's Aiming for Zero Methane Emissions Initiative, a project to cut emissions of the harmful greenhouse gas to near zero by 2030.  Developed by the Oil and Gas Climate Initiative (OGCI), the initiative aims…

Germany Could Expropriate Part of Nord Stream 2 Gas Pipeline - Spiegel

Jun 24, 2022

The German government is considering converting parts of the Nord Stream 2 gas pipeline into a connection for a liquefied natural gas terminal on the Baltic Sea coast.Magazine Der Spiegel reported on Friday that the German economy ministry is…

Australia: Wood to Oversee First Phase of Northern Endeavour FPSO Decommissioning

Jul 05, 2022

The Australian Government has awarded offshore engineering firm Wood the role of Owner’s Team, to oversee the first decommissioning phase of the Northern Endeavour FPSO unit in the Timor Sea.The 274-meter-long Northern Endeavour FPSO is currently…

Shell Bids to Build Offshore Wind Farms in Poland

Jun 14, 2022

Shell's subsidiary Amber Baltic Wind Ltd has submitted proposals for new offshore wind locations in the Polish Baltic Sea zone as part of the latest government tender. The sites included in the tender will help deliver Poland’s ambition of reaching 11 GW of installed offshore wind capacity by 2040…

Ukraine Attacks Crimean Offshore Platform for Second Time

Jun 27, 2022

Ukrainian forces have attacked a drilling platform in the Black Sea owned by a Crimean oil and gas company, Tass news agency cited local officials as saying on Sunday, the second strike in a week.The platform is operated by Chernomorneftegaz…

Alan Curran Becomes Interim CEO of Providence Resources

Jul 06, 2022

The Irish-based oil and gas company Providence Resources, focused on developing the Barryroe field in the Celtic Sea, off Ireland, has appointed Alan Curran as Interim Chief Executive effective.Following Curran's appointment, James Menton reverts to his role as non-executive Chairman of the Board…

Shell Sanctions $2.5B Crux Gas Field Development Offshore Australia

May 30, 2022

Shell said on Monday it had given the go-ahead to develop the Crux gas field offshore Australia, which analysts estimated would cost around $2.5 billion.Construction is expected to start in 2023 with first gas expected in 2027, which will feed the 3…

France Wants Iran, Venezuela Return to Oil Markets

Jun 27, 2022

France wants sanctions-hit Iran and Venezuela to return to the oil markets to alleviate a Russian squeeze of energy supplies that has spiked prices, a French presidency official said on Monday.It also wants a planned mechanism to cap the price…

OPEC's Secretary-General Barkindo Dies, Nigerian Oil Official Says

Jul 06, 2022

Mohammad Barkindo, the outgoing secretary-general of OPEC who played a key role in forming the wider OPEC+ group of oil producers that has helped the industry navigate global shocks, has died aged 63.The Nigerian oil industry veteran was due…

Staatsolie to Offer 60% of Suriname's Offshore Blocks in Coming Year

Jun 30, 2022

Suriname's state oil firm Staatsolie is getting ready to offer 60% of the country's offshore blocks for auction over the next 12 months, starting with a deepwater round in the fourth quarter, a company executive said on Wednesday.The Guyana…

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