Shell Russia News

Woodside CFO to Step Down in 2022

Nov 16, 2021

Australian oil and gas company Woodside on Tuesday announced the resignation of its Chief Financial Officer, Sherry Duhe, to pursue a careeropportunity with another ASX-listed company.Woodside CEO Meg O’Neill said: 'Sherry’s financial and commercial…

McDermott, Shell in MoU to Decarbonize Construction

Nov 03, 2021

Offshore installation and construction company McDermott has signed a memorandum of understanding with Shell Eastern Petroleum Pte Ltd (Shell), a subsidiary of Shell, to collaborate on decarbonizing construction. 'The agreement enables McDermott and Shell to explore opportunities for reducing…

Italian Prosecutors Won't Appeal Acquittal of Two in Nigerian Offshore Oil Graft Case

Nov 03, 2021

The acquittal of Nigerian Emeka Obi and Italian Gianluca Di Nardo in a graft case in Nigeria involving Eni and Shell has become final after prosecutors said they would not appeal on behalf of the Nigerian government.In a decision seen by Reuters on Wednesday…

Shell Restarts Production from Hurricane-hit Platforms in Gulf of Mexico

Nov 05, 2021

Shell said on Friday it had restarted production at its offshore Mars and Ursa in the Gulf of Mexico and began exporting oil and gas through a transfer facility, which was shut due to damage from Hurricane Ida.The oil major was the hardest-hit producer from Ida…

OGUK: UK Must Allow New Oil and Gas Fields or Risk Surging Bills and Shortages

Nov 22, 2021

OGUK, the trade body representing interests of the UK’s offshore oil and gas industry, has urged the government to allow new oil and gas fields, “or risk surging import bills and future shortages.”The trade body said it was reacting after the debate over the Cambo offshore oil and gas field…

Asian Countries Looking to Release Oil Reserves after U.S. Request

Nov 18, 2021

The world's biggest economies said on Thursday they were looking into releasing oil from their strategic reserves, following a rare request from the United States for a coordinated move to cool global energy prices.The U.S. move reflects frustration…

Norway: Aibel Bags $560M Worth of Contracts with Equinor, Partners

Nov 23, 2021

Norwegian oil and gas company Equinor has, on behalf of the license partners in Krafla, Gina Krog, Asterix fields, and Gassco at Kårstø, signed contracts with engineering and construction firm Aibel worth around five billion Norwegian crowns (nearly $560 million)…

U.S., Global Partners Challenge OPEC+ with Coordinated Release of Oil From Reserves

Nov 23, 2021

The United States said on Tuesday it would release millions of barrels of oil from strategic reserves in coordination with China, India, South Korea, Japan and Britain, to try to cool prices after OPEC+ producers repeatedly ignored calls for more crude…

Woodside's Giant Scarborough LNG Project May Be the Last of Its Type

Nov 23, 2021

For the first time in a decade, a massive new liquefied natural gas (LNG) project has been approved for construction in Australia, but the Scarborough venture's structure and market realities indicate it may well be the last of its kind.Woodside…

Gulf of Mexico Lease Sale Pulls in $191.6 Million

Nov 17, 2021

The Biden administration's auction of oil drilling rights in the U.S. Gulf of Mexico generated more than $190 million in high bids, bringing in more money for taxpayers than any government offshore lease sale since early 2019.The Department of Interior auction came days after the U…

U.S. Offshore Oil Auction Starts Under Court Order, Shadow of Climate Deal

Nov 17, 2021

The Biden administration on Wednesday will auction oil drilling rights to 80 million acres in the U.S. Gulf of Mexico days after joining a global agreement that for the first time targeted fossil fuels as the main driver of global warming.The…

Petrobras Orders Mero 4 Subsea Production System from Aker Solutions

Nov 18, 2021

Norwegian offshore engineering firm Aker Solutions has said it has won a 'substantial' contract with Petrobras to provide a subsea production system and related services for the Mero 4 project, offshore Brazil. Aker Solutions defines a substantial…

Germany Suspends Nord Stream 2 Certification, Sets Demands

Nov 16, 2021

Germany's energy regulator said on Tuesday it had suspended the certification process for the Nord Stream 2 pipeline to pump Russian gas and said the Swiss-based consortium needed to form a company under German law to secure an operating licence…

VIDEO: Niestern Sander Launches Walk-to-work Icebreaker

Nov 16, 2021

Dutch shipbuilder Royal Niestern Sander last weekend launched 'yard number 862', a shallow draft ice-breaking walk to work vessel, being built for a joint venture between the Russian companies Mercury Sakhalin and Pola.'The world’s first ice…

Gazprom Declines to Book More Gas Transit to Europe. Nord Stream 2 Awaiting Approval

Nov 02, 2021

Russia's Gazprom declined to book extra capacity to ship more gas to Europe at auctions on Tuesday, a step that would have helped ease prices in a market haunted by worries about Moscow's intentions.The Kremlin said Russia remains committed…

Current News

Equinor Brings Eirin Gas Field On Stream in North Sea

Equinor Brings Eirin Gas Field

BP Sets 2027 Timeline for Bumerangue Appraisal off Brazil

BP Sets 2027 Timeline for Bume

Brent Near $114 as Middle East Conflict Continues

Brent Near $114 as Middle East

Thailand Cancels Offshore Energy Exploration Pact with Cambodia

Thailand Cancels Offshore Ener

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine