Shell Russia News

Barakah Offshore Subsidiary Wins Shell Mooring Buoy Replacement Gig

Aug 08, 2023

Malaysian offshore services firm Barakah Offshore Petroleum has, via its subsidiary PBJV Group, received the Letter of Award from Brunei Shell Petroleum for the “SPM2 Replacement Project.'PBJV will be responsible for engineering work, supply of materials…

US Offshore Wind Sector Faces Key Test After Weak Gulf Auction

Aug 30, 2023

The low interest in the first-ever auction of offshore wind farm development rights in the Gulf of Mexico marks a potentially serious setback for U.S. President Joe Biden’s green energy agenda, and the U.S. offshore wind sector in general.U…

Low Interest Shown in US' First Gulf of Mexico Offshore Wind Auction

Aug 29, 2023

Only one of three available areas was sold during the United States' first ever offshore wind lease sale in the Gulf of Mexico on Tuesday.The auction, held by the Interior Department's Bureau of Ocean Energy Management (BOEM) offered up three sites for offshore wind development…

Equinor Awards SLM Project to Ocean Installer

Aug 23, 2023

Offshore installation firm Ocean Installer on Wednesday announced it has been awarded a subsea lines modification (SLM) project from Norwegian energy company Equinor covering work at Visund, Vigdis, Åsgard fields and Northern Lights CO2 Pipeline…

Wood, Shell in Multi-year Services Deal

Aug 02, 2023

Wood, an energy industry consulting and engineering company, said Wednesday it had signed a multi-year enterprise framework agreement (EFA) to continue to provide services to Shell’s global projects.Bringing specialist consulting, engineering…

Woodside Says Constructively Addressed Several Worker Concerns

Aug 22, 2023

Woodside Energy has 'constructively addressed' several concerns of workers at Australia's largest LNG facility, its CEO said on Tuesday, a day before crucial talks with unions aimed at averting any industrial action that could disrupt global supplies of the super-chilled fuel…

Namibia Grants Global Petroleum, Partners 2-Year Renewal Period for Offshore Block

Aug 14, 2023

Oil and gas company Global Petroleum said Monday that the Namibian Ministry of Mines and Energy had given approval for the company and its partners to proceed to the First Renewal Period ('FRP') of Walvis Basin license PEL 94, with a duration of two years from September 2023 to September 2025…

Dutch Court Rules Huge Carbon Capture Project Can Go Ahead

Aug 17, 2023

The Netherlands' highest court on Wednesday ruled that construction of a major carbon capture project in the Rotterdam port area can go ahead, despite objections by environmental activists.The planned 'Porthos' project would be Europe's largest carbon capture…

Poland's Orlen, Gaz-System Sign Gas Deal for Planned Floating Terminal

Aug 18, 2023

Poland's Orlen has signed a contract with state-owned pipeline operator Gaz-System for the regasification of up to 58 liquefied natural gas (LNG) cargoes per year at a planned floating gas terminal, the energy company said on Friday.Poland has…

Asian Buyers May Seek US LNG if Australian Disputes Worsen

Aug 22, 2023

Major Asian buyers of LNG could seek US cargoes in the coming weeks if worker-related disputes at key LNG facilities in Australia escalate, analysts said, as electricity demand continues surge due to warm weather.Uncertainty over labour disputes…

Indonesia's Gas Ambition Faces Investor Test with Shell, Chevron Exits

Aug 11, 2023

Indonesia hopes the recent exit of global giants Shell and Chevron from two long-delayed natural gas projects will jumpstart their development, as it races to more than double gas production by 2030.The Masela and Indonesia Deepwater Development (IDD) projects…

Workers Start Strike Vote at Chevron's LNG Facilities in Australia

Aug 18, 2023

Chevron faces the prospect of work stoppages or even an all-out strike at Australia's second-largest liquefied natural gas (LNG) plant at Gorgon and at its Wheatstone operations after voting opened on Friday for a union ballot. Australia is one of the largest exporters of LNG to the world…

As Australian LNG Strike Looms, Impact Limited ... for Now

Aug 21, 2023

The likelihood of industrial action at three Australian liquefied natural gas facilities is increasing, but the question for the market is what is the potential impact on the supply of the super-chilled fuel.Unions at Woodside Energy Group's…

Oil Set for Sixth Weekly Gain on Extended Supply Cuts

Aug 04, 2023

Oil prices were on track for a sixth week of gains after Saudi Arabia and Russia, the world's second and third-largest crude producers, pledged to cut output through September.Brent crude futures for October edged 33 cents higher to $85.47 a barrel by 1326 GMT…

North Sea Oil Firm Awards Multi-Year Deals to Simon Møkster Shipping's PSVs

Jul 31, 2023

Norway-based offshore vessel owner Simon Møkster Shipping said Monday it had secured long term contracts for two of its platform supply vessels.The company said it had been awarded new multi-year contracts by a North Sea Operator in the UK for the PSVs Stril Odin and Strilmøy…

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