Shell Malaysia News

 

Velesto’s Jack-Up Rig Set for Drilling Job off Indonesia

May 23, 2025

Malaysia’s oil and gas services firm Velesto has secured a new drilling contract for its NAGA 8 jack-up drilling rig offshore Indonesia.The contract has been awarded by PC Ketapang II, PC North Madura II, and PETRONAS North Ketapang, and is set to begin in July 2025…

DeepOcean Expands Subsea Market Scope with Shelf Subsea Acquisition

May 22, 2025

Ocean services provider DeepOcean has acquired Shelf Subsea, creating a ‘global subsea services player’ with an extensive portfolio of solutions, now also covering the Asia-Pacific and Middle East regions.DeepOcean has acquired 100% of the shares in Shelf Subsea…

Velesto’s Jack-Up Rig Up for Drilling Job Offshore Vietnam

May 20, 2025

Malaysia’s oil and gas services firm Velesto has secured a drilling contract by Phu Quoc Petroleum Operating Company (PQPOC) for its NAGA 4 jack-up drilling rig, which will be put to work off Vietnam.Under the long-term contract, Velesto’s NAGA…

Eni Starts Gas Production at Merakes East Field in Indonesia

May 13, 2025

Eni has started gas production from the Merakes East field in the Kutei Basin offshore Indonesia, the Italian energy group said on Tuesday in a statement.The field is part of the East Sepinggan block, where Eni holds an 85% operating stake,…

TotalEnergies, BW Energy to Decide on Namibia Projects in Late 2026

May 13, 2025

Namibia expects French oil major TotalEnergies to take a final investment decision (FID) on its Venus discovery in the African country in the fourth quarter of 2026, the country's petroleum commissioner said on Tuesday.Maggy Shino said at a…

Viaro Energy Appoints Exceed as Well Operator for Over 190 North Sea Wells

May 12, 2025

U.K.-based oil and gas company Viaro Energy has appointed Exceed as well operator for over 190 wells which will comprise Viaro’s One Gas West assets following completion of the acquisition from Shell and ExxonMobil.Exceed will manage all aspects of late life well operations…

Delays in Store for Two Wells at Shell’s Perdido Development

May 12, 2025

Shell, the top U.S. offshore producer, said this week that two of its wells to boost production at the Perdido offshore development were delayed to the end of the year, while one was brought online in March.All three wells, part of Perdido's Great White unit…

Shell and Google Enter PPA to Extend Life of First Dutch Offshore Wind Farm

May 06, 2025

Shell and Google have signed a power purchase agreement (PPA) for the electricity produced at 108 MW NoordzeeWind project, extending the lifespan of Netherland’s first offshore wind farm.The agreement will extend the lifespan of the NoordzeWind…

Eco Atlantic Moves Forward with Orange Basin Offshore Block Plans

May 06, 2025

Eco (Atlantic) Oil & Gas, an Atlantic Margin-focused oil and gas exploration company, has moved forward in the process of formalizing the operatorship of the recently acquired block offshore South Africa.As announced in 2024, Eco has, through its wholly owned subsidiary Azinam South Africa…

Shell-Reliance-ONGC JV Complete India’s First Offshore Decom Project

May 05, 2025

The Panna-Mukta and Tapti (PMT) joint venture partners, consisting of Shell (through BGEPIL), Reliance Industries (RIL), and Oil and Natural Gas Corporation Limited (ONGC), have completed India's first offshore facilities decommissioning project…

Shell Reports 28% Profit Drop

May 02, 2025

Shell on Friday reported a 28% drop in first-quarter net profit to $5.58 billion, beating analyst expectations, and kept the pace of its share buyback programme steady amid falling oil prices and lower refining margins than last year.It said it would buy back $3…

Shell Wraps Up Acquisition of ConocoPhillips’ Stake in Ursa Platform

May 01, 2025

Shell Offshore and Shell Pipeline Company (SPLC), subsidiaries of Shell, have completed the previously announced agreement to increase their stake in the Ursa platform in the Gulf of America through the acquisition of working interest from ConocoPhillips…

CRP Subsea to Supply Well Equipment for Shell’s Whale Development

Apr 30, 2025

CRP Subsea, an AIS company, has secured a contract with Shell for the supply of crushable foam wrap (CFW) for the Whale deepwater development in the Gulf of America.The initial order is for one well-set, with additional orders for four more well-sets expected throughout 2025…

Noble Reports Strong Outlook, New Contracts

Apr 28, 2025

Noble Corporation has reported that its contract drilling services revenue for the first quarter of 2025 totaled $832 million compared to $882 million in the fourth quarter of 2024, with the sequential decrease driven primarily by the benefit…

MODEC, Sumitomo Partner Up for Delivery of Gato do Mato FPSO

Apr 28, 2025

MODEC has executed a contract with Sumitomo Heavy Industries for the delivery of Gato do Mato floating production, storage and offloading (FPSO) unit for Shell, which will be deployed offshore Brazil.MODEC and Sumitomo Heavy Industries signed…

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