Shell News

Port of Lowestoft: Peterson Nets Integrated Logistics Deal with Shell

Feb 28, 2022

Energy industry logistics provider Peterson said Monday it had secured a new contract with Shell to provide supply base services from the Port of Lowestoft, in the UK.'The new contract follows the expiry of a 7-year-old contract and strengthens…

Shell Gets Approval to Drill at Ormen Lange Field

Jan 27, 2022

Shell's Norwegian subsidiary Norske Shell has received regulatory consent to drill an exploration well in the Norwegian Sea.The Petroleum Safety Authority said Wednesday that Shell would drill the well  6305/5-C-3 H in block 6305/5 in the Production License 209…

Shell's Head of Renewables Steps Down

Jan 28, 2022

Shell's head of renewable energies Elisabeth Brinton has stepped down less than two years after taking the reins of the business which the company seeks to rapidly grow as part of its strategy to reduce greenhouse gas emissions.Brinton, who joined Shell in 2018…

Shell Taps OCTIO for Geophysical Monitoring at Ormen Lange Field

Feb 04, 2022

OCTIO, as of recently a subsidiary of Reach Subsea, has secured a multi-year geophysical monitoring contract with Shell in Norway for the Ormen Lange offshore field. “OCTIO welcomes the opportunity to continue to support A/S Norske Shell at Ormen Lange…

Namibia Aims for First-ever Oil Output by 2026 after Shell Offshore Find

Feb 07, 2022

Namibia aims to fast-track the development of its first oilfield to have production by 2026 following a significant offshore discovery by Shell, a senior energy official told Reuters on Monday.Shell on Friday said the exploration well off the…

Royal Dutch No More: Shell Officially Changes Name

Jan 21, 2022

Shell officially changed its name on Friday, ditching 'Royal Dutch', which has been part of its identity since 1907, following plans to scrap its dual share structure and move its head office from the Netherlands to Britain.'Shell announced…

Shell Boosts Dividend, Buybacks as Profits Soar

Feb 03, 2022

Shell boosted its dividend and share repurchases on Thursday after its fourth-quarter profits soared to $6.4 billion on the back of higher oil and gas prices.Shell, which moved its headquarters from The Hague to London last month, said it expected…

Shell, UK Regulators Renew Talks on Jackdaw Offshore Field Development

Jan 21, 2022

Royal Dutch Shell and British regulators have revived talks on developing the Jackdaw gas field in the North Sea as the government struggles with soaring gas and power prices, company and industry sources said.In recent weeks, Secretary of State at the Department of Business…

Reuters: Shell Makes 'Significant' Oil and Gas Discovery Offshore Namibia

Jan 25, 2022

Shell has made a significant oil and gas discovery at a closely-watched offshore well in Namibia which could spark a wave of investment in the southern African country, three industry sources told Reuters.Namibia is not a fossil fuel producer…

Shell Seismic Survey Approval Complied with Rules, S.Africa Minister Says

Jan 13, 2022

Shell's plan for seismic testing on South Africa's Wild Coast, which critics say threatens dolphins, seals, whales, penguins and other rare sea life, received all necessary environmental approvals, the country's energy minister said in a letter to parliament…

ScotWind: Iberdrola's ScottishPower, Shell to Develop 5GW of Floating Wind Power in Scotland

Jan 17, 2022

ScottishPower, part of the Spanish renewables firm Iberdrola, and Shell have secured joint offers for seabed rights to develop large-scale floating wind farms as part of Crown Estate Scotland’s ScotWind leasing. The partners have won two sites…

Shell Greenlights $7B Shares Buyback 'At Pace' Despite LNG Woes

Jan 07, 2022

Royal Dutch Shell said it will pursue 'at pace' a $7 billion share buyback largely funded from the sale of its U.S. shale business as it faces liquefied natural gas (LNG) outages and slower fuel sales due to the economic hit from Omicron.Shares in Shell…

Sembcorp Marine Delivers Vito Floater to Shell

Jan 06, 2022

Singapore's Sembcorp Marine said Thursday it had completed the construction of the Vito floating production facility, bound for deployment in the U.S. Gulf of Mexico for Shell.The integration of Vito’s topside structure with its hull was executed by a pair of goliath cranes with 30…

S. Africa Court Stymies Shell Offshore Seismic Survey

Dec 28, 2021

A South African high court today blocked Shell from conducting seismic testing offshore from South Africa's pristine Wild Coast, in the latest ruling in a case seeking to prevent the oil major from exploring for oil and gas.On Dec. 3 a different…

Can We Still be Friends? Shell Sends Parting Note to Dutch Prime Minister

Dec 13, 2021

On the day that shareholders of Royal Dutch Shell PLC voted to move the company's headquarters to London from The Hague, the company sent a letter to the Dutch prime minister to soften the blow.Signed by Shell CEO Ben van Beurden, the letter…

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