Shell News

Shell Eyes Return to Libya

Nov 30, 2021

Royal Dutch Shell is considering a return to Libya with a plan to develop new oil and gas fields and infrastructure, as well as a solar project, two sources said, a decade after exiting the North African country because of unrest.The plan, details of which were seen by Reuters…

UK North Sea's Oil and Gas Future Darkens after Shell's Cambo Exit

Dec 06, 2021

Up until a few days ago, the leadership of British North Sea producer Siccar Point was negotiating the sale of a stake in the promising Cambo oil development to another private equity-backed company, NEO, sources told Reuters.But on Thursday Royal Dutch Shell…

Regulator Orders Shell to Keep Prelude FLNG Output Shut Until it Can Prove It Is Safe

Dec 24, 2021

Australian oil and gas industry safety regulator NOPSEMA has ordered Shell to keep the giant Prelude FLNG facility off W. Australia shut until it can convince the regulator that it can keep the facility properly powered and that the safety systems are operational…

Shell Makes 'Material' Deepwater Oil Discovery in U.S. Gulf of Mexico

Dec 10, 2021

Oil major Shell has this week announced 'a material' discovery at the Blacktip North prospect in the U.S. Gulf of Mexico, ~220 miles SSE of Houston. Blacktip North is located in OCS block Alaminos Canyon (AC) 336, approximately 4.5 miles northeast of the recently appraised Blacktip discovery…

Shell Wins Court Case to Kick Off Seismic Surveys Offshore South Africa

Dec 03, 2021

A South African high court on Friday struck down an urgent application brought by environmentalists to stop oil major Royal Dutch Shell from starting seismic surveys to explore for petroleum systems off the eastern seaboard's popular Wild Coast…

Shell Ditches the Dutch, Seeks Move to London in Overhaul

Nov 15, 2021

Royal Dutch Shell said on Monday it would scrap its dual share structure and move its head office to Britain from the Netherlands, pushed away by Dutch taxes and facing climate pressure in court as the energy giant shifts from oil and gas.The company…

QatarEnergy Buys Into Shell's Offshore Blocks in Egyptian Red Sea

Dec 13, 2021

Qatari national oil and gas company QatarEnergy has agreed to buy working interests in two offshore exploration blocks on the Egyptian side of the Red Sea from Shell. QatarEnergy will hold a 17% working interest in Red Sea Blocks 3 and 4.Block…

UK North Sea: Shell Scraps Plans to Develop Cambo Oil Field

Dec 03, 2021

Royal Dutch Shell said on Thursday it had scrapped plans to develop the Cambo oil field in the British North Sea, which became a lightning rod for climate activists seeking to halt the development of new oil and gas resources.Following 'comprehensive screening' of the Cambo field…

Shell Shake-up Leaves Dutch Royally Hacked Off

Nov 15, 2021

Royal Dutch Shell's decision to move its corporate headquarters and tax base to London may win over shareholders but it has struck a blow to Dutch prestige.As the energy giant crosses the North Sea, it will shed 'Royal Dutch' from its name,…

Shell Joins Another Irish Floating Wind Project

Nov 18, 2021

Oil major Shell will acquire a 51% share of Simply Blue Group's Western Star venture, which seeks to develop a floating wind farm off the Clare coast in Ireland. The deal follows a similar arrangement earlier this year to jointly develop the…

Shell Gearing Up to Spud Jaws Well in North Sea

Nov 04, 2021

Oil major Shell is set to move the Valaris 122 jack-up drilling rig in the North Sea from the Shearwater field to the Jaws well site in preparation for drilling activities.This is according to Kingfisher Bulletin, a website that provides the…

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…

Shell Starts Production from Arran Offshore Field

Oct 21, 2021

Oil and gas giant Shell has started production from the Arran gas and condensate field in the UK North Sea.Shell's Arran development is part of the broader Central Graben Area Plan, and is developed as a tie-back via a new pipeline to Shell's Shearwater offshore platform…

Shell's Upstream Boss Moves to Gas and Renewables Division

Oct 15, 2021

Royal Dutch Shell has appointed Wael Sawan as head of its integrated gas and renewables division, replacing Maarten Wetselaar who will leave the energy company after 25 years.Sawan currently heads Shell's oil and gas production, or upstream…

Shell Sets Tougher Climate Targets, Q3 Income Below Expectations

Oct 28, 2021

Royal Dutch Shell set itself tougher emissions-cutting targets on Thursday, even as it reported a lower-than-expected third-quarter profit of $4.13 billion.The oil major said it would cut absolute emissions from its operations and the electricity it uses…

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