Shell News

Shell, Petronas Carigali, Petros Get Hold of Offshore Block in Sarawak, Malaysia

Jul 28, 2021

Malaysia's Petronas has awarded Block SK437 offshore Sarawak, Malaysia to Petronas Carigali, Sarawak Shell Berhad, Petroleum Sarawak Berhad (Petros).Block SK437 is located to the southwest of the prolific Central Luconia province, measuring 2…

ICR to Deliver Services for All Shell's UKCS Assets

Jul 14, 2021

ICR Integrity (ICR), an industrial maintenance and integrity company, has won a three-year contract with Shell UK.Under the contract, which includes extension options, ICR will provide its Technowrap engineered composite repairs, as well as Quickflange weldless connectors…

Shell to Supply PetroChina with Carbon Neutral LNG

Jul 12, 2021

Oil major Shell has signed a five-year contract with PetroChina to supply the Chinese company with carbon-neutral liquefied natural gas (LNG) cargos, Shell said on Monday.Many companies, particularly those in the fossil fuel industry are using…

Equinor, Shell, Neptune Extend with Bristow in Norway

Jul 12, 2021

Offshore helicopter operator Bristow on Monday said it had secured separate two-year contract extensions through April 2024 with Equinor, Shell, and Neptune.The company will support the oil firms' air transportation crew change needs for their operations in the Norwegian continental shelf…

Shell to Hike Shareholder Returns After Sharp Rise in Oil Price

Jul 07, 2021

Royal Dutch Shell on Wednesday said it would boost its returns to shareholders via share buybacks or dividends after a sharp rise in oil and gas prices helped it reduce debt.It will increase its distribution to shareholders to 20% to 30% of cash flow from operations beginning in the second quarter…

Shell to Deepen Emission Cuts After Court Ruling, But Plans to Appeal the Decision

Jun 09, 2021

Royal Dutch Shell will seek ways to accelerate its energy transition strategy and deepen carbon emission cuts following a landmark Dutch court ruling last month, CEO Ben van Beurden said on Wednesday, a move that will likely lead to a dramatic shrinking of its oil and gas business…

Shell Books Floatel's Accommodation Rig for Malampaya Work

May 26, 2021

Oil major Shell has chartered an offshore accommodation rig from the Swedish company Floatel for work in the Philippines.Floatel said Tuesday that Shell Philippines Exploration had awarded it a contract for the Floatel Triumph accommodation unit…

Landmark Ruling: Dutch Court Orders Shell to Deepen Carbon Cuts

May 26, 2021

A Dutch court on Wednesday ordered Royal Dutch Shell to significantly deepen its planned greenhouse gas emission cuts, in a landmark ruling that could pave the way for legal action against energy firms around the world.At a courtroom in The Hague…

Shell Shareholders Support Energy Transition Plan, Increase Pressure for Further Climate Action

May 18, 2021

Royal Dutch Shell shareholders overwhelmingly backed the company's energy transition strategy on Tuesday, but increased support for a second climate resolution filed by an activist group pointed to growing pressure to tackle climate change.A…

Dayang to Maintain Topsides of Shell's Platforms in Malaysia

May 11, 2021

Malaysia's Dayang Enterprise has won a contract with Shell's Malaysian subsidiaries for the provision of topside maintenance services offshore Malaysia.Dayang said Monday that the contract value would depend on orders issued by Shell throughout the contract duration…

Shell, Aegir Insights in Offshore Wind Collab

Jun 04, 2021

Denmark-based Aegir Insights, an offshore wind investment analytics company, has announced a partnership with Shell, where Aegir Insights will provide data-driven analytics and intelligence to help Shell's offshore wind business development…

Shell Raises Its Dividend as Profits Surge

Apr 29, 2021

Royal Dutch Shell's profits leapt to $3.23 billion in the first three months of the year and the energy company raised its dividend as planned but warned that the outlook remained uncertain due to the coronavirus pandemic.Shell's adjusted earnings were above an average analyst forecast of $3…

Shell Makes 'Significant' Discovery in Deepwater Gulf of Mexico

May 11, 2021

Oil major Shell has made a significant discovery at the Leopard prospect in the deepwater U.S. Gulf of Mexico,  some 245 miles (394 km)  south-southeast of Houston.According to Shell, the Leopard well encountered more than 600 feet (183 meters) net oil pay at multiple levels…

The Philippines: Shell to Sell Malampaya Field Stake to Udenna for up to $460M

May 20, 2021

Oil and gas giant Shell has struck a deal to sell its subsidiary Shell Philippines Exploration B.V. (SPEX) to Udenna Corp's subsidiary Malampaya Energy XP.SPEX holds a 45% operating interest in Service Contract 38 (SC38), which includes the producing Malampaya gas field…

Maersk Training, Shell in Gulf of Mexico Offshore Training Team-up

May 04, 2021

The Shell Robert Training and Conference Center in Louisiana has established a new partnership with Maersk Training, to deliver 'enhanced ' training to the Gulf of Mexico offshore workforce.The agreement will combine the infrastructure and training…

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