Shell’s Deepwater business has selected Bentley Systems' digital twin solutions to streamline its capital projects process and accelerate time to first oil.Bentley Systems said that Shell, with a plan to deliver several subsea tie-back projects over the next 10 years…
Oil and gas giant Shell, which has been increasingly getting involved in renewables, has said it has partnered up with tech giant Microsoft 'to support progress towards a world with net-zero emissions.'As part of the strategic agreement signed between the two companies…
Royal Dutch Shell PLC is looking to sell its 45% stake in the Malampaya gas-to-power project in the Philippines, a key power source for the country's main island of Luzon, its local unit said on Thursday.'As part of an ongoing portfolio rationalization…
Undaunted by hefty writedowns on its Australian gas assets, Royal Dutch Shell sees its liquefied natural gas business and 'new energy' acquisitions Down Under as core to its long term plans, the Australian unit's chairman said on Tuesday.As…
Offshore accommodation specialist Prosafe has agreed with Shell to defer and amend the charter deal for its DP3 Safe Zephyrus semi-submersible accommodation rig.The flotel company has been hit hard by COVID-19 related cancellations and contract delays in the past months…
Oil and gas giant Shell has tapped digital innovation specialist Bluware Corp for the supply of deep learning technology, which should speed up work with seismic data interpretation.Bluware Corp said it Monday it had deployed the Pickasso proprietary deep learning technology…
Greenpeace activists have launched a protest near Shell's Brent Charlie platform north-east of the Shetland Islands, criticizing the oil giant's decommissioning plan for the Brent oil and gas field, the field that gave name to the crude oil…
Nigeria asked a Milan court on Wednesday to order Eni and Royal Dutch Shell to pay $1.092 billion as an immediate advance payment for damages it is claiming in one of the oil industry's biggest-ever corruption trials.At a hearing into alleged…
Bursa Malaysia-listed offshore services company Dayang has won a contract with Shell in Malaysia for the provision of 'topside major maintenance services.'Dayang will provide the services for Shell's Malaysian subsidiaries Sarawak Shell and Sabah Shell Petroleum…
Norway's industrial tech solutions provider Kongsberg Digital has signed an enterprise framework agreement with Shell, for the supply of its digital twin software, across the oil and gas giant's upstream, integrated gas, downstream, and manufacturing business lines…
Swiss-based digital twin specialist Akselos has deployed structural Digital Twin for Shell’s Bonga Main FPSO, located 120km Southwest of the Niger Delta in Nigeria. The Digital Twin is a physics-based model of the asset, which represents its…
Royal Dutch Shell avoided its first quarterly loss in recent history, helped by a booming trading business, but announced nearly $17 billion in impairment charges reflecting a pessimistic outlook for oil and gas prices.Shell had warned last…
Italian prosecutors have asked for oil majors Eni and Shell to be fined and some of their present and former executives, including Eni CEO Claudio Descalzi, to be jailed in a long-running trial over alleged corruption in Nigeria.In one of the oil industry's biggest alleged scandals…
Royal Dutch Shell said on Tuesday it would write off assets worth up to $22 billion after the coronavirus crisis knocked oil and gas demand and weakened the energy price outlook.The impairments follow the Anglo-Dutch company's decision to shift…
Offshore helicopter transportation services provider NHV Group will fly Shell and NAM workers to North Sea facilities under a long-term contract starting Wednesday, July 1, 2020.Belgium-based helicopter company has won the three-year contract with Shell UK & NAM…