Shell News

Shell Deepwater Picks Bentley Systems' Digital Twin Solutions

Oct 16, 2020

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…

Shell, Microsoft in Alliance to Cut Carbon Emissions

Sep 23, 2020

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…

The Philippines: Shell Looking to Sell Malampaya Stake

Sep 24, 2020

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…

Shell Working to Turn Around Troubled Australian Operations

Sep 15, 2020

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…

Prosafe, Shell Agree New Terms for Safe Zephyrus Flotel Charter

Sep 03, 2020

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…

Shell to Speed Up Seismic Interpretation with Deep Learning Tech

Aug 31, 2020

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 Blast Shell's Brent Decom Plan

Aug 26, 2020

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 Asks for Eni, Shell to Pay $1,1B in Offshore Oil Bribery Case

Sep 09, 2020

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…

Dayang to Maintain Shell's Platform Topsides in Malaysia

Aug 18, 2020

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…

Shell Taps Kongsberg for Cloud-Based Digital Twin Services

Aug 28, 2020

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…

Akselos Deploys Structural Digital Twin on Shell's Bonga FPSO

Sep 01, 2020

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…

Shell Takes $16.8B Impairment

Jul 30, 2020

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 Seek Jail Time for Eni, Shell Execs over Nigeria Bribery Case

Jul 22, 2020

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…

Shell to Write Down $22B in Wake of Coronavirus

Jun 30, 2020

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…

NHV Helicopters for Shell, NAM North Sea Crews

Jul 01, 2020

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…

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