Shell News

Drone Specialist Cyberhawk Lands 5-Year Deal with Shell

Jun 22, 2020

Drone-based inspection company Cyberhawk has said it has signed a five-year, multimillion-dollar software contract with oil giant Shell.Under the contract, Cyberhawk will provide its cloud-based asset visualization software iHawk for all onshore…

Shell Taps Danos for U.S. Gulf of Mexico Workforce

Jun 25, 2020

U.S. oilfield services provider Danos has won a contract with Shell to provide a production workforce across Shell production assets in the Gulf of Mexico.The assets to be covered by the agreement include Appomattox, Auger, Enchilada, Salsa…

Report: Shell Selling Norwegian Fields, Pipelines stakes

Jun 12, 2020

Royal Dutch Shell has launched the sale of its stakes in two oilfields and two pipelines in Norway, according to a sales document seen by Reuters.Shell is selling its 6.45% interest in the Kvitebjorn field and pipeline and its 3.225% interest in the Valemon Unit and Valemon Rich Gas Pipeline…

Shell Cuts Dividend for First Time Since World War Two

Apr 30, 2020

Royal Dutch Shell cut its dividend for the first time since World War Two on Thursday as the energy company retrenched in the face of an unprecedented drop in oil demand due to the coronavirus pandemic.Shell also suspended the next tranche of…

Shell Wins $340M+ in Gumusut Kakap Arbitration

Apr 13, 2020

Shell's Malaysian subsidiary Sabah Shell Petroleum Company has been awarded more than $340 million in an arbitration related to the Gumusut Kakap floating production platform offshore Malaysia.Back in late 2012, Shell signed a contract for construction and lease of the Gumusut Kakap FPS with GKL…

Shell Offers Mars Sour Crude Storage as Offshore Producers Keep Pumping

May 08, 2020

Shell Midstream Partners said on Thursday it is offering storage in its Mars Sour crude cavern on the U.S. Gulf Coast, as offshore producers are not cutting output like onshore shale drillers despite the oil price downturn caused by the coronavirus pandemic…

Shell Sets Oil Sector's Broadest Carbon Reduction Plans

Apr 16, 2020

Royal Dutch Shell on Thursday deepened its ambition to battle climate change, setting the oil and gas sector's broadest plan to reduce greenhouse gas emissions to net-zero by 2050.The new climate goals put the Anglo-Dutch company - at least on paper - ahead of the most progressive of its rivals…

Shell Delays Decisions on GoM, North Sea Projects

Apr 22, 2020

Royal Dutch Shell has postponed decisions on whether to go ahead with two large oil and gas developments in the Gulf of Mexico and North Sea after oil prices collapsed due to the coronavirus crisis, a company source said on Wednesday.The Anglo…

SEC Drops Probe into Shell's Offshore Nigeria Deal

Apr 24, 2020

The U.S. Securities and Exchange Commission has dropped its inquiry into Royal Dutch Shell's 2011 acquisition of an offshore oil block in Nigeria, the Anglo-Dutch company said on Thursday.'The SEC has notified us that it has closed its inquiry into Shell in relation to OPL 245…

Australia: Shell Postpones Crux Project FID

Apr 07, 2020

Royal Dutch Shell said on Tuesday its Australian unit and joint venture partners had decided to delay a final investment decision (FID) on the Crux gas project in offshore Australia that was initially planned for 2020.The Crux project is one…

Shell's Jack-Up Rig of the Year Award Goes to Maersk Convincer

Feb 28, 2020

Shell has chosen Maersk Convincer as Jack-up Rig of the Year 2019, recognizing the rig’s successful operation offshore Brunei, Maersk Drilling, the owner of the rig said Friday.Maersk Convincer arrived in Brunei In September 2017 to continue operations for Brunei Shell Petroleum…

Malaysia: Uzma in Offshore P&A Gig with Shell

Mar 04, 2020

Malaysian energy services firm Uzma has a contract with Shell for plugging and abandonment work offshore Malaysia.Under the letter of award signed with Shell's subsidiaries in Malaysia, Uzma will provide platform wells plug and abandonment campaign…

Shell/Exxon JV to Drill for Oil Off Somalia

Mar 03, 2020

Somalia has agreed an initial roadmap with a Shell/Exxon joint venture to explore and develop potential offshore oil and gas reserves, the Ministry of Petroleum and Mineral Resources said on Monday.'I am delighted we have agreed an initial roadmap with the Shell/Exxon joint venture…

Shell Orders Deep Down Equipment for Whale Development

Feb 20, 2020

Deep Down, a U.S.-based subsea oil and gas equipment supplier, has received an order from Shell for a delivery related to Shell's Whale development in the U.S. Gulf of Mexico.Under the contract with Shell, Deep Down will design, engineer and…

Shell, i-Tech 7 Team Up to Speed Up Subsea Digitalization

Feb 18, 2020

Subsea 7’s Life of Field business unit i-Tech 7 has partnered up with Shell in a technology agreement aimed at speed up subsea digitalization, initially for a period of five years from the fourth quarter of 2019.The agreement, i-Tech said Tuesday…

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