Drilling contractor Noble Corp. is relocating its drillship Noble Discoverer to Singapore where it will be stacked after Shell terminated its contract on the rig. Shell had been using the Noble Discoverer for its failed arctic exploration in the Chukchi Sea alongside the Polar Pioneer…
Shell has cleared the final regulatory approval for its US$70 billion acquisition of BG Group, after receiving 'unconditional merger clearance' from the Chinese Ministry of Commerce (MOFCOM). This approval from China is the final regulatory…
Shell made a “major discovery” at its Kaikias well that could possibly surpass 100 MMboe, in the deepwater Gulf of Mexico. Map of the Mars-Ursa basin. From Shell. Kaikias is located about 60mi south of Louisiana…
Shell's US$70 million BG Group merger deal has finally been approved by the Australia's Foreign Investment Review Board. The move had been delayed from mid-September to November by the Australian Australian Competition and Consumer Commission…
The US$70 billion Shell and BG Group mega merger received antitrust clearance from the Australian Competition and Consumer Commission (ACCC). Image from Shell. This leaves the…
The Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) granted Shell Canada the approval to begin its Shelburne Basin Venture Exploration Drilling Project, offshore Nova Scotia. The Stena IceMAX…
Shell is ceasing further exploration offshore Alaska after the company's Burger J prospect failed to prove oil, resulting in a multi billion dollar write-down. The Transocean Polar Pioneer “Shell…
The Australian Competition & Consumer Commission (ACCC) has pushed back its deadline to make a decision on Shell’s US$70 billion bid for BG Group. The ACCC says the deadline, initially set to September 17, before being delayed until November 12…
The US$70 billion Shell and BG Group merger is being delayed until November 2015 by the Australian Competition and Consumer Commission (ACCC) after a warning that the billion dollar takeover could increase Australian gas prices, plus limit domestic gas supplies…
Arctic drilling has made headlines since the announcement of Shell’s 2015 summer drilling campaign. Paired with the low oil prices due to a surplus of supply, many people wonder why we even need to drill in the Arctic when there is so much oil right now…
Shell started production from the Bonga Phase 3 project offshore Nigeria, with expected peak production to hit about 50,000 boe/d. Image of the Bonga project. From Shell Flickr. Bonga…
Shell Malaysia announced it will lay off 1300 out of 6500 positions in its upstream division over the next two years. Gumusut-Kakap. Image from Shell. It is part of the company’s…
Shell disconnected the Noble Discoverer drillship from its anchors in the Chukchi Sea after weather temporarily put a halt to its Arctic operations over the weekend. The Noble Discoverer. From Shell Flickr…
FMC Technologies has received an award from Shell Offshore, Inc. (Shell) for its Appomattox deepwater development in the Gulf of Mexico. FMC Technologies will provide enhanced vertical deepwater trees, subsea manifolds, topside controls…
Shell and BG Group’s US$70 billion merger received the unconditional merger clearance from the European Union (EU), completing two of the five preconditions for the mega merger, Shell announced today (2 September). Image from Shell…
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