Shell Russia News

Massive Strike Looms on UKCS as 1400 Offshore Workers Demand Better Deal on Jobs, Pay, and Conditions

Mar 20, 2023

Around 1400 offshore workers employed on the UK Continental Shelf (UKCS) platforms will take strike action in the next weeks, seeking better deal on jobs, pay, and conditions, workers' union Unite said Monday.According to Unite, platforms and…

Offshore Energy Industry's Best Celebrated at 2023 Offshore Achievement Awards

Mar 17, 2023

The winners of the 2023 Offshore Achievement Awards were revealed Thursday at the annual Offshore Achievement Awards dinner in Aberdeen.According to the organizers, around 400 guests celebrated the 'exceptional achievements and outstanding performance'…

Aibel Wins Contract for Completion of Shell's Penguins FPSO

Mar 07, 2023

Norwegian energy industry engineering and construction service firm Aibel has won a contract for tasks related to the completion of Shell’s Penguins floating production, storage, and offloading (FPSO) unit, which recently arrived in Norway.The Penguins FPSO…

BP CEO Looney's 2022 Pay More than Doubles to $12M

Mar 10, 2023

BP CEO Bernard Looney's 2022 pay packet more than doubled to around $12 million on the back of bumper profits amid spiraling energy prices, while BP's emissions were broadly unchanged, its annual report showed on Friday.BP reported a record profit of $28 billion for 2022 and hiked its dividend…

Lukoil-backed Congo Project to Start Producing LNG in December

Mar 20, 2023

A senior executive at Russia's Lukoil energy company said a project in the Congo in which it is involved would begin producing liquefied natural gas (LNG) in December, Russian news agencies reported. Lukoil Vice President Ivan Romanovsky said the initiative would produce around 600…

Petrobras, Shell to Look for Joint Offshore Drilling Opportunities

Mar 10, 2023

Brazilian state-run company Petrobras and international oil major Shell will work together to identify potential opportunities to explore for and produce crude and natural gas, Petrobras said on Thursday. Under a memorandum of understanding signed by the companies…

Putin Ally Accuses U.S., UK of Sowing Deception over Nord Stream Blasts

Mar 14, 2023

One of President Vladimir Putin's top allies said on Monday that the United States and Britain were sowing deceptions that a pro-Ukrainian group blew up the Nord Stream gas pipelines on the bed of the Baltic Sea last year.Last week the New York Times reported that intelligence reviewed by U…

NATO's Stoltenberg, EU's von der Leyen Travel to North Sea Platform

Mar 17, 2023

The heads of NATO and the European Commission flew on Friday to a North Sea platform bigger than the Eiffel Tower in a visit underlining Norway's importance for gas supplies since Russia's invasion of Ukraine.The Troll A platform extracts gas from Norway's biggest gas field…

Trinidad in Substantive Talks with Venezuela on Offshore Gas Project

Mar 10, 2023

Trinidad and Tobago has held substantive talks with Venezuela on developing the promising Dragon offshore gas field following a U.S. authorization to begin the long-stalled project, Energy Minister Stuart Young told Reuters on Thursday. Young…

Report: Russia to Mothball Damaged Nord Stream Gas Pipelines

Mar 06, 2023

Russia's ruptured undersea Nord Stream gas pipelines are set to be sealed up and mothballed as there are no immediate plans to repair or reactivate them, sources familiar with the plans have told Reuters.Nord Stream 1 and Nord Stream 2, each consisting of two pipes…

Tanzania, Equinor, and Shell Complete Negotiations for $30B LNG Terminal

Mar 07, 2023

Negotiations for the construction of a $30 billion liquefied natural gas (LNG) terminal between Tanzania, Norway's Equinor and Britain's Shell are complete and contract preparations are underway, Tanzania's energy ministry said.The development…

New Intelligence Points to Pro-Ukraine Group in Nord Stream Attack

Mar 07, 2023

New intelligence reviewed by U.S. officials suggests that a pro-Ukraine group - likely comprised of Ukrainians or Russians - attacked the Nord Stream gas pipelines in September, but there are no firm conclusions, the New York Times reported on Tuesday…

Deteriorated Bollard Caused Drillship Breakaway and Collision

Mar 16, 2023

A deteriorated bollard led to a Valaris drillship breaking away and colliding with a bulk carrier in Pascagoula, Miss. last year, the National Transportation Safety Board (NTSB) said Thursday.On March 12, 2022, the mobile offshore drilling unit…

Philippine Firm Targets New Gas Wells, Solar Investment

Mar 15, 2023

Philippine holding firm Prime Infrastructure Capital Inc aims to put new wells at the country's only major natural gas project into commercial operation in 2026, and is seeking other fields to ensure long-term output, its CEO told Reuters on Wednesday…

Nord Stream Owners Looking to Seal and Drain Damaged Gas Pipeline to Halt Corrosion

Mar 16, 2023

Shareholders of the Nord Stream 1 pipeline operator are discussing how to seal and empty the damaged gas pipeline to halt corrosion from sea water, said the chief financial officer of E.ON, one of the owners.The chief financial officer of E…

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