Shell Russia News

Nord Stream 1 Pipeline Flows at Zero after Glitch on Metering Service

Oct 21, 2022

Tiny amounts of gas that briefly appeared in the Russian Nord Stream 1 pipeline earlier on Wednesday, weeks after it was ruptured in the Baltic Sea, were down to a glitch in the flow metering service, the operator said. Gas flows were at 102…

Ithaca Energy Breathes Life into UK Stock Market as Bookrunners Eye $3.6B Listing

Nov 02, 2022

Ithaca Energy's London listing will be priced at 250 to 310 pence, giving the North Sea oil and gas producer an implied market value of 2.5 billion to 3.1 billion pounds ($2.87 billion to $3.56 billion), bookrunners said on Wednesday. Ithaca…

Ruptured Nord Stream 1 Pipeline Briefly Appears to Carry Tiny Amount of Gas - data

Oct 19, 2022

Tiny amounts of gas briefly appeared in the Russian Nord Stream 1 pipeline on Wednesday, website data showed, weeks after it was ruptured in the Baltic Sea by what investigating teams said was suspected sabotage caused by explosions. Gas flows…

Protecting Norway's Gas Exports Against Sabotage a Top Priority, Says Security Official

Oct 21, 2022

Protecting Norway's gas exports to Europe against sabotage is a top priority for the country's authorities, a senior security official told Reuters, including helping oil firms protect themselves against Russian attempts to gather intelligence…

Russia Needs Permission for Its Ships to Inspect Nord Stream Damage - Novak

Oct 14, 2022

Russia needs permission for its vessels to conduct investigations into explosions that damaged Nord Stream pipelines in the Baltic Sea, Deputy Prime Minister Alexander Novak said on Friday. He did not specify who should grant the permission…

Technip Energies to Leave Arctic LNG 2 Project in H1 2023

Oct 20, 2022

Technip Energies TE.PA expects to fully exit the liquefied natural gas project (LNG) Arctic LNG 2 led by Moscow-listed gas producer Novatek next year, the French oil and gas services provider said on Thursday.The group, which said in March it was renouncing new business opportunities in Russia…

Halliburton's Profit Rises as Higher Oil Prices Spark Demand for Its Services

Oct 25, 2022

Halliburton Co posted a rise in profit for the third quarter on Tuesday, wrapping up an upbeat earnings season from the world's top oilfield services providers on strong demand fueled by higher oil prices. Brent crude averaged $98.96 a barrel during the third quarter…

ABB's Shaft Generator System for Northern Lights CO2 Carriers

Oct 31, 2022

ABB will deliver the shaft generator system with permanent magnet technology for the first dedicated CO2-storage vessels ever to be built. The vessels will be constructed by the Chinese shipbuilder Dalian Shipbuilding Industry Company (DSIC)…

Russia Says Several Arrested in Foiled Attack on TurkStream Pipeline

Oct 13, 2022

The Kremlin said on Thursday that several people had been arrested during a foiled attack on the TurkStream gas pipeline on Russian territory, Interfax news agency reported. Russia has said it is stepping up security on the TurkStream pipeline…

TotalEnergies, Petronas Carigali, and Shell Sign PSC for Ultra-deepwater Offshore Block in Malaysia

Oct 13, 2022

Malaysia's Petronas has signed a Production Sharing Contract (PSC) with TotalEnergies, Petronas Carigali, and Shell for Block 2K, an ultra-deepwater block off the coast of Sabah, Malaysia.According to Petronas, Block SB 2K, with a depth of up to 3…

Shell Orders Solar-powered Offshore Platform from Malaysia's MMHE

Oct 11, 2022

Malaysia Marine and Heavy Engineering (MMHE) has secured a contract from Shell in Malaysia for the engineering, procurement and construction (EPC) services of the offshore platform for the Rosmari-Marjoram gas project. The project is located off the coast of Sarawak…

Exxon's Russian Oil Output Collapsed after Rejecting Local Tanker Insurance

Oct 17, 2022

Oil output at the giant Exxon-led Sakhalin-1 Russian Pacific project collapsed following the U.S. major's refusal to accept local insurance for tankers after Western insurers pulled out due to sanctions, several industry sources told Reuters…

FACTBOX- Germany's LNG Import Project Plans

Oct 26, 2022

Germany is acquiring liquefied natural gas (LNG) terminals as part of its efforts to diversify away from Russian gas.It leased four floating storage and regasification units (FSRUs) in May, capable of importing at least 5 billion cubic meters (bcm) of seaborne gas per year each…

Qatar Wants to Speed Up Development of Namibia Offshore Oil Discoveries

Oct 11, 2022

The head of QatarEnergy, who is also Qatar's energy minister, said on Monday the company wants to speed up the development of two oil wells it discovered off the Namibian coast with joint venture partners earlier this year.Saad al-Kaabi said…

Putin: Russia Could Redirect Nord Stream Supplies to Black Sea, and Create Gas Hub in Turkey

Oct 13, 2022

President Vladimir Putin said on Wednesday that Russia could redirect supplies intended for the damaged Nord Stream pipelines to the Black Sea to create a European gas hub in Turkey, or even use the one intact part of Nord Stream 2 to supply the EU…

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