Shell Russia News

First Oil from Shell's Bonga North Tranche 1 in 2027/2028

May 09, 2024

Oil major Shell expects first oil from its Bonga North Tranche 1 project off the coast of Nigeria in 2027/2028 and 'there are opportunities get that stream on earlier,' a Shell executive said on Thursday.Elohor Aiboni, a managing director at Shell Nigeria…

Petrobras Welcomes Mero Field FPSO in Brazil

May 28, 2024

The floating production storage and offloading (FPSO) unit Marechal Duque De Caxias has set off to Petrobras’ Mero field in the pre-salt Santos Basin, after arriving to Brazil from MISC Berhad shipyard in China.The Marechal Duque de Caxias can produce up to 180…

BP, EOG Resources in Talks to Jointly Develop Trinidad Gas Field

May 27, 2024

Oil major BP and U.S. shale producer EOG Resources are in discussions to jointly develop a natural gas field off the coast of Trinidad and Tobago, the British company said.The field holds just under 1 trillion cubic feet (tcf) of natural gas…

Petrobras Makes FID to Advance Two Oil Projects Offshore Brazil

May 27, 2024

Petrobras, together with its partners, has made the final investment decision (FID) for the second development phase of Atapu and Sépia fields, located in the prolific pre-salt Santos Basin, offshore Brazil.The Atapu field has been producing…

North Sea Energy Firms Look Beyond UK After Tax Squeeze

May 20, 2024

North Sea oil and gas producers are merging and shifting overseas as Britain's windfall tax slashes profits and as the opposition Labour Party threatens more tax if it wins the next general election.The change of strategy could accelerate the decline of domestic production…

Shell Smashes Forecasts With $7.7 Billion Quarterly Profit

May 02, 2024

Shell reported first-quarter profit of $7.7 billion on Thursday, exceeding expectations as disruption to Red Sea shipping and Russian refining boosted oil trading and liquefied natural gas production rose.The company said it will buy back a further $3…

BOEM Issues Final EIS for Two Wind Projects Offshore New Jersey

May 24, 2024

The Bureau of Ocean Energy Management (BOEM) has released the final Environmental Impact Statement (EIS) for two wind energy projects offshore New Jersey, being developed by Atlantic Shores – a joint venture between Shell and EDF.If approved…

Ocean Winds Releases Report on Safe UXO Disposal at UK Offshore Wind Farm

May 24, 2024

Ocean Winds, a joint venture between EDP Renewables and ENGIE, has published a report on environmentally safe and predictable UXO disposal at its Moray West offshore wind farm.The report demonstrates how the “low-order deflagration” method for…

DNO Completes Acquisition of Stake in UK’s Arran Field

May 16, 2024

DNO, the Norwegian oil and gas operator, has completed the acquisition of a 25% interest in the Arran field on the UK Continental Shelf from ONE-Dyas E&P.The field is operated by Shell UK (44.57%) and was brought on stream in 2021 as a subsea tie-back to the Shell-operated Shearwater A platform…

Vestas to Pilot Sustainable Aviation Fuel at Baltic Eagle Offshore Wind Farm

May 23, 2024

Danish offshore wind turbine maker Vestas will test the use of sustainable aviation fuel (SAF) for helicopters transporting technicians and jack-up vessel crew at the Baltic Eagle Wind Farm in the Baltic Sea.The helicopters will be partly powered…

Atlantic Shores Picks Onshore Cabling Contractor for NJ Offshore Wind Project

May 23, 2024

Atlantic Shores Offshore Wind, a 50-50 partnership between Shell and EDF, has selected Creamer-Jingoli to engineer and design the full onshore underground cable route for Atlantic Shores Project 1, New Jersey’s first offshore wind project.Creamer…

Equinor and Partners Invest Over $1.1B in Troll Gas Field’s New Infrastructure

May 24, 2024

Equinor and the Troll partners have decided to invest just over $1.13 billion (NOK 12 billion) to further develop the gas infrastructure in the Troll West gas province, offshore Norway.Equinor said the investment would accelerate production…

Tanzanian LNG Project Delayed as Government Seeks to Change Terms

May 06, 2024

Negotiations for the development of Tanzania's $42 billion liquefied natural gas export plant have been delayed by proposed government changes to a financial agreement reached last year, a government spokesperson and two company sources said…

OPT’s Wave-Powered Tech Nears 15MWh of Renewable Energy Production

May 14, 2024

U.S.-based marine power, data, and services company Ocean Power Technologies (OPT) is approaching 15MWh of renewable energy production from its family of PowerBuoys, which primarily exploit wave energy to generate power.The recent launch of…

Chinese Companies to Explore Iraq Oil and Gas Fields

May 12, 2024

Chinese companies won bids to explore five Iraqi oil and gas fields on Saturday in a licensing round for hydrocarbon exploration that was primarily aimed at ramping up gas production for domestic use.An Iraqi Kurdish company also took two of…

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