Shell Russia News

Cenosco and MaxGrip Partnership Set to Boost Asset Integrity Management

Feb 01, 2024

Cenosco, a provider of asset integrity software, and MaxGrip, a consultancy firm specializing in asset performance management, have teamed up to boost their asset integrity management capabilities.The partnership brings together two companies…

Google Signs PPAs for 478MW of Offshore Wind Power

Feb 01, 2024

Google has signed power purchase agreements (PPAs) with Shell and with Eneco, owners of the Crosswind and Ecowende joint ventures, for 478 MW of carbon-free energy from two Dutch offshore wind farms - Hollandse Kust Noord and Hollandse Kust (west) lot VI…

Argeo Searcher Set to Sail to Indian Ocean after Shell’s Nigeria Task

Jan 22, 2024

Oslo-listed offshore service company Argeo has informed that its DP2 vessel Argeo Searcher completed the deepwater inspection services at Shell’s Bonga field, and is scheduled to set sail to Indian Ocean for a job with India’s National Centre for Polar and Ocean Research (NCPOR)…

BP Beats Q4 Profit Forecast, Increases Share Buybacks

Feb 06, 2024

BP reported on Tuesday fourth-quarter earnings of $3 billion, exceeding forecasts thanks to strong gas trading, as the energy company increased the pace of its share repurchases.The quarterly results lifted the energy giant's 2023 profit to $13…

Shell Makes FID for Victory Gas Field in North Sea

Jan 17, 2024

Shell has taken a final investment decision (FID) on the Victory gas field in the UK North Sea, approximately 47 km north-west of the Shetland Islands.Once onstream, the field will help to maintain domestically produced gas for Britain’s homes…

Shell Halts All Red Sea Shipments

Jan 17, 2024

British oil major Shell suspended all shipments through the Red Sea indefinitely after U.S. and U.K. strikes on Yemen's Houthi rebels triggered fears of further escalation, the Wall Street Journal reported, on Tuesday, citing people familiar with the decision…

Chevron Profit Sinks as Earnings from Oil Production Tumble

Feb 05, 2024

Chevron on Friday beat analysts' earnings estimates and increased dividends on higher oil and gas production, after a year of sharply lower profits on missteps and charges.Shares were up 2% in morning trading after the company beat analysts'…

Petronas Awards Seven New PSCs for Six Offshore Blocks in Malaysia

Jan 23, 2024

Malaysia’s Petronas has awarded Production Sharing Contracts (PSCs) for six exploration blocks and one Discovered Resource Opportunities (DRO) cluster under the Malaysia Bid Round 2023.The awards are expected to garner more than $275 million (RM 1…

Orsted's Strategic Shake-up Has Investors Worried

Feb 02, 2024

Orsted is expected to trim investment plans and cut dividends on Wednesday as it presents a new strategy but investors are worried that the Danish renewable energy firm may want to raise new capital to stick to its ambitious targets.Once a green investor darling…

Stena Drilling Takes Delivery of Stena Evolution Drillship

Jan 17, 2024

Offshore drilling contractor Stena Drilling has taken delivery of its 7th generation Stena Evolution ultra-deepwater drillship from Samsung Heavy Industries.After a decade in the making, Stena Evolution drillship has finally been completed and is ready for its first job…

CGG Pens Multi-Client Reimaging Deal with Trinidad and Tobago

Jan 24, 2024

France-based marine seismic data firm CGG has signed an agreement with the Ministry of Energy and Energy Industries of Trinidad and Tobago to reimage vintage 3D seismic data from four deepwater offshore blocks.CGG’s work scope will cover blocks 25a…

UK Offers 24 More North Sea Oil and Gas Licenses

Feb 01, 2024

The North Sea Transition Authority (NSTA) has offered 24 licenses in the second tranche of the U.K.’s 33rd oil and gas licensing round for 17 separate companies among which are Shell, Equinor, BP, TotalEnergies and NEO.On January 31, 2024, NSTA…

Magnora Separates FPSO from Renewables Business

Jan 19, 2024

Oslo-listed company Magnora has decided to separate its legacy business, the divested segment related to floating production storage and offloading (FPSO) units for oil and gas industry, from its renewables business, with significant activity in the offshore wind industry…

QatarEnergy Stops Red Sea LNG Shipping Due to Attacks

Jan 15, 2024

QatarEnergy, the world's second largest exporter of liquefied natural gas, has stopped sending tankers via the Red Sea although production continues, a senior source with direct knowledge of the matter told Reuters on Monday.Yemen's Iran-backed…

Wagenborg Installs Shore Power Connection on Kroonborg Vessel

Jan 19, 2024

Wagenborg Offshore has installed and commissioned a shore connection system on the Kroonborg walk-to-work (W2W) vessel in collaboration with NAM/Shell UK, and the support of Dutch province of North Holland.The shore power system was developed and engineered by Dutch company Eekels Technology…

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