Wood Group considers revisions to Shell contract proposals
Wood Group has said it is considering revisions to the terms and conditions proposed for employees working on Shell platforms in the North Sea.
Wood Group has said it is considering revisions to the terms and conditions proposed for employees working on Shell platforms in the North Sea.
Two shareholder-advisory firms recommended investors vote against the Royal Dutch Shell Plc Chief Executive Officer Ben Van Beurden’s pay, saying his bonus is “excessive.” A third adviser said shareholders should give “qualified support.”
A representative of the native American Houma Nation Council will attend Shell’s annual general meeting next week to call on the board and investors to put an end to new offshore leases in the Gulf of Mexico.
Shell and the US Coast Guard have agreed to conclude skimming operations in their joint response to oil spill at the Glider field in the Gulf of Mexico.
Shell has launched a recovery operation after 2,000 barrels of oil spilled into the Gulf of Mexico.
San Leon Energy is aiming to raise at least $200million through a share placing priced at a significant premium in order to fund the acquisition of an indirect interest in a producing oilfield in Nigeria.
Radical militant group the Niger Delta Avengers has warned it will step up attacks unless oil firms left the region within two weeks.
A 2,100-barrel oil spill in the US Gulf of Mexico forced Shell to shut in all wells that flow to its Brutus platform.
Oil major Shell has reportedly given up on all but one of its offshore leases in the Chukchi Sea, less than a year after it ditched Arctic drilling plans.
At least a fifth of Nigerian oil production, equivalent to almost 400,000 barrels a day, has been shut down as a pipeline closure added to disruptions caused by militant attacks.
Oil producers are evacuating workers from the Niger Delta because of the deteriorating security situation in Nigeria’s most-important oil producing region, a union official said.
Militants are increasingly targeting oil facilities in Nigeria with both Chevron and Shell assets coming under attack in recent days.
Union representatives have met Wood Group to discuss the proposed changes to pay and conditions proposed by the company last month.
Wood Group has been awarded a three year contract extending its support of Shell's eight UKCS offshore assets.
Big Oil is suddenly Big Chemical.
Shell's finance chief has refused to rule out further job losses in the North Sea as the oil giant announced its earnings had dropped by $4billion dollars in the first quarter of 2016.
ITM Power plans to open the first of five hydrogen refuelling stations in the UK next week as the company begins to roll-out its clean fuel stations.
Royal Dutch Shell’s first quarter 2016 earnings dropped to $0.8 billion compared with $4.8 billion for the same quarter a year ago.
Oil major Shell has cancelled all flights to its two fields in the Norwegian Sea.
Shell has received consent to use two subsea wells on the Draugen field in the Norwegian Sea.
Oil major Shell said it has completed the sale of Dansk Fuels in Denmark to Couche-Tard for $300million.
Oil major Shell said it has begun discussions with staff in Australia about job losses as part of plans to cut 10,000 roles globally.
Oil markets are signaling that prices have bottomed out even as growth in demand for crude is forecast to slow this year, according to a senior executive at Vitol Group, the world’s largest independent oil trader.
Shell has confirmed it will close the former BG Group’s offices in Aberdeen by the end of the year as it launched a voluntary redundancy scheme for UK staff.
Oil and gas consultancy Add Energy, has agreed a £3million enhanced global maintenance integrity and asset performance management agreement with Shell.