Shell scores third find off Namibia
The Deepsea Bollsta rig carried out the Jonker work. Shell said the semi-submersible would remain on PEL 39 to drill further exploration and appraisal wells.
Shell
‘Out of touch’: Activists hit out at Shell’s oversight role for North Sea transition
Activists have hit out at a Shell boss being given joint oversight with the regulator for the North Sea industry energy transition.
Shell would ‘think twice’ about investment in the UK
Shell (LON: SHEL) CEO Wael Sawan has warned that the US is more attractive for investment than the firm’s home base of the UK.
UK well-slot: Trio of wells in action in the North Sea
As of 24 February, Westwood Global Energy reports that there are two exploration wells, with one each in the NNS and SNS, and one appraisal well active in the CNS. Since the previous report, one exploration well has completed at Orlov.
Shell CEO says cutting oil and gas production is not healthy
Shell’s (LON: SHEL) new boss said cutting oil and gas output would be bad for consumers, echoing a pivot by other major producers toward fossil fuels and energy security.
Shell explored leaving Europe for US headquarters – report
Shell (LON: SHEL) considered moving its headquarters out of Europe and into the US, in a major blow to the City of London.
Pictures: Shell’s Penguins takes to the water in Haugesund
After a turbulent journey from China, Shell’s (LON: SHEL) first new manned vessel for the UK in three decades has hit the water in Haugesund, Norway.
Shell seeks ‘problem solver in chief’
Sawan chose to cut the size of the executive committee in January, from nine members to seven.
Shell extends Valaris rig for bargain price
Shell’s deepwater unit is using the rig for infill drilling around its Bonga FPSO.
Shell signs up for more Northwest African exploration
While work in C2 is just beginning, the MPME said Shell was planning to drill another licence in the coastal area before the end of 2023.
BP is the UK’s most Googled stock beating out Rolls Royce
A recent study has found that the UK’s most googled stock is the energy major BP (LON: BP), the firm was searched more than Rolls Royce (LON: RR).
Malaysia attracts more oil and gas investment as Petronas hosts stellar exploration round
Malaysia’s 2022 oil and gas bid round was a remarkable success, attracting fresh investment, new upstream explorers, as well as new ideas to the mix in Southeast Asia’s most successful market. Indeed, other Southeast Asian countries should take note as Malaysia also launched its 2023 round that will see more investors queuing up.
Supermajors look to ‘value over volume’ as upstream capex plummets
Despite record cash generation, supermajors are investing $100bn less in upstream capex than a decade ago as low-cost, low-emissions projects take priority.
Are my massive energy bills fuelling Centrica’s profits?
Centrica has followed much larger companies such as BP and Shell in reporting annual results for last year which broke previous records.
Aberdeen’s ETZ appoints NSTA and Shell bosses to board
ETZ Ltd has added a further two Aberdeen energy veterans to its board, ahead of what it says will be a “crucial period of delivery”.
Energean talks CCS in Egypt with Shell’s Idku plant
The company went on to say there may be opportunities in future to take emissions from other sources, such as fertiliser producers.
Shell fires up Vito, with Whale to follow
Where Vito has led, Shell’s Whale will follow. The company reached FID on Whale in 2021 and it is due to begin producing in 2024.
New Shell office puts Aberdeen cafes on high alert as 1,000 potential customers flood in
As 1,000 Shell employees start moving into their new office on Aberdeen’s Union Street this week, local cafes and restaurants are rolling out the red carpet.
Shell: European demand, US supply to drive LNG market
More investments in liquefaction is needed to head off a supply-demand gap that the company sees emerging in the late 2020s. Last year, the company put this supply-demand gap opening up by mid-decade.
Sweet 16: The key North Sea projects due to come onstream before 2027
A host of major oil and gas projects dotted around the North Sea are due to start-up production in the next few years.
Bechtel to decarbonise Shell’s Idku under unified power plan
The agreement follows a memorandum of understanding (MoU) signed at the same conference in 2022.
From love letters to relationship advice, activists share the love this Valentine’s Day
The 14th of February is all about sharing the love and letting those closest to you know how you feel, and activist groups have not held back in sharing their views this Valentine's Day.
Activists disembark Shell Penguins FPSO as vessel arrives in Norway
Activists from the climate group Greenpeace have left the Shell (LON: SHEL) Penguins FPSO after almost a fortnight onboard.
Shell board hit with investor lawsuit over lack of climate ambition
Shell (LON: SHEL) faces a new front in climate litigation as a group of frustrated shareholders launch a lawsuit against the oil giant’s board in the UK.
Shell Pensacola discovery opens ‘new play fairway’ in North Sea
The largest discovery in a decade for the region will now open up more than a dozen other prospects in the Southern North Sea.