Esgian forecasting ‘offshore wind mega-mergers’ as Big Oil splashes cash
Oil and gas companies are expected to make their “deep pockets” count this year by buying up offshore wind companies.
Shell
The long arm of the law: North Sea assets as targets for protests
Located dozens of miles out to sea, it would stand to reason that oil and gas assets are unlikely targets for protestors – for the sake of convenience if nothing else.
Transgender offshore worker speaks out on government ‘weaponising’ gender reform bill
A transgender offshore worker has spoken out against the UK Government for “smoke and mirror” tactics in blocking the Scottish gender recognition reform legislation.
Equinor and partners find new gas in Norway
Equinor, alongside partners Wintershall Dea and Petoro, have made a commercial gas discovery of up to 69.2 million barrels of oil equivalent (BOE) in the Norwegian North Sea.
Shell, ExxonMobil, sign CCS study deal with CNOOC in China
Shell (LON:SHEL) has signed a Joint Study Agreement with CNOOC, Guangdong Provincial Development and Reform Commission, and ExxonMobil (NYSE:XOM) for the Daya Bay carbon capture and storage (CCS) hub project in China.
Shell’s troubled Prelude LNG project restarts again in Australia
The first liquefied natural gas (LNG) tanker to berth at Shell's (LON:SHEL) Prelude floating LNG (FLNG) project off Western Australia since it was shut down after a fire has started loading, Refinitiv data shows.
Shell signs up Stena Forth for Egypt drilling
Shell has contracted the Stena Forth for three wells offshore Egypt, following the rig’s recent success at the Nargis-1 exploration well for Chevron.
Inpex targets ramping up LNG output in tight market
Inpex, Japan's biggest oil and natural gas explorer, plans to accelerate its expansion of production and sales of liquefied natural gas (LNG) as it expects the LNG market will remain tight in the mid-term.
CCS: the 1,000-year challenge
Screening legacy wells can be more important than 3D seismic when picking storage areas, Elaine Campbell said. “They provide valuable data but they’re also likely to be the highest risk to containment,” the Storegga official said.
Centrica picks ex-Shell finance head as new group CFO
Centrica (LON: CNA) has announced the appointment of its new chief financial officer, alongside a trading update suggesting earnings will exceed the top end of analyst estimates.
Shell gas find ‘fantastic news’ for southern North Sea exploration
A gas find from Shell (LON: SHEL) and Deltic Energy (LON: DELT) could prove very positive for other players with exploration targets in the Southern North Sea.
Cambo: A year since Shell decided not to invest
Its more than a year since Shell (LON: SHEL) said it wouldn't invest in the Cambo oilfield, but as the project approaches a green light, the firm is weighing whether to stick or sell up its stake.
$16bn of oil and gas investment expected in Asia-Pacific in 2023
There's a $16bn project pipeline predicted for 2023 in Asia-Pac, but nearly a third are at high-risk of delay.
Shell signs up to Oman gas deals, eyes new hydrogen export option
The company signed a term sheet to buy LNG from Oman LNG for 10 years. The Omani project will provide Shell with 0.8 million tonnes per year, it said.
Shell finds gas at hotly-tipped North Sea well Pensacola
Partner Deltic Energy saw its share price rocket by 50% on the news.
Aberdeen students decide on career after ‘Girls in Energy’ event
Aberdeenshire students look to pursue a career in energy following the Girls in Energy course.
Penguins FPSO on course for North Sea arrival during Shell results
The Penguins FPSO is now well underway on its journey to the North Sea, with an estimated arrival in early February – just behind operator Shell’s (LON:SHEL) much anticipated Q4 results.
Shell expects $2bn hit from UK and EU windfall tax
Windfall tax measures in the UK and EU are expected to see Shell (LON: SHEL) take on a $2bn liability during Q4, the energy giant has said.
PGNiG secures rig for Tomcat well in 2024
Odfjell Drilling has booked further work for the Deepsea Yantai, with the Norwegian arm of PGNiG securing the unit to drill the Tomcat exploration well in mid-2024.
Reabold completes £1m Simwell acquisition
Reabold Resources has confirmed the completion of its acquisition of Simwell Resources, a privately held explorer with several southern North Sea licences.
‘Incredibly excited… but also sometimes daunted’: Wael Sawan on becoming new Shell CEO
Shell (LON: SHEL) has released its first interview with new CEO, Wael Sawan, on his challenges ahead in the top job.
Five key moments from Ben van Beurden’s tenure, as Shell CEO heads for exit door
As far as timeframes in which to lead one of the world’s biggest oil and gas companies go, Ben van Beurden picked a rocky one.
FIDs predicted in 2023 for large untapped UK oil and gas fields
Investment decisions could be on the way for Perth, Bentley and Bressay in the North Sea, alongside West of Shetland giants.
Shell shuts floating LNG plant in hit to Asian gas supply
Shell (LON: SHEL) suspended production at a floating liquefied natural gas facility off the west coast of Australia after a fire broke out, tightening fuel supplies to Asia right as winter starts to boost consumption.
More North Sea operators tipped to exit basin in 2023
Further North Sea oil and gas players are being tipped to up sticks next year as companies look to streamline their portfolios.