Shell and Deltic take investment decision on Pensacola appraisal
Shell (LON: SHEL) and Deltic Energy (AIM: DELT) have taken a well investment decision on their planned appraisal of the Pensacola discovery.
Shell
Shell fined £1m over North Sea worker’s crushed feet
Martin Hill, then 63, narrowly avoided having both feet amputated.
Updated: Shell agrees to sell German refinery stake to Prax Group
Shell Plc (LON: SHEL) agreed to sell its stake in the Schwedt refinery, a plant that supplies much of eastern Germany with fuel and has been caught up in Europe’s standoff with Moscow over the war in Ukraine.
Equinor takes over Shell stake in Linnorm, Norway’s largest undeveloped gas discovery
Equinor has agreed to acquire Shell's stake in Linnorm, the largest undeveloped gas discovery within the Norwegian continental shelf (NCS).
Shell approves Great White wells
Shell said the investment demonstrated its long-term commitment to the Gulf of Mexico.
Shell to bid farewell to Bollsta after one more exploration well
“We intend to continue our back-to-back drilling campaign over the remaining term of the contract by appraising the Jonker discovery and drilling at least one more exploration well.”
Shell talks up $5bn Bonga North plan with president
“We are very focused on resolving all investment-related issues. There is no bottleneck that is too difficult for us to remove”, the president said. “We need each other … we want you to do more.”
Reabold banks £5m payday from Shell over Victory gas field deal
NSTA is expected to greenlight the Shell Victory project in the West of Shetland ‘within the coming months’
Deltic eyes farm-down on on Shell-partnered North Sea projects
Deltic Energy (AIM: DELT) is mulling a farm-down of its stake in a pair of Shell-operated (LON: SHEL) North Sea targets and have received “a considerable level of interest”.
Dutch pension fund PMT sticks with nine oil and gas companies
One of The Netherlands’ largest pension funds said it will continue to invest in nine oil and gas companies — including Shell and BP — while dropping dozens of others.
Ithaca completes acquisition of Shell’s Cambo stake
Ithaca Energy has completed its acquisition of Shell’s remaining 30% stake in the Cambo field, as it now looks to bring in a new venture partner ahead of investment sanction.
Greenpeace blockades Shell terminal in the Philippines
"At COP 28, governments should make them stop drilling and start paying for the damage their operations cause.”
Kaefer contractors launch strikes at Shell Mossmorran and St Fergus gas plants
Around 150 Kaefer contractors have started a week of strikes at a pair of Scottish gas plants operated by Shell (LON: SHEL).
Dumping and derogations: OSPAR rules among top challenges facing UK decommissioning
Operators are waiting years for decisions on the contentious topic of whether they can leave structures in the sea.
Shell strikes find offshore Egypt with Stena Forth
It bolsters “our growth aspirations and ongoing commitment as a key partner in Egypt’s energy landscape. Successful delivery of our current exploration campaign is part of Shell Egypt’s growth strategy.”
Shell paid net UK taxes for first time in years on windfall levy
Without the government’s new Energy Profits Levy, Shell said it wouldn’t have had to pay corporate tax in the UK.
Subsea7 wins decom work for Shell’s Flu FPSO
“Two decades later, we’re proud to be one of Shell’s chosen contractors to take part in the completion of this field’s life cycle.”
High storage tempers volatility in LNG markets
“If we have another supply disruption from the US, from Norway or from the North Sea we will see more volatility,” he said.
Majors start talks to settle $5bn Kashagan sulphur fine
If agreed, the settlement would help to open the way for an expansion of the Kashagan oil development, including construction of new gas-processing plants needed by the government, the people said.
ClientEarth lawsuit against Shell’s board of directors over net zero strategy dismissed
UK Court of Appeal refuses to hear appeal from ClientEarth after its lawsuit against Shell's board of directors was dismissed in July
French fund rule puts $7.6 billion of oil, gas assets at risk
A French rule targeting ESG funds has the potential to force oil and gas divestments of €7 billion ($7.6 billion), according to an analysis by Morningstar Inc (NYSE: MORN).
North Sea FPSO shut down as HSE warns of ‘serious risk’ over mooring lines
Operator Bluewater Energy said it had made a precautionary shutdown of the Haewene Brim FPSO prior to the HSE warning and is now addressing the issues.
Updated: 150 Kaefer contractors at Shell operated Mossmorran and St Fergus energy plants set to strike
Unite members working as contractors for Kaefer at Shell operated plants vote to take a week of strike action between 27 November and 4 December.
Shell, Venture Global clash over LNG commissioning
“More than 20 months after their first cargo, Venture Global’s claim to still be commissioning a facility that, according to publicly available data, has been producing at around nameplate capacity for more than a year is simply unbelievable and increasingly untenable.”
Over 200 students take part in Girls In Energy annual conference in Aberdeen
More than 200 young women gathered in Aberdeen last week to discuss innovative solutions to global food, water and energy sector challenges as part of the annual Girls In Energy conference.