Drilling window opens at Shell’s North Sea Jackdaw field
Energy giant Shell (LON: SHEL) is gearing up to carry out drilling work at its Jackdaw field in the Central North Sea.
Energy giant Shell (LON: SHEL) is gearing up to carry out drilling work at its Jackdaw field in the Central North Sea.
The company has signed up the Noble Discoverer to carry out the work. The Noble-owned rig will come from Suriname, where it will be under contract with Petronas between August and November.
A Conservative MP failed to declare that she held shares valued at more than £70,000 in Shell (LON: SHEL) while she was environment secretary.
Progress on protecting the climate could be at stake if the difficulties facing the offshore wind industry persist, RWE's head Markus Krebber said.
Wood has confirmed the award of a multi-year enterprise framework agreement to continue providing services for Shell's global projects.
Mr Shapps will also set out plans to protect “critical energy infrastructure” from disruptive protests as part of the controversial Public Order Act.
The project partners of the Acorn CCS development, selected today for Track 2 of the UK Government’s £1bn funding competition, have hailed it as a “defining milestone”.
Activists have banded together to demand a rethink on plans to demolish a prominent landmark – for the sake of the environment.
“In September we’ll have the results of the first test, which is very important. Productivity per well is important, if it’s 15,000 barrels per day it’s fine, if it’s five, it’s not fine.”
The boss of Shell (LON: SHEL) has given an update on the supermajor’s plans for decommissioning the iconic Brent Charlie platform.
Shell, TotalEnergies and Repsol announced combined buybacks of almost $6 billion on Thursday.
Those eagerly awaiting the arrival of Shell’s (LON: SHEL) first new manned vessel in the UK for 30 years will have to wait a little longer after a delay to sailaway was confirmed.
It is aiming to award the contract and start the work somewhere between the third quarter of 2025 and the second quarter of 2026.
Supermajor Shell (LON: SHEL) is the latest oil and gas producer to see its profits diminish year-on-year after the heady heights of 2022.
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With the Charlie platform being the only installation still in the famous Brent field, Shell’s (LON: SHEL) decommissioning construction manager says, “the end of an era is now quickly approaching".
"The decision to sell our participation in the Masela PSC is in line with our focus on disciplined capital allocation,” said Zoë Yujnovich, Shell’s Integrated Gas and Upstream Director.
Plunging margins for petrochemicals are set to take a bite out of Big Oil’s quarterly profits, adding to the pain companies are feeling from lower oil and gas prices.
The Shell official went on to say the “claim is utterly misconceived and a clear misuse of the English courts. Should ClientEarth seek permission to appeal, we remain confident that the court will stand by its rulings.”
With Shell announcing the demolition of its former Aberdeen base, some are calling for ETZ to change its plans and spare Doonie's Farm.
“That’s not cutting costs with a machete and being unsafe. We’re doing more with safe facilities. It’s not just good to cut costs and allocate that cash to other areas but it also facilitates financing of the company.”
Investors are expected to put Shell “under the microscope”, says financial services firm Hargreaves Lansdown, amid questions about the oil giant's broader strategy.
News that Shell (LON: SHEL) will demolish its former Aberdeen HQ has sparked debate from readers on the legacy of the building - and rumours on its history.
The chief executives of Shell and SSE have been named as two of the 14 members of Rishi Sunak’s business council.
The building has been a prominent landmark for decades.