Shell completes exit of Cambo oilfield as Ithaca Energy buys out stake
Ithaca Energy (LON: ITH) will buy out Shell’s (LON: SHEL) stake in the Cambo oilfield, becoming the 100% owner of the West of Shetland project.
Shell
Namibia sees transition “war” threaten Venus, Graff developments
“Unless Namibia puts together a narrative to win the energy transition war, [the country’s] oil will remain in the ground.”
Fluor pays out millions over ‘improper accounting’ on Shell Penguins FPSO
The SEC highlighted problems with the subcontractor bid, which was handling fabrication of the Shell Penguins FPSO.
Energy transition role models – are such things possible?
Most of us involved in energy are aware of the alleged Big Oil claim that higher hydrocarbon profits are necessary to provide the means to finance the Energy Transition.
Council rules that Shell HQ demolition will have ‘no significant impact’ on environment
The report comes after climate change activists raised concerns over the plans.
Shell’s Penguins development enounters brownfield issues
Shell has provided an update on its Penguins development off Shetland, outlining that it has encountered infrastructure issues that "require rectification."
Europe’s biggest oil company quietly shelves a radical plan to shrink its carbon footprint
Six months after becoming the chief executive at Shell, Wael Sawan quietly ended the world’s biggest corporate plan to develop carbon offsets, the environmental projects designed to counteract the warming effects of CO2 emissions.
‘OilyFans’: London agency pitches oil and gas hit campaign (Exclusive)
Following an ‘OilyFans’ billboard sting in July, Don’t Panic is pitching a multi-thousand-pound online hit campaign, complete with a stunt film and deepfakes of oil bosses.
Rejecting Egypt route, Cyprus aims to capture more Aphrodite value
Pressure has been growing on the Cypriot government to increase local benefits, particularly given high electricity prices.
Seatrium scores hat trick with Shell FPU award
The FPU would follow the same model as the Vito and Whale facilities, with Seatrium involved in both.
Shell delivers first gas from renewables powered Timi platform offshore Malaysia
Oil giant Shell (LON: SHEL) has confirmed the start-up of gas production at its unmanned Timi installation offshore Malaysia.
Shell’s quest to find buyer for Cambo stake ‘progressing well’, claims partner
“On Cambo, Shell has a 30% share and our understanding is they are progressing well - hopefully that sales process will end soon. That will allow us to continue the project towards FID.”
North Sea firm gets lifeline loan extension from Shell
A small North Sea player has been granted a lifeline loan extension from Shell.
Oil giants target December 2028 for North Sea electrification scheme
Details on new infrastructure and Aberdeenshire landfall locations for emissions-busting project at Harbour Energy, BP, TotalEnergies and Shell platforms.
Shell receives final bids for UK North Sea gas assets
Shell (LON: SHEL) has whittled down bidders for its southern North Sea gas fields to three final contenders, according to people with knowledge of the matter.
Selene: Shell and Deltic start surveys on North Sea exploration well
Shell (LON: SHEL) and Deltic Energy (AIM: DELT) have kicked off site surveys for the Selene exploration well in the North Sea.
Shell eyes 2025 start up for Victory gas field west of Shetland
Environmental regulator OPRED has opened up a public consultation on the new project which sits 29 miles off Shetland.
Goldeneye: The North Sea field that traded in gas for carbon storage
The Goldeneye pipeline previously carried gas from the field it shares a name with and is now set to store carbon emmissions in the North Sea
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.
Ecopetrol lines up deepwater well for fourth quarter
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.
Tory MP failed to declare Shell shares while environment secretary
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.
RWE sees climate goals at risk as global wind power in crisis
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 secures three-year services deal with Shell
Wood has confirmed the award of a multi-year enterprise framework agreement to continue providing services for Shell's global projects.
Shapps to host energy summit with bosses from Shell, BP and SSE
Mr Shapps will also set out plans to protect “critical energy infrastructure” from disruptive protests as part of the controversial Public Order Act.
‘Defining milestone’: Acorn CCS partners hail Track 2 funding
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”.