Australia leads in bumper year for Asia Pacific FIDs
Looming wave of final investment decisions (FIDs) will provide massive boost for offshore oilfield service sector in Southeast Asia
Shell
Egypt to Reduce LNG Cargoes for Sale as Gas Prices Plummet
Egypt is planning to reduce the number of spot liquefied natural gas cargoes it offers and to negotiate long-term sales deals with customers instead, because of plummeting prices.
North Sea chaplain expects Church of Scotland to make ‘wrong decision’ to divest from fossil fuels
The North Sea’s oil and gas chaplain believes the Church of Scotland will make the “wrong decision” in coming years to divest from fossil fuels.
Shell agrees farm-in for UK North Sea licences
Oil major Shell will farm into a pair of UK North Sea licences currently held by Egdon Resources.
Egypt signs off on exploration commitments
Egypt has signed deals with four companies for exploration in the Western Desert and Mediterranean Sea.
IEA spells it out – Big Oil must make the Great Transition
Big Oil doesn’t have a choice; either it gets serious about the necessary transition to low carbon energy or mounting public fear fuelled by the impacts of the deepening climate crisis will eventually force drastic change.
Shell making progress on Jackdaw plans
Shell has reached another checkpoint on the way to developing the Jackdaw field in the central North Sea.
Prosafe booked by Total for Elgin assignment in spring
Prosafe said today that its Safe Caledonia offshore accommodation vessel would start a contract with Total at the Elgin field in the UK North Sea in April.
Turning proactive oil firms like Shell into pariahs is misguided
Media reports of organisations announcing divestment and a distancing from oil and gas are increasing.
Study: Oil firms pay investors more than they can afford
The largest oil and gas companies for years have lived beyond their means and paid more money to investors than they can reasonably afford, according to a new report.
Oil giant targeted in climate protest
Climate change protesters blockaded the headquarters of oil giant Shell yesterday in the first in a series of protests across the Granite City.
EnQuest shuts office as climate protestors descend on Aberdeen
Exploration and production firm EnQuest has closed its offices in Aberdeen city centre today as climate change protestors descended on the Granite City.
VIDEO: Extinction Rebellion ‘blockade’ Shell’s Aberdeen HQ
The Aberdeen headquarters of oil giant Shell have been blockaded for several hours as Extinction Rebellion carries out a series of protests across the city today.
Oil and gas industry works to increase awareness of human trafficking
Ataria Malveaux was 18, just out of high school, when she fled a chaotic family life in Houston for the promise of making quick money in Dallas. She soon discovered her would-be employer was a pimp; only the help of another woman allowed her to escape forced prostitution.
New oil law in Somalia tests uneasy peace
Somalia is taking steps to attract foreign investment to its energy sector but challenges remain, most notably in how the federal government can integrate its policies with those of the state governments.
Equinor, Shell part of new group preparing ocean renewables plan
Equinor and Orsted will lead a new group formed to tackle climate change by accelerating the deployment of offshore renewable energy technology.
Biggest ever Subsea Expo dives into the ‘blue economy’
Subsea Expo 2020, set to be the biggest in the event’s 15-year history, has today announced its programme of speakers for the conference which will see 70 industry professionals take to the stage at P&J Live on 11-13 February 2020.
Exploration in 2020: Transition, what transition?
The Energy Transition and Extinction Rebellion may have led the energy news agenda and stimulated reflection in many E&P boardrooms in 2019, but the impact on exploration drilling is not yet apparent.
Shell New Energies boss calls time on role
The vice president of Shell New Energies has announced he will step down from his role to be replaced by the firm's global vice president of strategy.
Time to ‘step up’ and deliver energy transition, North Sea oil chief says
Too many opinions, not enough facts. That’s how Chrysaor chief executive Phil Kirk views the heated debate about the oil and gas sector’s role in the energy transition.
Shell-owned floating wind firm to ‘review future’ of Scottish office with oil major
A floating wind firm purchased by Shell in November is to review the future of a Scottish office registered before the buyout, the company's head of projects said last night.
2020 – A busy year ahead
Following the result of the general election, we can now expect to leave the EU at the end of January, although very little will change on that date as we will move into a transitional period when existing EU rules and trade terms continue to apply in the UK.
Climate emergency ‘even more pressing challenge’ for North Sea than 2014 oil downturn
The climate emergency is an “even more pressing challenge” for the industry than the 2014 downturn according to the Oil and Gas Authority’s (OGA) chief executive.
Kuwait signs up LNG supplies from Qatar
Qatar Petroleum (QP) has signed up to supply Kuwait with 3 million tonnes per year of LNG for 15 years, under an agreement with Kuwait Petroleum Corp. (KPC).
Consultancy Genesis says margins remain under pressure amid stiff competition
A global oil and gas consultancy with a base in north-east Scotland has blamed stiff competition for a near doubling of its pre-tax losses.