Shell eyes $2.2 billion divestment from giant Indonesia gas project
Shell is pushing ahead with plans to divest its share of the giant Abadi LNG project in the Masela Block offshore Indonesia.
Shell
No more FPSO orders in 2020
No more floating production, storage and offloading (FPSO) vessels will be ordered this year, Rystad Energy has predicted.
New £5m boost for researchers assessing North Sea oil and gas and renewables structures
A research group assessing man-made North Sea structures has been given a boost with the announcement of £5 million in new funding.
As Big Oil stumbles, Total manages to stay on its feet
Europe’s oil giants came into 2020 promising shareholders they can “do it all” -- maintain generous dividends, keep the crude flowing and make a historic shift toward clean energy. Only one of them may succeed.
New technology platform to help fill void left by exhibitions wipeout
Scottish and Dutch oil business and technology development experts are joining forces to create a new online catalogue to help fill the void left by the Covid-induced obliteration of the exhibitions circuit.
NHV wins Shell North Sea helicopter contract off CHC
NHV helicopters has won a Shell North Sea contract previously operated by larger rival CHC.
Shell decision to slash assets by £18bn provokes FTSE tumble
Investors in oil giant Shell sent the FTSE 100 tumbling on Tuesday as London's top index lagged far behind many of its global counterparts.
Shell warns of Covid-19 impairments of up to £17.8billion
Shell has warned it will take impairments of up to £17.8billon ahead of its second quarter results due to the impact of the Covid-19 pandemic.
Shell’s Bonga ramps up despite COVID fears
Shell’s Bonga field completed maintenance last week and is ramping production back up, despite some isolated cases of coronavirus.
Norway’s carbon capture plans could end up in financial ruin, report says
Norway’s plan for a full-scale carbon capture and storage project could end up a financial disaster, according to a new report that includes an increased cost estimate for the venture.
Shell North Sea boss says firms will be ‘rapidly challenged’ by low emissions economics
Shell's North Sea boss has said firms will be “very rapidly” challenged by the economics of reducing emissions, calling for collaboration, government and regulatory support.
Oil majors ‘still falling short’ of climate goals – Carbon Tracker
Oil majors are “falling short” of global climate goals despite their updated emissions targets, according to a new report.
Shell plans ‘major restructuring’ in net zero push: Report
Shell will announce a major restructuring by the end of the year, according to a news report, as the firm makes a shift for the energy transition.
Shell heads to court for Nigerian spills case
Shell is heading to the UK Supreme Court today for another hearing on oil leaks in the Niger Delta.
Shell and Total join UK floating offshore wind syndicate
North Sea oil giants Shell and Total have joined a UK floating offshore wind consortium created to drive forward the technology.
Brent Alpha platform removed by Pioneering Spirit vessel
The Brent Alpha platform has become the third installation to be removed from Shell’s famous North Sea field.
Cyberhawk wins multimillion-dollar deal with Shell
Global visual asset management firm Cyberhawk has clinched a five-year, multimillion-dollar software contract with Shell.
UK will keep vast majority of its decommissioning work, expert says after Shell Curlew flight
The “vast majority” of UK offshore oil infrastructure will be decommissioned in Britain despite competition from Norwegian yards for the biggest jobs, a market expert claimed.
BP-scale job cuts ‘good ballpark estimate’ for every oil major – Rystad
BP-scale job cuts of 15% worldwide is a “good ballpark” estimate for every oil major, according to consultancy Rystad Energy.
MSP ‘deeply disappointed’ by loss of Shell decommissioning job to Norway
A Scottish politician said yesterday he was “deeply disappointed” that an oil production vessel which has sat in Dundee for a year will be dismantled in Norway.
ExxonMobil is the least resilient oil supermajor – Wood Mackenzie
New research has named ExxonMobil as the least "resilient" supermajor to weather the current oil downturn.
Shell picks Norwegian yard to complete Curlew decommissioning
Shell has awarded Norwegian firm AF Gruppen the contract for dismantling and recycling the Curlew floating production vessel.
Highland and Grampian offshore wind boom could create ‘pipeline of work for 50 years’
An expected £8billion offshore wind boom promises the Highlands a “once-in-a-generation opportunity that could transform the region,” it was predicted yesterday.
‘Massive move’ to embrace CCUS by North Sea supply chain firms, Neccus boss says
A “massive move” is underway to embrace the carbon capture, usage and storage (CCUS) sector by North Sea supply chain firms, according to the boss of a new industry and government alliance.
Petrofac gets nod for Acorn carbon capture and hydrogen project
A north-east carbon capture and hydrogen production project has reached key milestone with the appointment of a major contractor.