Deepwater activities in Southeast Asia set to boom
Deepwater upstream projects are increasingly important for Southeast Asia, where new investment in production is critical to meet rising demand for oil and gas, as economies continue to expand.
Shell
North Sea EPC spend to top £2.8bn in 2021, about £1.8bn still to come – Westwood Global
North Sea engineering, procurement and construction (EPC) contract awards are anticipated to total more than $4 billion (£2.8bn) in 2021.
Shell approves major Whale
Shell has taken the final investment decision (FID) on the Whale project, in the US Gulf of Mexico, copying many of the aspects of its Vito project.
Shell, Equinor, RWE and Gasunie to push ahead with plans for offshore hydrogen park
Shell, Equinor, RWE and Gasunie are to push ahead with plans for a large-scale offshore hydrogen park off the coast of Germany.
Competition watchdog warns of ‘postcode lottery’ for electric vehicle charging
The UK competition watchdog has published a review into electric vehicle charging, warning some parts of the country are at risk of being “left behind”.
Shell puts Malaysian upstream assets on sale
Shell has officially launched the sale of its shares in oil and gas fields it does not operate offshore Malaysia, according to a document seen by Reuters.
Talks to let double-jabbed oil workers bypass Covid isolation
Discussions are ongoing that could avoid swathes of North Sea oil workers having to return home in the event of a Covid-19 breakout.
Blown away: ‘Major interest’ in ScotWind leasing round with more than 70 bids made
More than 70 bids have been made by companies for the ScotWind offshore leasing round, showing the country’s “scale of potential” for wind development.
Low-carbon energy to create 20,000 north-east jobs in next decade
Low-carbon energy projects in the north-east could create up to 20,600 jobs in the next ten years, a new report has predicted.
Indonesia asks Chevron and Shell to complete divestments
Indonesian upstream regulator SKK Migas has asked Shell to complete the divestment process for its Masela Block, which holds the giant Abadi gas field, by the end of this year, reported local media. Chevron is also being pushed to finalise the sale of its Indonesian Deepwater Development (IDD) to Italy’s Eni.
Critics accuse Shell of sending ‘wrong signal’ by appealing climate change ruling
Shell has been accused of sending out the "wrong signal" after confirming plans to challenge a court ruling ordering it to accelerate emissions cuts.
Climate talk overtakes ‘growth’ on fossil fuel conference calls
The world’s biggest oil and gas companies are more likely to talk to Wall Street about emissions than how their businesses might grow.
Chevron fails to hit targets with giant CCS scheme at Gorgon LNG
Chevron is receiving heavy flak and potential fines for failing to meet emissions reduction targets at its troubled carbon capture and storage (CCS) scheme that forms a crucial element of the Gorgon liquefied natural gas (LNG) export project in Australia. Its partners include Shell and ExxonMobil.
FTSE-100 listed M&G joins ranks of Storegga investors
M&G, a FTSE-100 listed savings and investments business, has become the fourth external shareholder in Storegga Geotechnologies, the lead developer of the Acorn carbon capture and storage and hydrogen project near Peterhead.
Sleep-deprived workers at Shell’s Prelude FLNG make official complaint
Workers onboard Shell’s Prelude floating liquefied natural gas (FLNG) facility offshore Western Australia are complaining about occupational health and safety (OHS) breaches after being forced to work on only two to three hours of sleep.
Oil plunges as OPEC+ adds new supply
Oil led losses in a broad market selloff while a resurgent virus threatened the global economic recovery just as OPEC+ agreed to boost crude supply.
Ted Strachan: The man who broke story of North Sea oil find dies aged 91
One of the North-east's best-known journalists, and The Press and Journal reporter widely acclaimed for being the first to bring news of the North Sea oil boom, Ted Strachan, has died at the age of 91.
Cambo oilfield protestors occupy UK Government building in Edinburgh
A dozen activists have staged a protest at a UK Government building in Edinburgh in hope of convincing ministers to reject proposals for the Cambo oilfield, west of Shetland.
That’s all folks! – ScotWind application window slams shut
Offshore wind developers have been praised for the “time, effort and investment” they’ve put into their ScotWind applications.
BP, Shell step up carbon neutral LNG deliveries
BP is due to deliver a first cargo of carbon neutral LNG to Mexico’s Energía Costa Azul (ECA) terminal today.
‘Scotland’s CCS contribution starts here’ – Acorn project signs MoU with two North Sea gas terminals, ExxonMobil joins NECCUS alliance
A deal has been struck that could pave the way for emissions from North Sea gas pipelines, operated by ExxonMobil and Shell, to be captured and locked away.
‘End of an era’: Shell film marks life and final days of Brent Charlie production
Shell has released a new documentary marking the life and final days of production on the Brent Charlie platform.
Shell and ScottishPower launch ScotWind bid to develop floating wind farm off north-east coast
Oil and gas giant Shell has confirmed plans to participate in the ScotWind leasing round at the eleventh hour.
Acorn CCS project partners select firm to carry out engineering design work
UK firm Carbon Clean has been selected to carry out the Front End Engineering Design (FEED) services for Aberdeenshire's Acorn carbon capture and storage (CCS) plant.
Shell and PetroChina sign world’s first carbon-neutral term LNG deal
Shell claims to have signed the world’s first carbon-neutral term liquefied natural gas (LNG) supply deal after sealing a five-year contract with PetroChina.