Tag Archive

Bonga Field achieves 763 million oil barrels production milestone

Bonga Field achieves 763 million oil barrels production milestone

May 18, 2018 No Comments

Shell Nigeria Exploration and Production Company (SNEPCo) delivered a total of 763 million barrels of oil from the Bonga field between first production in 2005 and 2017, while at the same expanding the field with further drilling of wells in Bonga Phases 2 and 3 and through a subsea tie-back that unlocked the nearby Bonga […]

Shell Nigeria Gas boosts domestic gas distribution capacity

Shell Nigeria Gas boosts domestic gas distribution capacity

May 18, 2018 No Comments

Shell Nigeria Gas (SNG) Limited has increased its domestic gas distribution capacity by 150% over the last six months. The increase in capacity will enable the company to distribute more than 100 million standard cubic feet of gas per day (MMscf/d) to businesses in its western operations. The new capacity is equivalent to some 400 […]

Shell publishes 2017 Sustainability Report

April 9, 2018 No Comments

Royal Dutch Shell has published its 2017 Sustainability Report. The report outlines Shell’s approach to sustainability and covers the company’s social, safety and environmental performance in 2017. It sets out how Shell is playing a role in the energy transition and details Shell’s contribution to society, which includes providing people with access to energy products. […]

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Woodside Commit to Lowering Methane Emissions

Woodside Commit to Lowering Methane Emissions

April 6, 2018 No Comments

Woodside has joined BP, Eni, ExxonMobil, Gazprom, Repsol, Shell, Statoil, Total and Wintershall in signing Guiding Principles that commit it to further reduce methane emissions from the natural gas assets it operates. In signing the Guiding Principles, Woodside also agrees to encourage others across the natural gas value chain – from production to the final […]

Platts Releases Blockchain For Oil Inventory Data In the UAE

Platts Releases Blockchain For Oil Inventory Data In the UAE

February 23, 2018 No Comments

S&P Global Platts released a blockchain-based product that “will allow market participants to submit weekly inventory oil storage data” to the United Arab Emirates’ Fujairah Oil Industry Zone (FOIZ) and the relevant regulator, FEDcom. “In collaboration with FOIZ, FEDCom and the 11 terminal operators that use the flagship Middle Eastern facility, S&P Global Platts has […]

NERA funding for subsea equipment reliability project

NERA funding for subsea equipment reliability project

February 20, 2018 No Comments

National Energy Resources Australia (NERA) is supporting the Transforming Australia Subsea Equipment Reliability (TASER) project, led by Wood and in collaboration with Chevron, Shell and Woodside, by providing AUD $145,000 of funding over two years. TASER follows on from the Subsea Equipment Australian Reliability Joint Industry Project (SEAR JIP) also led by Wood and supported […]

PPE EnDura® V91K gains Shell TAT approval

February 16, 2018 No Comments

Precision Polymer Engineering’s EnDura® V91K is now approved to Shell MESC SPE 85/301 following a successful Type Acceptance Test (TAT). This achievement allows Precision Polymer Engineering to collaborate with partners specifying the Shell MESC SPE 85/301 standard, and represents another technical landmark in the continual development of the EnDura® range of oil and gas sealing […]

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Linear Alpha Olefins Market to generate huge revenue over 2017-2024.

January 23, 2018 No Comments

Linear Alpha Olefins (LAO) Market size may surpass USD 19 billion by 2024; according to a new research report by Global Market Insights, Inc. Growing PAOs demand in synthetic based lubricants manufacturing due to key properties including reduced wear & tear, low volatility, thermal stability, natural lubricity and chemical inertness should positively influence linear alpha […]

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SBM Offshore Completes Turritella Handover and Transaction

SBM Offshore Completes Turritella Handover and Transaction

January 18, 2018 No Comments

After an operational transition period, SBM Offshore and Shell E and P Offshore Services B.V. (Shell) have completed the transaction related to the sale of FPSO Turritella. Both companies have worked successfully together to ensure a safe and controlled handover of operations.The financial impact of this transaction on the SBM Offshore accounts remains in-line with […]

Tasman Oil Tools and Olio Announce Joint Venture

Tasman Oil Tools and Olio Announce Joint Venture

December 10, 2017 No Comments

Tasman Oil Tools (a subsidiary of Northbridge Industrial Services plc) has teamed up with Olio Resources Sdn Bhd to provide a new joint venture entity, Olio Tasman. With the combined expertise and resources of both companies at its disposal Olio Tasman will supply drilling rental tools, wellbore clean-up and pressure control solution the South-East Asian […]

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