Tag Archive

Shell adds new, deep-water production in Brazil

Shell adds new, deep-water production in Brazil

October 25, 2018 No Comments

New, deep-water production is underway today at Lula Extreme South in the Brazilian Santos Basin. Royal Dutch Shell plc, through its subsidiary Shell Brasil Petróleo Ltda. (Shell) and consortium partners, announces that the FPSO P-69 is now producing. The FPSO P-69 is a standardized production vessel offshore Brazil with a capacity for 150,000 barrels of […]

Shell agrees to sell Upstream Interests in Denmark to Noreco

Shell agrees to sell Upstream Interests in Denmark to Noreco

October 25, 2018 No Comments

Royal Dutch Shell plc (Shell), through its affiliate Shell Overseas Holdings Limited, has reached an agreement with publicly listed Norwegian Energy Company ASA (Noreco), to sell its shares in Shell Olie-og Gasudvinding Danmark B.V. (SOGU) for a consideration amount of $1.9 billion. SOGU is a wholly-owned Shell subsidiary that holds a 36.8% non-operating interest in […]

Shell sells  its Downstream business in Argentina to Raízen

Shell sells its Downstream business in Argentina to Raízen

October 2, 2018 No Comments

Shell CAPSA (Shell), a subsidiary of Royal Dutch Shell plc, has completed the sale of its Downstream business in Argentina to Raízen for US$916 million in cash, subject to final price adjustments. The sale includes the Buenos Aires Refinery, around 665 retail stations, liquefied petroleum gas, marine fuels, aviation fuels, bitumen, chemicals and lubricants businesses, […]

Shell  to invest in LNG Canada

Shell to invest in LNG Canada

October 2, 2018 No Comments

Shell Canada Energy, an affiliate of Royal Dutch Shell plc (“Shell”), today announced it has taken a final investment decision (FID) on LNG Canada, a major liquified natural gas (LNG) project in Kitimat, British Columbia, Canada, in which Shell has a 40% working interest. With LNG Canada’s joint venture participants also having taken FID, construction […]

Shell’s Pernis refinery helps heat Dutch homes

Shell’s Pernis refinery helps heat Dutch homes

September 27, 2018 No Comments

The Pernis Residual Heat Initiative is an innovative project that could help the City of Rotterdam reduce carbon emissions by up to 35,000 tonnes annually. Shell, the Port of Rotterdam Authority and the Heat Company Rotterdam will use residual heat generated from operations at Shell’s Pernis Refinery to provide heat and hot water to more […]

Joint industry human rights supply chain engagement

Joint industry human rights supply chain engagement

September 24, 2018 No Comments

BP, Equinor, Shell and Total CEOs announce that they have agreed to join forces to create a collaborative approach to human rights supplier assessments in the energy industry. Participating companies recognise the importance of working with suppliers that respect human rights, in line with the UN Guiding Principles on Business and Human Rights, including the […]

Shell announces methane emissions intensity target for oil and gas assets

Shell announces methane emissions intensity target for oil and gas assets

September 17, 2018 No Comments

Royal Dutch Shell plc (Shell) today announced a target to maintain methane emissions intensity below 0.2% by 2025. This target covers all oil and gas assets for which Shell is the operator. “This methane target complements Shell’s ambition to cut the Net Carbon Footprint of our energy products by around half by 2050, which we […]

DEA to invest over two billion Euros in Norwegian oil and gas business

DEA to invest over two billion Euros in Norwegian oil and gas business

August 28, 2018 No Comments

Norway is already the strongest production country in DEA’s global portfolio. Further growth projects are planned to come on stream from 2020 on. Most important project is the development of the own operated Dvalin gas field. DEA aims to double its current production on the Norwegian Continental Shelf (NCS). “As part of our long-term growth […]

Wood secures extension to global framework with Shell

Wood secures extension to global framework with Shell

August 23, 2018 No Comments

Wood has secured a three-year extension to a framework agreement with Shell to continue to deliver completions management, certification software and support to its assets globally. As part of the framework agreement, originally awarded in 2014 and managed from the UK, we will provide our completions management software GoTechnology, currently used by Shell’s major commissioning […]

Wood extends subsea integrity management industry network

Wood extends subsea integrity management industry network

August 14, 2018 No Comments

Wood has further extended the SURF IM Network, which aims to share experience and lessons learned from subsea integrity and reliability issues and is supported by 10 major global operators: BP, Chevron, ExxonMobil, Hess, Husky, PETRONAS, Shell, Suncor, Total and Woodside. Led by Wood and established in 2014, the network facilitates face-to-face forums for sharing […]

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