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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 […]

Shell announces the start of a share buyback programme

Shell announces the start of a share buyback programme

July 26, 2018 No Comments

Royal Dutch Shell plc (the ‘company’) today announces the immediate start of a share buyback programme in accordance with authority granted by shareholders at the company’s 2018 Annual General Meeting1. Chief Executive Officer Ben van Beurden commented: “Today we are taking another important step towards the delivery of our world-class investment case, with the launch […]

BP, ENI AND SHELL ARE BEST-IN-CLASS AMONGST THE MAJORS

BP, ENI AND SHELL ARE BEST-IN-CLASS AMONGST THE MAJORS

July 25, 2018 No Comments

Investors should feel confident about BP’s, Eni’s and Shell’s increased wave of new project approvals during the recent downturn. A Rystad Energy review of the performance of their recent projects against those of other operators shows that the three European oil giants have outperformed their peers. For projects that have started up since 2014, majors […]

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Shell secures exploration acreage offshore Mauritania

Shell secures exploration acreage offshore Mauritania

July 23, 2018 No Comments

Shell Exploration and Production Mauritania (C-10) B.V. and Shell Exploration and Production Mauritania (C-19) B.V. (“Shell”) today signed two Production Sharing Contracts with the government of Mauritania for the exploration and potential future production of hydrocarbons in the offshore blocks C-10 and C-19. “This move represents Shell’s entry into the West African Atlantic Margin exploration […]

Making solar panels more efficient

July 19, 2018 No Comments

Terence Ong is a serial entrepreneur. For more than a decade, he dabbled in numerous businesses – from anti-ageing skin creams to producing CD-ROMs. Now, aged 46, Ong wants to follow the sun. “If you can harness solar power, you can do anything,” he says. “The sun is available anywhere and everywhere, even in the […]

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NLNG Train-7 Engineering Design Contract

NLNG Train-7 Engineering Design Contract

July 13, 2018 No Comments

The Nigerian National Petroleum Corporation (NNPC), Shell, Total and Eni have signed the Front End Engineering Design (FEED) contract of Train 7 of the Nigeria Liquefied Natural Gas Ltd (NLNG) on Wednesday in London. The event also witnessed the commemoration of the successful repayment of $5.45bn shareholders loan for Trains 1-6 by the NLNG Shareholders. […]

Shell to sell Draugen and Gjøa interests to OKEA AS

Shell to sell Draugen and Gjøa interests to OKEA AS

June 20, 2018 No Comments

Royal Dutch Shell plc, through its affiliate A/S Norske Shell, has reached an agreement with OKEA AS to sell its entire 44.56% interest in Draugen and 12.00% interest in Gjøa in Norway for $556* million (NOK 4,520 million). The transaction is subject to regulatory approval and is expected to complete in Q4 2018. The transaction’s […]

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