Tag Archive

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 […]

Female staff at Shell earn a FIFTH less than their male colleagues

Female staff at Shell earn a FIFTH less than their male colleagues

November 30, 2017 No Comments

Royal Dutch Shell’s gender pay gap report showed a difference of 22.2 per cent on average for male and female employees in the UK. Two-thirds of the group’s employees are male and just 33 per cent are female, it said. Royal Dutch Shell said the gap was largely down to the lack of women in […]

Eight energy companies commit to reduce methane emissions within natural gas industry

Eight energy companies commit to reduce methane emissions within natural gas industry

November 23, 2017 No Comments

BP, Eni, ExxonMobil, Repsol, Shell, Statoil, Total and Wintershall today committed to further reduce methane emissions from the natural gas assets they operate around the world. The energy companies also agreed to encourage others across the natural gas value chain – from production to the final consumer – to do the same. The commitment was […]

Shell upsizes sell down of shares in Woodside

Shell upsizes sell down of shares in Woodside

November 13, 2017 No Comments

Further to the announcement on November 13, 2017, Royal Dutch Shell plc (“Shell”) confirms that, following strong demand from institutional investors, Shell Energy Holdings Australia Limited (“SEHAL”) has upsized its previously announced agreement to sell shares in Woodside Petroleum Limited (“Woodside”). A total of 111.8 million shares were agreed to be sold, representing 13.28% of […]

Petrobras Aquires Seven blocks at the ANP auction

Petrobras Aquires Seven blocks at the ANP auction

October 5, 2017 No Comments

We acquired seven blocks in the 14th Round of Bids in the concession system, held by the National Petroleum Agency (ANP), six of which offshore and one onshore. We will be the operator of the seven blocks. We will be the operators of the offshore blocks, with a 50 percent interest, in partnership with ExxonMobil, […]

Quest Offshore & Gulf Publishing Announce “Gulf Quest, LLC”

Quest Offshore & Gulf Publishing Announce “Gulf Quest, LLC”

October 5, 2017 No Comments

Gulf Publishing Company and Quest Offshore Resources have announced the formation of Gulf Quest LLC for the joint operation of offshore conferences, including the leading global deepwater technology event, Marine Construction Engineering Deepwater Development (MCEDD). MCEDD, in its 15th year in 2018, will benefit from the combined resources of Quest Offshore Resources and Gulf Publishing […]

Next Offshore Oil Boom is in Brazil

Next Offshore Oil Boom is in Brazil

October 4, 2017 No Comments

The Next Big Offshore Boom Is About To Happen Here Say what you will about offshore oil and gas exploration, but it’s still alive and kicking—high production costs and all. The latest demonstration of the viability of deepwater projects, even in the post-2014 oil industry era, comes from none other than Brazil. On Wednesday, the […]

Total, Shell and Statoil enter CO2 storage partnership

Total, Shell and Statoil enter CO2 storage partnership

October 2, 2017 No Comments

The partners are today signing a partnership agreement to mature the development of carbon storage on the Norwegian continental shelf (NCS). The project is part of the Norwegian authorities’ efforts to develop full-scale carbon capture and storage in Norway. In June, Gassnova awarded Statoil the contract for the first phase of the project. Norske Shell […]

Aker Wins Brownfield Modifications and Maintenance Support Contract

Aker Wins Brownfield Modifications and Maintenance Support Contract

August 31, 2017 No Comments

Aker Solutions secured a framework agreement from Shell to provide brownfield modifications services and maintenance support for the Nyhamna and Draugen facilities in Norway. The agreement has a fixed period of four years and may be extended by up to seven years. It covers the offshore Draugen oil platform and the onshore Nyhamna natural gas […]

GoM operators shut production

GoM operators shut production

August 25, 2017 No Comments

Shell, Exxon, and Anadarko are reducing production in the Gulf of Mexico ahead of a storm that the U.S. National Hurricane Center said yesterday will affect most of the Texas coast. The NHC expects Tropical Depression Harvey to intensify as it nears the land. Shell, according to Reuters, is moving all personnel working on the […]

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