Tag Archive

Shell and partners add pre-salt production in Brazil

Shell and partners add pre-salt production in Brazil

November 15, 2019 No Comments

Consortium announces oil and gas production start at P-68 FPSO located at BM-S-11-A concession in Berbigão, Sururu, and West Atapu; unit can process up to 150,000 barrels per day. New, deep-water production has come online from the Brazilian pre-salt Santos Basin. Shell Brasil Petróleo Ltda. (Shell Brasil) and its consortium partners today announced the start […]

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Shell announces the next tranche of the share buyback programme

Shell announces the next tranche of the share buyback programme

October 31, 2019 No Comments

On October 17, 2019 the company completed the previous tranche of its share buyback programme. In aggregate between July 26, 2018 and October 17, 2019, the company repurchased 390,525,007 ordinary shares for an aggregate consideration of $12 billion (the ‘aggregate previous tranches’). The maximum number of ordinary shares which may be purchased by the company […]

Shell Egypt to Sell Assets in Western Desert

Shell Egypt to Sell Assets in Western Desert

October 21, 2019 No Comments

Shell Egypt is to market its current onshore upstream assets in the Western Desert in order to fully concentrate on growing its Egyptian offshore exploration and integrated gas business. Wael Sawan, Shell Upstream Director, said: “Shell is proud to have worked in Egypt for over 100 years. We remain committed to Egypt and see our […]

RECORD NUMBERS FOR TANK STORAGE ASIA 2019

RECORD NUMBERS FOR TANK STORAGE ASIA 2019

October 9, 2019 No Comments

Tank Storage Asia 2019 boasted record visitor numbers this September, as terminals, traders, petrochemical producers and equipment suppliers gathered in Singapore. The event saw a 35% increase in visitors this year, attracted by a strong conference line-up, new one- to-one networking opportunities and a whole host of ground-breaking technologies on the show floor. Over 50 […]

Shell enhances quarterly disclosures

Shell enhances quarterly disclosures

September 30, 2019 No Comments

Royal Dutch Shell plc (Shell) today introduces the publication of a quarterly update, starting with the third quarter 2019. We will additionally publish the quarterly consensus collected for cash flow from operations (CFFO). Jessica Uhl, CFO of Royal Dutch Shell said: “In response to feedback from our investor community we are introducing this new quarterly […]

Shell Announce second quarter 2019 Euro and GBP equivalent dividend payments

Shell Announce second quarter 2019 Euro and GBP equivalent dividend payments

September 9, 2019 No Comments

The Board of Royal Dutch Shell plc (“RDS”) today announced the pounds sterling and euro equivalent dividend payments in respect of the second quarter 2019 interim dividend, which was announced on August 1, 2019 at US$0.47 per A ordinary share (“A Share”) and B ordinary share (“B Share”). Dividends on A Shares will be paid, […]

Shell upstream showcases future plans

Shell upstream showcases future plans

September 3, 2019 No Comments

Shel is investing $700-800 million in the UK Continental Shelf annually and Steve Phimister is confident this level of outlay will be sustained for the next few years. Mr Phimister, vice-president of Shell’s UK upstream business, highlighted the company’s ambitious drilling plans for the basin. Shell remains in the hunt for “bolt-on” acquisitions and farm […]

Royal Dutch Shell  Announce Second quarter 2019 results

Royal Dutch Shell Announce Second quarter 2019 results

August 1, 2019 No Comments

Royal Dutch Shell earnings in the three months to June 30 declined to $3.5bn. On Thursday August 1, 2019 at 07.00 BST (08.00 CEST and 02.00 EDT) Royal Dutch Shell plc released its second quarter results and second quarter interim dividend announcement for 2019. Compared with the second quarter 2018, CCS earnings attributable to shareholders […]

Shell invests in PowerNap subsea tie-back in Gulf of Mexico

Shell invests in PowerNap subsea tie-back in Gulf of Mexico

August 1, 2019 No Comments

Shell Offshore Inc. (Shell), a subsidiary of Royal Dutch Shell plc, has taken the final investment decision (FID) for the PowerNap deep-water project in the US Gulf of Mexico. PowerNap is a subsea tie-back to the Shell-operated Olympus production hub. The project is expected to start production in late 2021 and produce up to 35,000 […]

Shell Announces Quarterly Dividend

Shell Announces Quarterly Dividend

August 1, 2019 No Comments

The Board of Royal Dutch Shell plc (“RDS” or the “Company”) today announced an interim dividend in respect of the second quarter of 2019 of US$0.47 per A ordinary share (“A Share”) and B ordinary share (“B Share”), equal to the US dollar dividend for the same quarter last year. Details relating to the second […]

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