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Offshore & subsea - 31 August 2021

 
 

Shell makes FID on Timi gas project

The Timi development features Shell's first wellhead platform in Malaysia powered by a solar and wind hybrid renewable power system.

 
 

INEOS completes acquisition of Hess assets in Denmark

INEOS acquires 61.5% of the Syd Arne oilfield, currently operated by Hess, which complements the 36.8% share INEOS already holds in the field. INEOS will also acquire 4.8% of the Solsort field, which is already operated by INEOS.