Petrobras, TotalEnergies, Shell, CNOOC and CNPC have taken the investment decision for the fourth phase of the Mero project (Libra block) in the Santos Basin.
According to a document seen by Reuters, Shell has launched the sale of its stakes in the Baram Delta EOR and the SK307 production-sharing contracts, which are operated by Petronas Carigali Sdn Bhd.
The Barracuda project comprises two subsea wells (both 100% Shell owned), one in the Endeavour field and the other in the Bounty field, offshore Trinidad and Tobago.
Shell said that the court did not consider the details of its Powering Progress strategy when ruling that the company must reduce its global net carbon emissions by 45% by 2030 compared to 2019 levels.
ICR will provide engineered composite repairs and weldless connectors for all of Shell's UK Continental Shelf assets.
The company is using Kongsberg Digital’s digital twin technology to create a virtual representation of the Ormen Lange deepwater gas field.
Construction and installation activities at the approximately US$4 billion Jansz-Io Compression project, offshore Western Australia, are estimated to take approximately five years to complete.
Two new wells tied into the Na Kika platform are expected to boost gross platform production by an estimated 20 100 boe/d.
Shell still plans to appeal the court ruling last month that ordered it to reduce greenhouse gas emissions by 45% by 2030 from 2019 levels.