Shell news
Kosmos Energy sells exploration assets to Shell
Under the terms of the agreement, Shell will acquire Kosmos’ participating interest in blocks offshore São Tomé & Príncipe, Suriname, Namibia, and South Africa.
Akselos deploys digital twin of Shell’s Bonga FPSO
The Bonga Main FPSO, which became operational in 2004, has a capacity of 225 000 bpd and weighs over 300 000 t, making it the largest asset in the world to be protected by a structural Digital Twin.
Shell delivers seismic data for Pensacola prospect
The Deltic Energy-Shell partnership is now working on updating the interpretation of the Pensacola structure in the North Sea.
African Energy Chamber: European travel bans restraining recovery efforts
The African Energy Chamber has said that the ongoing travel bans and restrictions of visa issuance are preventing many projects from moving forward and contributing to the recovery of the continent.
Shell's revised 2Q20 outlook warns of impairments of up to US$22 billion
The impairment charges anticipated are based upon the company expecting the price of Brent to be average approximately US$35/bbl in 2020 and the Henry Hub gas spot price US$1.75/MMBtu.
Shell awards FPSO decommissioning contract to AF Gruppen
The Curlew FPSO operated in the North Sea.
Shell starts sale of sale of stakes in Norwegian assets: document
The company is selling its 6.45% interest in the Kvitebjorn field and pipeline and its 3.225% interest in the Valemon Unit and Valemon Rich Gas Pipeline, according to a document seen by Reuters.
Shell redelivers Havila platform supply vessel early
Havila Shipping has said it and Shell have different views on the obligation of Shell in a charter party based on two wells.
Equinor, Shell and Total to invest in Northern Lights CCS project
The three companies have submitted plans for development and operation of the carbon capture and storage project to Norway's Ministry of Petroleum and Energy.
Shell sells Appalachia shale gas assets to National Fuel
The transaction includes the transfer of approximately 450 000 net leasehold acres across Pennsylvania, with approximately 350 producing Marcellus and Utica wells in Tioga County and associated facilities.