Shell news

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.

Both companies have confirmed their willingness to proceed with joint implementation of exploration and production projects in western Siberia, including the development of the Achimov, Paleozoic and Jurassic hydrocarbon deposits.

The two companies have completed a survey offshore Egypt on behalf of Shell.

Shell currently has a target to reduce the carbon intensity of its products by at least 6% by 2023, by 20% by 2030, by 45% by 2035 and by 100% by 2050 compared with 2016 levels.