Shell news
Tailwind Energy buys BP's stake in Shearwater field
BP currently holds a 27.5% non-operated interest in the Shearwater condensate and gas field, operated by Shell, in the UK Central North Sea.
Shell sells interest in Philippines gas field for US$460 million
Shell is selling its interest in the Malampaya gas field to Malampaya Energy XP Pte Ltd., a subsidiary of Udenna Corp.
Maersk Training and Shell establish offshore training partnership for Gulf of Mexico
Maersk Training will deliver safety, pool survival, well control and process training in the region.
Shell announces 1Q21 profits
Shell has announced a profit of of US$3.23 billion in the first three months of 2021.
Shell joins group tackling offshore methane emissions monitoring in North Sea
Leading the group is unmanned aviation business Flylogix, who alongside US gas sensor technology company SeekOps and supported by OGTC, are operationalising the accurate measurement of methane emissions in the offshore environment.
Shell contracts Velesto rig for Malaysia campaign
The contract is for Velesto’s jack-up rig NAGA 4 to drill seven firm wells, with an estimated contract value of US$17.68 million.
Storm Uri expected to have adverse effect on Shell's 1Q21 earnings
Storm Uri is expected to have an aggregate adverse impact of up to US$200 million on the company's adjusted earnings in 1Q21.
Maersk Drilling to drill four developments wells for Shell offshore Malaysia
The Maersk Viking drillship will drill four development wells at the Gumusut-Kakap project offshore Malaysia.
Qatar Petroleum becomes partner with Shell in Namibia offshore exploration blocks
Qatar Petroleum will hold a 45% participating interest in the PEL 39 exploration license pertaining to Block 2913A and Block 2914B, while Shell (the operator) will hold a 45% interest, and the National Petroleum Corporation of Namibia (NAMCOR) will hold the remaining 10% interest.
Shell and Deltic Energy to drill Pensacola well in North Sea
Deltic estimates that the Pensacola Prospect contains gross P50 Prospective Resources of 309 billion ft3 (with a P90-P10 range of 39 billion ft3 to 1181 billion ft3).