Royal Dutch Shell has bagged approval from the Australian National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) for moving ahead with the Crux gas project in Western Australian waters. In 2018, the company’s subsidiary Shell Australia filed an offshore project proposal (OPP) to NOPSEMA for the development of the Crux gas field in Browse Basin. […]
Royal Dutch Shell said that one of its subsidiaries SWEPI has wrapped up the $541 million divestiture of its Appalachia shale gas asset to National Fuel Gas Company’s subsidiaries Seneca Resources Company and NFG Midstream Covington. The deal, which was announced in May 2020, includes the transfer of nearly 450,000 net leasehold acres in Pennsylvania, […]
Petrobras and its partners have ramped up production in Block BM-S-11A (Iara cluster) in the deepwater Santos Basin pre-salt offshore Brazil by starting production from the P-70 floating production storage and offloading vessel (P-70 FPSO). According to Total, a participant in Block BM-S-11A, the P-70 FPSO, which will produce the reserve of the Atapu field, […]
Oil and gas giants Equinor, Shell and Total have taken the decision to make initial investments of nearly NOK 6.9 billion ($680 million) in the Northern Lights CCS project, the first-ever carbon capture and storage project (CCS Project) on the Norwegian Continental Shelf. Equinor said that plans for development and operation of the CCS project […]
Shell Australia has started construction on its first industrial-scale solar project in Australia – the 120MW Gangarri solar farm near Wandoan in central Queensland. The solar farm will be powered by approximately 400,000 photovoltaic panels. It is expected to create 200 new jobs during the construction period and is scheduled to be completed early next year. […]
Colombian oil and gas company Ecopetrol and Royal Dutch Shell are joining forces to develop the newly discovered offshore Colombian Caribbean gas province. In this connection, Shell, through its subsidiary, Shell EP Offshore Ventures agreed to acquire a stake of 50% in the Fuerte Sur, Purple Angel, and COL-5 blocks. These Colombian Caribbean deep-water blocks […]
Martinez oil refinery sale : Equilon Enterprises, which trades as Shell Oil Products US, a subsidiary of Royal Dutch Shell, has formally wrapped up the $1.2 billion sale of the Martinez Refinery in California to PBF Holding Company, a subsidiary of PBF Energy. The sale, which was announced in July 2019, includes the oil refinery and inventory apart […]
Equinor and its partner Royal Dutch Shell have wrapped up a joint acquisition of the 49% stake held by Schlumberger in the onshore Bandurria Sur block in the Argentine province Neuquén. Each partner paid $177.5 million for their 24.5% interest in the Argentine onshore block, which spans nearly 56,000 gross acres in the central area […]
Eni and its partners have taken the final investment decision (FID) for the Nigeria LNG Expansion Project, the expansion project of their existing liquefied natural gas (LNG) plant located at Bonny Island in Nigeria. According to the Italian oil and gas giant, the brownfield development at the NLNG plant, which is slated to be brought […]
Maersk Drilling has signed a contract worth around $39 million with Royal Dutch Shell’s subsidiary BG International for its semi-submersible rig Mærsk Developer to be deployed for a two-well development project offshore Trinidad and Tobago. The Danish drilling rig operator said that the estimated duration of the contract is 171 days, with work likely to begin […]