Shell Trinidad and Tobago Ltd., a subsidiary of Shell plc, has taken a significant step forward with its decision to develop the Manatee gas field located in the East Coast Marine Area (ECMA) of Trinidad and Tobago. This decision marks a critical phase in Shell’s strategy to expand its Integrated Gas business and leverage the […]
Shell Nederland Raffinaderij B.V., a subsidiary of Shell plc, has announced a temporary pause in construction activities at its biofuels facility located at the Shell Energy and Chemicals Park Rotterdam, Netherlands. This strategic decision is aimed at addressing project delivery challenges and ensuring the future competitiveness of the facility, which is designed to produce up […]
Shell Canada Products, a subsidiary of Shell plc, has reached a pivotal moment with its announcement of the Final Investment Decision (FID) for the Polaris carbon capture project at the Shell Energy and Chemicals Park, Scotford in Alberta, Canada. This initiative marks a significant stride in the company’s sustainability efforts, aiming to capture roughly 650,000 […]
Shell Eastern Trading Pte. Ltd., a subsidiary of Shell plc, has agreed to acquire Pavilion Energy Pte. Ltd. from Carne Investments Pte. Ltd., an indirect wholly-owned subsidiary of Temasek. The deal involves acquiring 100% of Pavilion Energy’s shares, significantly enhancing Shell’s position in the liquefied natural gas (LNG) market. Pavilion Energy is recognized for its […]
In a significant step towards ensuring the UK’s energy security and supporting the domestic economy, the North Sea Transition Authority (NSTA) has offered 24 new licenses to 17 companies as part of the second tranche of the 33rd oil and gas licensing round. This move, announced on January 31, 2024, sees industry giants such as […]
In a significant move within the Nigerian oil industry, Shell has reached an agreement to sell its onshore subsidiary, The Shell Petroleum Development Company of Nigeria Limited (SPDC), to a consortium named Renaissance. This consortium is a collaboration of five companies, including four Nigeria-based exploration and production companies and an international energy group. The deal, […]
Petrofac has initiated a multi-million-dollar front-end-engineering design (FEED) for the Aramis carbon transport and storage (CCS) system in the Netherlands. This development is a significant step towards achieving the decarbonization goals set by the European Union in the European Green Deal and the Dutch Climate Agreement. Aramis is a collaborative project involving TotalEnergies, Shell, Energie […]
Shell Upstream Overseas Services (I) Limited (SUOS), an affiliate of Shell plc, has finalized its divestment of a 35% interest in Indonesia’s Masela Production Sharing Contract (Masela PSC) for a base consideration of $325 million in cash. This deal, which also encompasses the Abadi gas project, comes after attaining the necessary regulatory approval from Indonesia’s […]
Marking a pivotal stride in Sarawak’s energy landscape, the Sarawak Integrated Sour Gas Evacuation System (SISGES) project celebrates its launch with a cornerstone-laying event for its initial phase of the Bintulu onshore gas plant. Key Insights: Leadership Presence: The Premier of Sarawak, Datuk Patinggi Tan Sri Dr Abang Haji Abdul Rahman Zohari Tun Abang Haji […]
Aker Solutions has won a contract valued between NOK 0.5 billion and NOK 1.5 billion from Shell to deliver brownfield modifications and maintenance support for the Nyhamna gas processing plant in Norway. Shell, operating as the technical service provider to Gassco, has extended a framework agreement with Aker Solutions until September 2028. This substantial contract […]