Stena Drilling has won a new contract in Egypt with Shell’s subsidiaries BG Delta Limited and BG International for the Stena Forth mobile offshore drilling unit (MODU). According to the Scottish drilling contractor, the Stena Forth drilling unit is expected to begin operations in Egypt this year after its existing contractual commitments are completed. The […]
Indian state-owned Oil and Natural Gas Corporation Limited (ONGC) has entered into a memorandum of understanding (MoU) with Shell to collaborate on carbon capture, utilization, and storage (CCUS) studies. The partnership will be centered on joint CO2 storage study and screening assessment of enhanced oil recovery (EOR) for major basins in India including depleted oil […]
Petrofac, a services provider to the energy industry, has bagged three new engineering and procurement services (EPS) contracts in Oman from Shell. The first of the scopes is an EPS contract for five years for the Mabrouk phase 2 project in Block-10, Al Wusta Governate, located nearly 400km from Muscat. The contract was awarded by […]
Vestas has been selected as the preferential supplier of turbines by Shell New Energies and EDF Renewables for the 1.5GW Atlantic Shores offshore wind project in New Jersey. Under the contract, the Danish wind turbine manufacturer will supply its V236-15.0 MW offshore wind turbines, which are expected to be installed at the Atlantic Shores project […]
Sabah Shell Petroleum Company (SSPC), a subsidiary of Shell has taken a final investment decision (FID) on the Phase 4 development of the Gumusut-Kakap-Geronggong-Jagus East deepwater oil field project (GKGJE oil project), off the coast of Sabah, Malaysia. Located in water depths of 1,200 meters, the Gumusut-Kakap field entered into production in 2014 through the […]
Scottish offshore drilling contractor Odfjell Drilling has bagged a contract from Norske Shell for using the Deepsea Yantai drilling rig for a well plugging and abandonment campaign in the Norwegian North Sea. The Deepsea Yantai rig is owned by CIMC OFFSHORE and is managed by Odfjell Drilling. A total of nine wells at four different […]
ExxonMobil said that its affiliates have agreed to divest all of the company’s interests in the Aera oil-production operation in California to Green Gate Resources E, a subsidiary of IKAV, for around $2 billion in cash with additional contingent payments to be made on future oil prices. The deal involves the sale of a stake […]
Maersk Drilling has bagged a contract for the Maersk Resilient jack-up rig from Shell UK for the drilling of the Pensacola well in the UK North Sea. The Danish drilling rig operator said that the offshore drilling contract for the Pensacola well is likely to begin in the latter half of this year. It will […]
Petrofac said that it has bagged a five-year integrated services provider (ISP) contract from UK-based oil and gas firm Anasuria Operating Company (AOC). The oilfield services provider will be responsible for arranging onshore and offshore personnel and providing a variety of technical support services. The contract, which begins in June, has an option to extend. […]
UK-based energy giant Shell has closed its previously announced sale of retail and lubricants businesses in Russia, that operates as Shell Neft, to Russian oil and gas firm LUKOIL. The transaction, which was announced in March 2022, was approved by Russia’s Federal Antimonopoly Service. The financial terms of the deal were not revealed. It was […]