Asset Portfolio
TotalEnergies announces the signing of two transactions in Europe.
[Read more…] about TotalEnergies announces two transactions in EuropeShell agrees to sell BG Cyprus
Sale
Shell has reached an agreement to sell its 100%-owned subsidiary BG Cyprus to MOL Group for up to $720 million.
[Read more…] about Shell agrees to sell BG CyprusShell exploration well offshore Egypt indicates commercial discovery
Oil Discovery
Shell’s Velox-1X exploration well off the coast of Egypt has encountered promising oil indicators and could lead to the first crude oil discovery in the under-explored Western Mediterranean region.
[Read more…] about Shell exploration well offshore Egypt indicates commercial discoveryNigeria discovers oil in OML 74
Fossil Energy
On Tuesday, Nigerian oil producer Renaissance Energy announced that it had made an oil discovery offshore Nigeria after drilling an exploration well in Oil Mining Lease (OML) 74.
[Read more…] about Nigeria discovers oil in OML 74Deepsea Mira Rig wraps up Shell’s drilling job off Namibia
Drilling
Deepsea Mira drilling rig, owned by Northern Ocean (NOL) and managed by Odfjell Drilling, has completed a drilling contract with Shell offshore Namibia.
[Read more…] about Deepsea Mira Rig wraps up Shell’s drilling job off NamibiaShell to sell interest in Gulf of Mexico platform
Sale
Shell Offshore has agreed to sell its 50% non-operated working interest in the Na Kika platform and associated fields in the Gulf of Mexico as well as its 100% owned Coulomb tieback.
[Read more…] about Shell to sell interest in Gulf of Mexico platformShell advances exploration in Namibia’s Orange Basin with latest well results
Exploration
Shell has reported encouraging exploration results from its Merlin-1X exploration well in Petroleum Exploration Licence No. 0039 (PEL 0039), offshore Namibia.
[Read more…] about Shell advances exploration in Namibia’s Orange Basin with latest well resultsNon-Associated Gas Licence for Loran gas field
Shell and bp
Venezuela has announced that it has awarded Shell and bp a Non-Associated Gas Licence for development of the offshore Loran gas field.
[Read more…] about Non-Associated Gas Licence for Loran gas fieldINEOS/Shell explore oil and gas opportunities in Gulf of Mexico
Fossil Energy – Collaboration
INEOS Energy and Shell Offshore have agreed to invest together in exploration and development opportunities.
[Read more…] about INEOS/Shell explore oil and gas opportunities in Gulf of MexicoShell made its biggest upstream investment in years
Fossil Energy – Investment
Shell has agreed to acquire Canadian energy company ARC Resources in a $16.4 billion deal, which will be primarily funded through shares.
[Read more…] about Shell made its biggest upstream investment in years