Acquisition
Equinor and Shell have signed an agreement under which Shell will acquire a 30% interest in the Bay du Nord project offshore Newfoundland and Labrador in Canada.
[Read more…] about Equinor and Shell partner on the Bay du Nord projectEquinor CEO says Rosebank, Jackdaw rejection would be major setback
Fossil Energy
Failure to secure approval for the Rosebank and Jackdaw projects would be a major setback for Equinor’s Adura joint venture with Shell in the North Sea, Equinor CEO Anders Opedal said on Tuesday.
[Read more…] about Equinor CEO says Rosebank, Jackdaw rejection would be major setbackSignificant project milestone for McDermott and Shell
Trinidad & Tobago
Milestone moment for the Shell Manatee project.
[Read more…] about Significant project milestone for McDermott and ShellFrom Guyana to Trinidad exploration is getting bigger and faster
Fossil Energy
ExxonMobil is advancing exploration on Trinidad and Tobago’s TTUD-1 block more quickly than it did during the early stages of its campaign in Guyana.
[Read more…] about From Guyana to Trinidad exploration is getting bigger and fasterShell completes sale of interest in Gulf of Mexico platform
Na Kika Platform
Shell Offshore has completed the previously announced agreement to sell its 50% non-operated working interest in the Na Kika platform and associated fields in the Gulf of Mexico.
[Read more…] about Shell completes sale of interest in Gulf of Mexico platformGhana signs preliminary deal with Shell and Chevron
MoU
The Government of Ghana, the Ghana National Petroleum Corporation (GNPC) and GNPC Explorco have signed a non-binding memorandum of understanding with Shell and Chevron.
[Read more…] about Ghana signs preliminary deal with Shell and ChevronTotalEnergies announces two transactions in Europe
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 74