European oil majors Shell and Total announced Monday plans to cut capital expenditure by around 20% and suspend their share buybacks as part of a raft of measures to strengthen balance sheets in response to collapsing oil prices and the economic impact of the global coronavirus pandemic. [Read more…] about Shell, Total cut spending, share buybacks in response to oil price slump and corona virus
Plan for a mega project with green hydrogen offshore the Netherlands
Shell, Gasunie and Groningen Seaports unveiled plans to build Europe’s largest green hydrogen plant in the Eemshaven in Groningen. [Read more…] about Plan for a mega project with green hydrogen offshore the Netherlands
Deep Down received order from Shell for work related to Whale development
Deep Down, a specialist in complex deep-water oil and gas distribution equipment and services, announced that it has received an order from Shell Offshore for work related to its Whale development in the U.S. Gulf of Mexico. [Read more…] about Deep Down received order from Shell for work related to Whale development
Shell: Customers will drive the energy transition
Two dominant energy industry themes – the move to cleaner energy and digitalisation – can be combined to ‘positively impact each other’, Shell CTO Yuri Sebregts told the annual meeting of energy technology heavyweight Baker Hughes in Florence on Tuesday.
[Read more…] about Shell: Customers will drive the energy transition
EBN and Shell joining geothermal heat consortium in the Netherlands
Energie Beheer Nederlands (EBN) and oil company Shell are joining a geothermal heat consortium in Leeuwarden, Netherlands that plans development of geothermal heating projects locally. [Read more…] about EBN and Shell joining geothermal heat consortium in the Netherlands
Shearwater GeoServices awarded Black Sea 3D seismic acquisition contract by Shell
Shearwater is pleased to announce the award of a seismic acquisition contract by Shell. [Read more…] about Shearwater GeoServices awarded Black Sea 3D seismic acquisition contract by Shell
Shell to buy French floating wind developer
Shell has signed an agreement to buy a French renewable energy developer that specialises in floating offshore wind developments. [Read more…] about Shell to buy French floating wind developer
Shell mastering deepwater challenges with another Floating Production Unit for GoM
Singapore based maritime builder ‘Sembcorp Marine’ secures a contract from Global Energy Giant ‘Shell’ for Construction and Integration of FPU for Whale Field in the Gulf of Mexico. [Read more…] about Shell mastering deepwater challenges with another Floating Production Unit for GoM
TechnipFMC awarded EPCI contract for Shell Perdido Phase 2 Development
TechnipFMC has been awarded an integrated Engineering, Procurement, Construction and Installation contract by Shell for the Perdido Phase 2 development, located in the Gulf of Mexico. [Read more…] about TechnipFMC awarded EPCI contract for Shell Perdido Phase 2 Development
Subsea 7 awarded contract offshore UK
Subsea 7 announced the award of a sizeable contract by Shell for the Pierce depressurization project, located approximately 160 miles offshore, east of Aberdeen. [Read more…] about Subsea 7 awarded contract offshore UK
