Tag Archives: Shell

Shell sold its 20% stake in Vivo Energy Holding B.V. for US$250 million

THE HAGUE, 27-Apr-2017 — /EuropaWire/ — Shell has completed the sale of its 20% interest in Vivo Energy Holding B.V. to Vitol Africa B.V. for a total amount of US$250 million. This sale was earlier announced on 23 December 2016 … Read the full press release

Shell’s 2016 Sustainability Report Outlines Global Approach to Sustainability

THE HAGUE, 18-Apr-2017 — /EuropaWire/ — Royal Dutch Shell has published its Sustainability Report for 2016 which describes how it is working responsibly to help meet the world’s growing demand for more and cleaner energy. The Sustainability Report 2016 outlines … Read the full press release

Shell divested 31.2% shareholding in Showa Shell Sekiyu K.K. to Idemitsu Kosan Co. Ltd. for US$1.4 billion

Shell has completed the sale of a 31.2% shareholding in Showa Shell Sekiyu K.K. to Idemitsu Kosan Co. Ltd. for a total amount of JPY159 billion (approximately US$1.4 billion). Completion follows anti-trust approval from the Japan Fair Trade Commission. THE … Read the full press release

Shell Aviation Australia Pty Ltd acquired by Viva Energy Australia Pty Ltd for $250 million USD

Shell has signed an agreement with Viva Energy Australia Pty Ltd (“Viva Energy”) for the sale of Shell Aviation Australia Pty Ltd for a total transaction value of approximately $250 million USD. It follows the sale of Shell’s other downstream … Read the full press release

Shell: Stones development in the Gulf of Mexico starts production

THE HAGUE, 08-Sep-2016 — /EuropaWire/ — Shell announces today that production has started from the Stones development in the Gulf of Mexico. Stones is expected to produce around 50,000 barrels of oil equivalent per day (boe/d) when fully ramped up at … Read the full press release

Shell’s new exploration discovery: initial estimated recoverable resources for the Fort Sumter well are more than 125 million barrels of oil equivalent (boe)

Discovery further enhances Shell’s deep water position LONDON, 28-Jul-2016 — /EuropaWire/ — Shell today announced a new exploration discovery in the deep water U.S. Gulf of Mexico. The initial estimated recoverable resources for the Fort Sumter well are more than 125 … Read the full press release

DNV GL kickstarts joint industry project to standardize subsea processing systems

A joint industry project (JIP) to standardize subsea processing systems has been kickstarted by DNV GL with industry partners Petrobras, Shell, Statoil and Woodside. Subsea development projects have been under substantial pressure due to cost inflation and the low oil … Read the full press release

Shell to sell its 51% shareholding in Shell Refining Company (SRC) in Malaysia for $66.3 million

THE HAGUE, 02-Feb-2016 — /EuropaWire/ — Shell has reached a conditional agreement with Malaysia Hengyuan International Limited (MHIL) for the sale of its 51% shareholding in the Shell Refining Company (SRC) in Malaysia for $66.3 million. It is MHIL’s intention for … Read the full press release

Transocean Ltd. announces Shell to terminate harsh environment semisubmersible Polar Pioneer contract prior to its expiration in July 2017

ZUG, SWITZERLAND, 30-12-2015 — /EuropaWire/ — Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced today that Shell has elected to terminate the contract for the harsh environment semisubmersible Polar Pioneer prior to its expiration in July 2017. Transocean will be compensated for … Read the full press release

Shell completes the sale of its retail, commercial fuels and supply & distribution logistics businesses in Norway

THE HAGUE, 5-10-2015 — /EuropaWire/ — Shell has completed the sale to St1 Nordic Oy of Smart Fuel AS, Shell’s retail, commercial fuels and supply & distribution logistics businesses in Norway. The Shell brand will continue to be highly visible … Read the full press release

Eastern Economic Forum in Vladivostok: Gazprom, BASF, E.ON, ENGIE, OMV and Shell sign Shareholders’ Agreement on Nord Stream 2 pipeline project to enhance supply of natural gas to EU’s market

Vladivostok, Russia, 8-9-2015 — /EuropaWire/ — Today (04.09.2015) at the Eastern Economic Forum in Vladivostok, Alexey Miller, Chairman of the Gazprom Management Committee, Kurt Bock, Chairman of the Board of Executive Directors of BASF SE, Klaus Schäfer, Member of the … Read the full press release

Shell to sell its 75% stake in Tongyi Lubricants in China to Huo’s Group and The Carlyle Group

Shell has signed an agreement to sell its 75% stake in Tongyi Lubricants in China to Huo’s Group and The Carlyle Group. The transaction is expected to complete by late 2015 or early 2016, subject to regulatory approvals. THE HAGUE, … Read the full press release

Universities of Twente and Leiden, Akzo Nobel, Shell, Magneto special anodes and Elson Technologies partner over improvement of electrochemical processes

Enschede, Netherlands, 16-4-2015 — /EuropaWire/ — NWO, the Netherlands Organisation for Scientific Research, recently announced that it will grant five ‘Technology Area subsidies’ to chemical sciences researchers who closely cooperate with the corporate sector. Within one of the approved projects, Guido Mul … Read the full press release

Shell signs with Alimentation Couche-Tard for the sale of its marketing operations in Denmark; to be managed by Statoil Fuel and Retail A/S

THE HAGUE, 20-3-2015 — /EuropaWire/ — Shell has reached agreement with Couche-Tard for the sale of its marketing operations in Denmark, comprising retail, commercial fleet, commercial fuels, aviation and connected trading & supply products businesses. The businesses will be managed … Read the full press release

Shell joins BMW Motorsport in its DTM, USCC and the “Green Hell” races in 2015 as its new Premium Technology Partner

Munich (DE), 17-2-2015 — /EuropaWire/ — A strong partner for the new season: when BMW Motorsport races in the DTM, the United SportsCar Championship (USCC) and the 24-hour race at the Nürburgring-Nordschleife (DE) in 2015, it will be joined by Shell … Read the full press release

Cargotec: MacGregor signs contract with Shell for Pusnes permanent mooring system

HELSINKI, 24-11-2014 — /EuropaWire/ — MacGregor, part of Cargotec, has signed a contract with Shell for a Pusnes permanent mooring system. Contract value is around EUR 20 million. “We are very happy to finalise this large contract,” says Jan Martin … Read the full press release

Shell, BP, Maersk, Stena, NYK, MOL and “K” Line Joint Shipping Initiative give $1.5M additional funds to UNDP’s “Alternative Livelihoods to Piracy in Puntland and Central Regions of Somalia” project

The Joint Shipping Initiative – made up of Shell, BP, Maersk, Stena and Japanese shipping companies NYK, MOL and “K” Line – today announced it has given $1.5 million of additional funds to a United Nations Development Programme (UNDP) project … Read the full press release

Gazprom, Shell sign memorandum-roadmap for the third LNG production train within Sakhalin II project

Sochi, Russia, 24-2-2014 — /EuropaWire/ — Sochi hosted today the signing of a memorandum-roadmap between Alexey Miller, Chairman of the Gazprom Management Committee and Ben van Beurden, Chief Executive Officer of Shell. The document envisages the preparation of FEED documentation for the third LNG production train within the Sakhalin II project. “The … Read the full press release

Fugro Subsea Services wins USD 250 million 5-year contract for underwater inspection, maintenance and repair services in Malaysia

Leidschendam, Netherlands, 18-2-2014 — /EuropaWire/ — Fugro Subsea Services has been awarded a long term contract by Sarawak Shell Berhad / Sabah Shell Petroleum Company Limited (Shell) for the provision of underwater inspection, maintenance and repair services at their subsea infrastructure across … Read the full press release

Shell acquired additional 23% interest in Parque das Conchas project offshore Brazil for US $1 billion

Shell today announces it has completed the acquisition of an additional 23% interest in the Parque das Conchas (BC-10) project offshore Brazil for US $1 billion. The Hague, Netherlands,  02-1-2014 — /EuropaWire/ — Regulatory approvals have been obtained and Shell will now … Read the full press release

Shell announced successful exploratory well at Vicksburg in the deep-water Gulf of Mexico

5-7-2013 — /europawire.eu/ — Shell today announces a successful exploratory well at Vicksburg in the deep-water Gulf of Mexico. The well is located 75 miles (120 kilometers) offshore in the Mississippi Canyon Block 393 in 7,446 feet (2,269 meters) of water. … Read the full press release