Tag Archives: Shell

First oil production from the giant Clair Ridge project in the West of Shetland region offshore UK

Major UK North Sea development is sixth new upstream project to come on stream for BP in 2018. Targeting 640 million barrels of oil reserves; peak production of 120,000 barrels of oil a day. First offshore deployment of BP’s ground-breaking … Read the full press release

Royal Dutch Shell plc to sell its shares in Shell Olie-og Gasudvinding Danmark B.V. (SOGU) for $1.9 billion to Norwegian Energy Company ASA (Noreco)

THE HAGUE, 18-Oct-2018 — /EuropaWire/ — Royal Dutch Shell plc (Shell), through its affiliate Shell Overseas Holdings Limited, has reached an agreement with publicly listed Norwegian Energy Company ASA (Noreco), to sell its shares in Shell Olie-og Gasudvinding Danmark B.V. (SOGU) … Read the full press release

Shell to invest in major liquified natural gas (LNG) project in Kitimat, British Columbia, Canada

THE HAGUE, 08-Oct-2018 — /EuropaWire/ — Shell Canada Energy, an affiliate of Royal Dutch Shell plc (“Shell”), today announced it has taken a final investment decision (FID) on LNG Canada, a major liquified natural gas (LNG) project in Kitimat, British Columbia, Canada, … Read the full press release

Shell completes sale of its Downstream business in Argentina to Raízen for US$916 million

THE HAGUE, 02-Oct-2018 — /EuropaWire/ — Shell CAPSA (Shell), a subsidiary of Royal Dutch Shell plc, has completed the sale of its Downstream business in Argentina to Raízen for US$916 million in cash, subject to final price adjustments. The sale … Read the full press release

BP, Equinor, Total and Shell join forces to create an industry framework for human rights supplier assessments

The HAGUE, 25-Sep-2018 — /EuropaWire/ — Participating companies recognise the importance of working with suppliers that respect human rights, in line with the UN Guiding Principles on Business and Human Rights, including the fundamental conventions of the International Labour Organization (ILO), … Read the full press release

Total to sell ts 26% minority equity stake in Hazira LNG regasification terminal in India to Shell

PARIS, 29-Aug-2018 — /EuropaWire/ — Total has signed a binding Letter of Intent (LOI) with Shell for the sale of its 26% minority equity stake in Hazira LNG regasification terminal in India. The transaction remains subject to the approval of regulatory … Read the full press release

DNV GL to support Shell’s Penguins Field redevelopment on the UK Continental Shelf

DNV GL has won a cross-service contract to support Shell’s Penguins Field redevelopment on the UK Continental Shelf. OSLO, 10-Aug-2018 — /EuropaWire/ — The contract with Shell involves a team which will deliver an integrated verification and class project for the … Read the full press release

Shell: The Blauwwind Consortium announces Financial Close on the Borssele III/IV wind farms in the Dutch North Sea

The Blauwwind Consortium today announced Financial Close on the Borssele III/IV wind farms in the Dutch North Sea. This sets in motion the construction and subsequent operation of 77 V164 9.5 megawatt (MW) turbines produced by MHI Vestas, with a … Read the full press release

Shell completes sale of its 15% shareholding in Malaysia LNG Tiga for $750 million

The HAGUE, 20-Jun-2018 — /EuropaWire/ — Shell Gas Holdings (Malaysia) Limited, a subsidiary of Royal Dutch Shell plc, announced today that it has completed the sale of its 15% shareholding in Malaysia LNG Tiga Sdn Bhd (MLNG Tiga) to the … Read the full press release

Shell: the sale of A/S Dansk Shell will not complete

THE HAGUE, 03-Jan-2018 — /EuropaWire/ — Shell announces today (Jan 2, 2018) that the agreement it signed with Dansk Olieselskab AS (DO) in September 2016 regarding the sale of A/S Dansk Shell, which consists of the Fredericia refinery and local trading … Read the full press release

Shell closes the sale of its entire LPG business in Hong Kong and Macau

THE HAGUE, 03-Jan-2018 — /EuropaWire/ — Shell has completed the sale of the first phase of its Hong Kong and Macau LPG marketing business to DCC LPG on 31st December 2017. Shell continues to operate the LPG plant in Hong Kong, which is … Read the full press release

BP, Eni, ExxonMobil, Repsol, Shell, Statoil, Total and Wintershall commit to reduce methane emissions from the natural gas assets they operate

the HAGUE, 24-Nov-2017 — /EuropaWire/ — BP, Eni, ExxonMobil, Repsol, Shell, Statoil, Total and Wintershall today committed to further reduce methane emissions from the natural gas assets they operate around the world. The energy companies also agreed to encourage others across … Read the full press release

Shell enters Mexico’s retail fuel market with the opening of its first service station

THE HAGUE, 08-Sep-2017 — /EuropaWire/ — Shell today opened its first service station in Mexico, with more sites due to start providing Mexican motorists with high-quality Shell fuels and retail services over the next few months. Over the next 10 … Read the full press release

Shell: new era for the Australian LNG export industry with the arrival of the Prelude FLNG facility

the HAGUE, 28-Jul-2017 — /EuropaWire/ — Shell Australia today confirmed that its Prelude floating liquefied natural gas (FLNG) facility has arrived in Australian waters. Prelude is the first deployment of Shell’s FLNG technology, that will see a 488 metre long floating … Read the full press release

Shell completes sale of its Australian aviation business to Viva Energy Australia for approximately US$ 250 million

THE HAGUE, 01-Jun-2017 — /EuropaWire/ — Following regulatory approval, Shell has completed the sale of its Australian aviation business (“Shell Aviation Australia Pty Ltd”) to Viva Energy Australia Pty Ltd (“Viva Energy”) for a total transaction value of approximately US$ 250 … Read the full press release

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