Shell

  • Heir Acquires 45% Stake in Nigeria’s OML

    Heir Acquires 45% Stake in Nigeria’s OML

    Sunday, 17th January 2021

    Heirs Holdings Company announced it has acquired of in partnership with Transactional Corporation of Nigeria a stake of 45% in Nigerian Oil License OML 17 and related assets from companies of Shell, Total and Eni through TNOG Oil and Gas limited.

  • Bolivia Announces Natural Gas Discovery of 1 tcf

    Bolivia Announces Natural Gas Discovery of 1 tcf

    Sunday, 27th December 2020

    Bolivia has made a new natural gas discovery of 1 trillion cubic feet (tcf) in the Caipipendi field of the southern department of Chuquisaca and the country plans for its exploitation in 2021.

  • Shell Reduces Assets Value Up to $4.5 B

    Shell Reduces Assets Value Up to $4.5 B

    Tuesday, 22nd December 2020

    Shell reduced the value of its oil and gas assets by $3.5 billion to $4.5 billion to adjust to a more vulnerable outlook in Q4 2020.

  • Shell Sells QCLNG Facilities to GIP for $2.5 B

    Shell Sells QCLNG Facilities to GIP for $2.5 B

    Monday, 21st December 2020

    Shell agreed to sell 26.25% interest in the Queensland Curtis LNG (QCLNG) common facilities to Global Infrastructure Partners (GIP) Australia for $2.5 billion.

  • Norway Approves Final Investment Decision for Northern Lights Project

    Norway Approves Final Investment Decision for Northern Lights Project

    Wednesday, 16th December 2020

    Norway announced its approval of the final investment decision for the Northern Lights project which will enable shipping, reception and sequestration of CO2 in geological strata in the Northern North Sea, approximately 2,600 meters below the seabed.

  • IOCs Highlight Egypt’s Investment Potentials During AEC

    IOCs Highlight Egypt’s Investment Potentials During AEC

    Tuesday, 15th December 2020

    Shell and Schlumberger have participated in the fourth edition of Al-Ahram Energy Conference (AEC) to discuss their investments in Egypt.

  • ExxonMobil in Talks to Buy Stakes in Indian Oil fields

    ExxonMobil in Talks to Buy Stakes in Indian Oil fields

    Wednesday, 2nd December 2020

    Indian Oil Minister, Dharmendra Pradhan, stated that ExxonMobil is on talks to buy a stake in oil and gas fields in India.

  • BHP Awards Shell LNG Supply Contract

    BHP Awards Shell LNG Supply Contract

    Tuesday, 1st December 2020

    BHP company has awarded Shell company its first liquified natural gas (LNG) supply contract for five-year terms to fuel BHP’s carriers which will transport iron ore between Western Australia and China from 2022.

  • Aramco Signs Six MoUs to Boost Flagship Prgram

    Aramco Signs Six MoUs to Boost Flagship Prgram

    Tuesday, 1st December 2020

    Aramco company announced that it has signed six memorandum of standings (MoUs) with companies of Shell, AMG Recycling BV, Suzhou XDM, Xinfoo, SUPCON and Posco to boost its flagship localization program.

  • El Molla Highlights O&G Achievements During BEBA Webinar

    El Molla Highlights O&G Achievements During BEBA Webinar

    Monday, 9th November 2020

    The Minister of Petroleum and Mineral Resources, Tarek El Molla, shared the petroleum sector’s achievements  and challenges in the past period stating that “the oil and gas sector has been moving forward with all its activities and plans steadily despite the volatile circumstances which have proven the efficiency and sustainability of the sector’s strategic plans and bold reforms.” This came during a British Egyptian Business Association’s (BEBA) Egypt’s Green Economy webinar under the title “Future of Oil and Gas: Challenges and Opportunities,” which was held on November 9.