
Shell writes down assets again
Shell has said it will write down the value of oil and gas assets by US$3.5 billion to US$4.5 billion.
Stay up to date with the latest news and updates from the oil industry.

Shell has said it will write down the value of oil and gas assets by US$3.5 billion to US$4.5 billion.

GE Power Conversion is to supply the motors for the water injection pumps which will equip a future FPSO vessel in Brazil.

Operator Neptune Energy estimates the project will add 2.4 million m3 of oil equivalent (15 million bbl o.e.) from Gjøa.

Gas production has started at the R Cluster, the ultra-deepwater gas field off the east coast of India being developed by Reliance Industries and BP.

Tri-D will provide design and advanced manufacturing IP to integrate sensors and electronic components into MISI pipelines used in oil and gas production.

The American Petroleum Institute (API) has issued Recommended Practice (RP) 97L, a first edition standard that improves communication between onshore well operators and drilling contractors to enhance overall safety and environmental management.

Equinor has awarded two contracts worth NOK1.3 billion in connection with the Northern Lights project.

Glacier Energy will provide export gas coolers for Total Exploration and Production UK’s North Alwyn Platform, in the North Sea.

The deal is expected to provide the catalyst for future international expansion in the Middle East and, in particular, Saudi Arabia.

The engageSubsea remote serves as an equipment inspection tool, support and management platform.

Deepak Atyam, Tri-D Dynamics, examines the benefits of digitising oil well pipes.

Fugro will provide positioning services for an exploration programme in Block 52 in the Guyana-Suriname Basin.