Extending simulation technology from the design world into the operational world
John Bell, Akselos, looks at the new super-fast simulation technology that is helping companies in the upstream industry achieve asset life extension.
Browse the latest shell news news and articles.
John Bell, Akselos, looks at the new super-fast simulation technology that is helping companies in the upstream industry achieve asset life extension.
Shell plan to use Trendsetter’s 15 000 psi 2 in. connectors to deliver gas lift service in the Princess Field located in the Gulf of Mexico.
A number of high-profile deals were signed at this year's St Petersburg International Economic Forum in Russia.
The company said the floating production system, located in the first producing field in the Norphlet area, will produce around 175 000 boe/d of oil and gas.
The winning companies offered bids totalling US$724 million, the government said in official statements, and won the rights to explore for up to 13 years in areas of the South Atlantic.
The company’s share will increase from 23.55% to 46%.
The company’s latest research reveals the top five companies with the greatest ABEX exposure from producing fields in the UK.
Sabah Shell Petroleum Company Ltd, a subsidiary of Royal Dutch Shell, has signed an offshore master service agreement (MSA) with BMT.
BMT has secured a new contract with Shell’s platforms offshore Malaysia
“Through this transformational acquisition, Noreco will become the second largest oil and gas producer in Denmark and establish itself as a considerable exploration and production company in the North Sea,” said Riulf Rustad, Chairman of the Board of Noreco.
The transaction increases Pin Oak Energy’s acreage position across the Appalachian Basin to 167 000 net deep acres.
A total new-build capital expenditure (CAPEX) of US$846 billion is expected to be spent globally on planned and announced upstream projects from 2019 to 2025.