Shell says it will accelerate energy transition strategy following Dutch court ruling
Shell still plans to appeal the court ruling last month that ordered it to reduce greenhouse gas emissions by 45% by 2030 from 2019 levels.
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Shell still plans to appeal the court ruling last month that ordered it to reduce greenhouse gas emissions by 45% by 2030 from 2019 levels.
Both companies have confirmed their willingness to proceed with joint implementation of exploration and production projects in western Siberia, including the development of the Achimov, Paleozoic and Jurassic hydrocarbon deposits.
The two companies have completed a survey offshore Egypt on behalf of Shell.
Shell currently has a target to reduce the carbon intensity of its products by at least 6% by 2023, by 20% by 2030, by 45% by 2035 and by 100% by 2050 compared with 2016 levels.
BP currently holds a 27.5% non-operated interest in the Shearwater condensate and gas field, operated by Shell, in the UK Central North Sea.
Shell is selling its interest in the Malampaya gas field to Malampaya Energy XP Pte Ltd., a subsidiary of Udenna Corp.
Maersk Training will deliver safety, pool survival, well control and process training in the region.
Shell has announced a profit of of US$3.23 billion in the first three months of 2021.
Leading the group is unmanned aviation business Flylogix, who alongside US gas sensor technology company SeekOps and supported by OGTC, are operationalising the accurate measurement of methane emissions in the offshore environment.
The contract is for Velesto’s jack-up rig NAGA 4 to drill seven firm wells, with an estimated contract value of US$17.68 million.
Storm Uri is expected to have an aggregate adverse impact of up to US$200 million on the company's adjusted earnings in 1Q21.
The Maersk Viking drillship will drill four development wells at the Gumusut-Kakap project offshore Malaysia.