Tag: Shell

Shell has gained both ConocoPhillips and Suncor Energy as Joint Venture partners on its Deepwater Shelburne Basin Venture Exploration Program.The agreement reached between the three companies involves Shell farming down non-operated equity in its Shelburne Exploration Licenses, offshore Nova Scotia, Canada.

Subsea 7 announced the award of a lump sum contract valued at approximately USD 110M by Shell for the installation of jumpers, umbilicals and associated subsea structures for the BC-10 Phase 3 Project in the Campos Basin offshore Brazil.Project management and engineering will be performed from Subsea 7’s offices in Rio de Janeiro and will commence in Q1 2014.

Shell completed the acquisition of an additional 23% interest in the Parque das Conchas (BC-10) project offshore Brazil for USD 1B.Regulatory approvals have been obtained and Shell will now hold a 73% operating interest.

Shell has laid the keel for Prelude FLNG, the world’s first floating liquefied natural gas project. When complete, Prelude is expected to be the largest offshore floating facility ever built.

AMPO POYAM Valves is to supply a series of cryogenic valves for Shell - Prelude FLNG, the world's first LNG liquefaction offshore floating facility, and for Sabine Pass LNG Liquefaction project, the world's first bi-directional facility capable of exporting natural gas in addition to regasifying imported LNG.

Murphy Oil Company Ltd. has entered into an agreement with Shell Canada Energy to purchase additional interests in lands and take over as operator of Shell’s assets in the Seal Lake area of Alberta, Canada.

   Shell has announced plans for a carbon capture and storage (CCS) project at an oil sands operation in Canada.

The rig tapped to embark on Shell's Arctic drilling programme set sail for the Beaufort Sea this week, as the Anglo-Dutch supermajor moved a step closer to launching its exploration plan off Alaska. The Conical Drilling Unit Kulluk departed on its two-week journey from Dutch Harbour on Monday, but delays related to lingering sea ice and permitting issues have already forced Shell to scale back its plans for the year in the Arctic. Shell is now reportedly planning to drill just two wells this summer. At the forefront of the delays is the completion of a containment system in the case of Shell losing control of one of its wells.

Jacobs Engineering Group Inc. announced that it received a five-year contract from Shell Canada Energy for front end engineering design, engineering, procurement, construction support, commissioning support and related services for the Jackpine Mine Tailings and Infrastructure Program.

USD$1.7 billion in high bids out of a total USD$2.6 billion for all bids was drawn for the Central Gulf of Mexico Lease Sale. 593 bids on 454 tracts covering 2.4 million acres of the 39 million acres total offered were bid on by 56 operators.