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Gulf of Mexico
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Shell Starts Oil Production From Malikai Deep-Water Platform in Malaysia
Dec 16, 2016Shell has started oil production from the Malikai Tension-Leg Platform (TLP), located 100-kilometres off the coast of the Malaysian state of Sabah. Located in waters up to 500-metres deep, Malikai is Shell’s second deep-water ...
Tags: Shell, Oil Production
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Shell Moves Forward on New Gulf of Mexico Development at Stones
Dec 10, 2016The development will start with two subsea production wells tied back to the FPSO vessel, followed later by six additional production wells. This first phase of development is expected to have annual peak production of 50,000 boe/d from ...
Tags: Shell, subsea production
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Shell Launches Development of Major New Gulf of Mexico Discovery
Dec 10, 2016“Technological advances in seismic imaging and drilling have allowed us to both discover and access this new field,” said Marvin Odum, Shell Upstream Americas Director. “This is another sizeable deep-water investment by ...
Tags: Shell, seismic imaging
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Shell Takes Final Investment Decision for The Appomattox Deep-Water Development in Gulf of Mexico
Dec 9, 2016“We have again delivered a globally competitive investment scope for another significant deep-water project,” said Marvin Odum, Shell Upstream Americas Director. “Appomattox opens up more production growth for us in the ...
Tags: Shell, deep-water project, Appomattox
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Shell Announces Second Major 2014 Start up in Deep-Water Gulf of Mexico with Cardamom Development First Oil
Dec 9, 2016Oil from the Cardamom subsea development (100% Shell) is piped through Shell's Auger platform. When at full production of 50,000 barrels of oil equivalent a day (boe/d), Auger's total production capacity will increase to 130,000 boe/d. ...
Tags: the Cardamom, Shell, Auger
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Shell Adds Third Major Discovery to The Norphlet Play in The Gulf of Mexico
Dec 8, 2016Shell and the Norphlet play “The Rydberg discovery builds upon our leadership position in the Eastern Gulf of Mexico and its proximity to our other discoveries in the area make Rydberg particularly exciting.” said Marvin Odum, ...
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Royal Dutch Shell PLC Second Quarter 2014 Results Announcement
Dec 8, 2016Second quarter 2014 summary of unaudited results Royal Dutch Shell’s second quarter 2014 earnings, on a current cost of supplies (CCS) basis (see Note 2), were $5.1 billion compared with $2.4 billion for the same quarter a year ago. ...
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First Quarter 2012 Results and Interim Dividend Announcement
Dec 8, 2016First quarter 2012 results webcastsRoyal Dutch Shell Chief Executive Officer Peter Voser commented: “We are making good progress against our targets to deliver a more competitive performance. Our profits pay for Shell’s ...
Tags: Shell, good progress, new energy projects
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New Shell CEO Ben Van Beurden Sets Agenda for Sharper Performance and Rigorous Capital Discipline
Dec 8, 2016Van Beurden, who became the new CEO of Royal Dutch Shell plc (“Shell”) on 1 January 2014, said Shell’s strategy overall is sound. The company has a high quality portfolio and key strengths in technology and project ...
Tags: Shell, technology, project delivery
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ExxonMobil Earns $1.7 Billion in Second Quarter of 2016
Sep 28, 2016Cash flow reflects durability of the integrated portfolio amid continued industry volatility Strong Chemical results highlight sustainable competitive advantages Advancing attractive new investment opportunities across the value ...
Tags: second quarter 2016, results
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Capital Markets Day 2016: Re-Shaping Shell to Create a World Class Investment Case
Sep 28, 2016Responding to the changing landscape by re-shaping Shell Setting out an agenda for 2020 and beyond: grow free cash flow per share and returns Taking action to manage the down-cycle: delivering on lower costs, lower and more ...
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Shell Starts Production at Stones in The Gulf of Mexico
Sep 28, 2016Shell announces today that production has started from the Stones development in the Gulf of Mexico. Stones is expected to produce around 50,000 barrels of oil equivalent per day (boe/d) when fully ramped up at the end of 2017. The host ...
Tags: Shell, Stones development, production
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Shell Divests Gulf of Mexico Assets for $425 Million Plus Royalty Interests
Sep 28, 2016Deal marks progress against divestment target. Royal Dutch Shell plc, through its affiliate Shell Offshore Inc. (Shell), today announces it has an agreement to sell 100 percent of its record title interest in Gulf of Mexico Green Canyon ...
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Shell Delivers More Brazil Deep-Water Production From Parque Das Conchas
Sep 28, 2016Third phase of major deep-water project delivered, optimising production capacity Shell and its joint venture announce the start of oil production from the third phase of the deep-water Parque das Conchas (BC-10) development in Brazil's ...
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Shell Announces Fort Sumter Discovery in Gulf of Mexico
Sep 28, 2016Shell today announced a new exploration discovery in the deep water U.S. Gulf of Mexico. The initial estimated recoverable resources for the Fort Sumter well are more than 125 million barrels of oil equivalent (boe). Further appraisal ...