Shell, currently carrying a Zacks Rank #3 (Hold),will follow a replication model, where the company will reuse about 95% of the Whale FPU’s hull and 85% of its topsides.

The project is jointly held by Shell, TotalEnergies and Equinor, sharing an equal holding of 33.3% each. Under the project, Equinor is responsible for managing the construction of both the onshore ...

Buyers are attracted to Shell's LNG Canada project because it uses the Canadian Alberta Energy Company (AECO) price index as ...

The Atlantic Shores’ project — the only such project with federal permits to move forward — will be able to harness enough energy to power more than 700,000 homes, according to the developer.

Shell plc’s SHEL subsidiary, Shell Nigeria Exploration and Production Company (SNEPCo), announces a significant final investment decision (FID) in Bonga North, a deep-water project off the coast ...

Shell said on Friday it signed an agreement with Chinese state refiner Sinopec and steel group Baowu as well as German chemical giant BASF to study a carbon capture, utilisation and storage ...

Shell is officially moving forward with its Sparta deepwater project in the Gulf of Mexico, the petrochemical giant announced Tuesday. It’s the second final investment decision — when a ...

Shell will sell its 80% stake in the 1.25 GW MunmuBaram offshore wind project to Hexicon. The JV partner previously had 20% ownership in the same project, making it the sole owner of the South ...

Shell, TotalEnergies, and Equinor completed CO2 storage facilities for the Northern Lights project. The Rosebank and Jackdaw projects in the North Sea of Equinor and Shell, respectively, are ...

Shell joins project leads Mocean Energy and Verlume, alongside industry players Baker Hughes, Serica Energy, ... Its prototype model Blue X was deployed off the coast in 2021, ...

SHEL awards a contract to Subsea 7 for its Sparta project in the Gulf of Mexico, aiming for 90,000 boe/d with production slated to commence in 2028.