Shell
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The new Sevan-designed cylindrical FPSO is expected to flow 45,000 BOE/D at peak.
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While the court overturned approval for Shell's Jackdaw and Equinor's Rosebank projects, the companies can reapply for consent. Work on the projects can continue, but no fuels can be extracted until the government decisions are retaken.
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A Shell partnership with YPF marks a significant milestone for the Argentina LNG export facility, raising new questions about the nation’s potential to unlock the economic power of its vast shale reserves.
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International majors showing new interest in Iraq as China scoops blocks in Baghdad’s most recent bid rounds.
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At peak, 100,000 BOE/D is expected to flow to the Whale production semisumbersible, which largely replicates the Vito semi.
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Deepwater subsea tieback expected online by the end of the decade, targeting more than 300 million BOE.
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Supermajor reached a final investment decision on a two-well subsea development to be hosted by the Perdido spar platform in the deepwater Gulf of Mexico.
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A new UK-based operating company is set to launch next year with a production profile of nearly 140,000 BOE/D.
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The appeals court in The Hague said Shell had a responsibility to reduce greenhouse gas emissions to protect people from global warming but dismissed the 2021 ruling that ordered Shell to cut its absolute carbon emissions by 45% by 2030 compared with 2019 levels, including those caused by the use of its products.
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The late-season hurricane caused damage across western Cuba and now is setting its sights on the US Gulf of Mexico.
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