Shell

Updates about global exploration and production activities and developments.

This paper discusses the journey of the Bonga North project, highlighting challenges and resolution strategies in a constantly changing deepwater environment.

The companies have signed an agreement to deliver carbon captured using Shell’s Cansolv system.

As Africa’s top oil producer, Libya is ramping up momentum—offering 22 exploration areas and welcoming BP back to Tripoli with a major deal.

Shell became the first international company to operate producing fields offshore Brazil and the first to navigate the country’s complex and detailed decommissioning permitting process, which involved extensive environmental assessments, regulatory approvals, and coordinated stakeholder engagement.

Equinor and Shell plan to launch the joint venture—initially announced in late 2024—by the end of 2025, pending regulatory approvals.

Over a dozen new projects aim to keep US offshore output near 1.8 million B/D through next year.

Global majors remain committed to boosting investment in Egypt’s offshore gas production as they eye Cairo’s underutilized LNG capacity.

Offshore activity is expected to begin in 2027 with first oil from the 20K-psi project slated for 2028.

The acquisition expands INEOS’s US upstream footprint and gives it a minority stake in a pair of deepwater Gulf of Mexico producing fields.