Shell

The supermajor is expected to put off green-lighting the presalt project for up to 2 years.

Additional wells are planned for the GOM field in 2023 and 2024.

US GOM players have come out of the pandemic slowdown with new perspectives on spending and cycle times and are targeting finds that can utilize existing hardware instead of those that require new iron.

Ben van Beurden said quitting was impossible because the Netherlands was dependent on Groningen gas.

First production from the UK North Sea gas field is expected in the second half of 2025.

The energy giant is set to gain new leadership in the new year.

The Rosmari-Marjoram project will be developed utilizing subsea wells and solar power.

ExxonMobil and Shell announced on 1 September that they have agreed to divest their 25-year-old joint venture Aera Energy. The California-based subsidiary reported an average production rate of almost 95,000 BOE/D in 2021, representing nearly a quarter of the state's total oil and gas output.

The operator believes the region has high potential for multiple hub-class targets.

Sustainable aviation fuel is one potential path airlines can travel to mitigate aviation’s effect on the climate crisis. Shell is hoping to lead the charge for cleaner business travel.