Shell
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State-run Staatsolie retains its 40% stake in Block 5.
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Subsidies lapse while others take hold in a bid to bolster offshore wind energy capacity around the globe.
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The announcement means that the megascale carbon capture and storage project now has 14 large industrial players behind it. Still, it remains unclear when the project might get under way.
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Design, construction specialist books new work in the Middle East, Australia, and Saudi Arabia.
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Being first isn’t easy, as the massive Prelude has demonstrated. Since being commissioned in 2018, the world’s largest vessel has suffered a series of setbacks and has now halted production for an indefinite period of time.
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The field near Shetland had been the subject of environmental protest.
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Large gas development expected to come online as early as 2025.
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“Where is Shell based?” The answer to that is likely to get simpler very soon.
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Technip Energies and Shell Catalysts and Technologies announced that their jointly developed improvements on the Cansolv carbon capture technology are being tested in a pilot plant campaign at Fortum Oslo Varme’s waste-to-energy plant.
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Repairs to the West Delta hub were completed ahead of schedule, allowing for volumes to resume flowing from deepwater projects.