Israel’s Delek Group to Buy Stake from Shell in US Gulf Field for Almost $1 Billion
The move is part of Delek’s strategy to expand its operations beyond the Eastern Mediterranean region. Shell, meanwhile, is in the midst of a $10-billion divestment program.
Noble Energy, Shell to Explore Colombian Caribbean Sea
Noble’s farm-in to blocks recently awarded to Shell marks the Houston-based independent’s entry into Colombia, where the government hopes to boost offshore exploration.
Shell Dominates US Gulf Lease Sale
The major’s dominant showing in US Gulf of Mexico Lease Sale 252 propelled another rise in bids and dollars for the biannual regionwide auction.
Is the Cloud Mature Enough for High-Performance Computing?
Data volumes are growing at an exponential rate. How can high-performance computing solutions help operators manage these volumes? Will faster, stronger processors and cloud computing solutions be the answer?
Change in Energy Sector is So Extreme Oil Companies May Need to Share Data
Oil companies generate an enormous amount of data but are reluctant to share it. But more sharing of information may be required in the future to keep up with a rapidly changing energy landscape.
One Industry of Global Citizens
An assortment of sustainability initiatives shows how the oil and gas industry, leveraging its reach, diversity, and resources, is going well beyond just supplying energy to impact the world for the better.
Brazil’s Lula Field a Step Closer to Producing 1 Million B/D of Oil
Petrobras and Shell have brought online the Lula field’s seventh FPSO as the firms continue to ramp up production from the pre-salt Santos Basin.
An Eye on the Prize: Shell Invests in Computer Vision Developer
The backing of one of the world’s largest oil and gas companies aims to put this emerging digital technology on the path to widespread adoption.
CNOOC, Several International Firms Sign Agreements for Areas Offshore China
Chevron, ConocoPhillips, Equinor, Shell, and Total are among nine firms looking to explore the Pearl River Mouth Basin.
Big Year for Shale M&A May End with Shell and Endeavor
2018 has seen a wave of shale deals that are consolidating the landscape. While this one could be among the biggest, it is not yet final.
Petrobras, Shell Start Production From Eighth Lula Field FPSO
The unit is flowing oil and gas from the Lula Extremo Sul area, 290 km off Rio de Janeiro state in 2150 m of water.
Shell Picks a Digital Platform To Build Its AI Future Upon
The international major has been playing with intelligent programs for years, but this new deal shows that it is now ready to scale those efforts up to cover hundreds of thousands of pieces of equipment.
Seeq’s Focus on Time-Series Data Draws in Chevron, Shell, and Pioneer
The 5-year-old software startup is getting noticed by the oil and gas industry for its ability to accelerate analytics projects by taking care of all the tedious work involved with data wrangling.
Upstream Data Can Be “a Rat’s Nest of a Mess”
Companies such as Google, Schlumberger, Shell, and Encana are working to turn the industry’s rat’s nest of data into a goldmine of insight, analysis, and technology.
WATCH: 2018 ATCE Opening Session
These days, it is all about digital. Click to find out what industry leaders from Encana, Google, Schlumberger, and Shell have to say about the ongoing transformation towards data-driven profitability.
Shell, Bluware Team up on Seismic With Video Game Tech
Video games have been seen as a big waste of time for years by parents around the globe. But now, the oil and gas industry sees the underlying technology as a big time saver.
Find Out What Google and Oil and Gas Companies Are Searching for in Big Data at 2018 ATCE
The company behind the world’s most popular search engine is trying to click with the upstream business at the most distinguished technical event of the year.
UK’s Latest Licensing Round Aims for Offshore Frontiers
Just 2 months after issuing more than a hundred licenses, the Oil and Gas Authority begins the process again for a whole new set of blocks.
What’s Driving Oil Companies to Buy Electric Car Charging Firms?
Some of the industry's largest players are now fueling the electrification revolution, and it is only the beginning.
North Sea Acreage Awarded to 61 Firms in UK Licensing Round
UK’s active 30th Licensing Round resulted in the award of 123 licenses to a diverse set of 61 companies—an outcome that UK government officials hailed as more proof that interest is picking up in the aging North Sea.
Shell Makes Large Discovery Near Appomattox in Gulf of Mexico
Shell made its sixth discovery from the Norphlet formation in the deepwater Gulf of Mexico, where the firm’s newly arrived Appomattox platform just 13 miles away presents a tieback opportunity.
Will Blockchain Become the New Operational Backbone in Energy?
Energy companies are looking to distributed ledger technology—otherwise known as blockchain—to help navigate the complex transactional systems that make up their operations. What is blockchain, and what makes it valuable to our industry?
US Gulf of Mexico Production Projected To Hit Record High
Falling costs and breakeven prices, increased operational efficiencies, and favorable government policy are at the heart of a potential short-term boon in Gulf of Mexico production.
Latest Gulf of Mexico Lease Sale Generates Moderate Bidding Interest
The largest lease sale in the history of the area attracts $139 million in total bids, a $2 million increase over the previous lease sale held last August.
Shell’s Penguins Redevelopment a Step Forward in North Sea Revival
The long-term decommissioning of the historic Brent field has necessitated redevelopment of the younger Penguins field in the North Sea, where the UK hopes to see more revival projects in the coming years.
BP and Shell Agree: A New Energy Future Is Coming
The world still needs oil and gas, but it is also making room for renewable energy which will change how upstream companies do business.
Shell Expands Investments in Solar Energy
Shell invested in a Singapore solar company and signed an agreement to purchase a Texas company with solar and other renewable assets. Along with its minority stake in a company that uses solar to generate steam for EOR in the Middle East, Shell catches some rays in the Asia Pacific, US, and Oman.
Want To Make Deepwater More Profitable? Shell Says Listen to the Facility Staff
One of the oldest deepwater platforms in the Gulf of Mexico has become a profit-leader for the oil major during this downturn and is now a model for the company’s other floating assets.
Moving On: Shell and Marathon Oil Announce Major Divestment of Canadian Oil Sands
The deal will transfer nearly 2 billion bbl of reserves to Canadian Natural Resources while bolstering Shell's downstream and carbon-capture role in support of oil sand development.
Shell: New Deepwater Project Can Break Even Below USD 40 Oil Price
The international major's low-cost development plan calls for a subsea tieback that will transport oil and gas through a single flowline to an existing floating production facility.
A New EOR Concept From Shell To Enhance Waterflooding
Part of what makes DME an intriguing EOR technology is that it is soluble in both water and oil—with a preference for the latter. Shell’s plan is to add DME to the waterflooding stream to reach a concentration of about 16%, the upper limit of its dissolvability.
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