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Ping Petroleum and Hibiscus Petroleum To Acquire Operated Interest of Anasuria Cluster
Ping Petroleum Limited (“Ping”) and Hibiscus Petroleum Berhad (“Hibiscus”) are pleased to announce that they have jointly entered into sale and purchase agreements to each acquire 50% of the entire interests of Shell UK Ltd, Shell EP Offshore Ventures Limited (“Shell”) and Esso Exploration and Production UK Limited (“Esso”) in the Anasuria Cluster of oil and gas fields effective from 1st January 2015. The acquisition of the Anasuria Cluster is subject to regulatory approvals, and third party consents, including the UK Government’s approval and Hibiscus shareholder approval.

date.png19 Aug 2015 11:01 | comments.png 0 Comments | tags.png europe exxon hibiscus north-sea ping shell uk upstream [ More ]

Shell to sell its shareholding in Showa Shell to Idemitsu
Shell has reached an agreement with Idemitsu for the sale of 125,261,200 shares in Showa Shell Sekiyu KK, representing a 33.24% shareholding in the company, for a total amount of JPY 169 billion (approximately US$1.4 billion). Shell will retain a 1.80% holding in the company.

date.png03 Aug 2015 07:40 | comments.png 0 Comments | tags.png asia japan refinery shell showa [ More ]

Mitsubishi Corporation Participates in FPSO project in the Gulf of Mexico
Mitsubishi Corporation (MC), together with Nippon Yusen Kabushiki Kaisha (NYK Line), has entered into a joint venture with SBM Offshore N.V. (SBM), a global leader in the FPSO sector, for the charter, operation and maintenance of a Floating, Production, Storage and Offloading (FPSO *1) system for Shell Offshore Inc. in the US Gulf of Mexico.

date.png24 Jul 2015 05:31 | comments.png 0 Comments | tags.png fpso gofm mitsubishi n-america sbm-offshore services shell top usa [ More ]

Shell to sell its equity interest in the Elba LNG joint venture to Kinder Morgan
Kinder Morgan, Inc. (NYSE: KMI) and Shell today announced that they have reached an agreement for Kinder Morgan to purchase 100 percent of Shell's equity interest in Elba Liquefaction Company, LLC (ELC), the owner of the Elba Liquefaction Project, which is proposed to be constructed and operated at the existing Elba Island LNG Terminal near Savannah, Georgia.

date.png21 Jul 2015 08:13 | comments.png 0 Comments | tags.png kinder-morgan lng n-america shell usa [ More ]

Shell Midstream Partners, L.P. Acquires Interest in Poseidon Oil Pipeline
Shell Midstream Partners, L.P. (NYSE: SHLX) today announced it has closed the acquisition of a 36% equity interest in Poseidon Oil Pipeline Company L.L.C. (Poseidon) for $350 million from Equilon Enterprises LLC, a subsidiary of Shell Oil Products US.

date.png15 Jul 2015 07:14 | comments.png 0 Comments | tags.png gofm midstream n-america pipeline shell usa [ More ]

Shell takes final investment decision for the Appomattox deep-water development in Gulf of Mexico
Royal Dutch Shell plc (Shell) today announces the final investment decision (FID) to advance the Appomattox deep-water development in the Gulf of Mexico. This decision authorises the construction and installation of Shell’s eighth and largest floating platform in the Gulf of Mexico.

date.png14 Jul 2015 09:15 | comments.png 0 Comments | tags.png gofm n-america nexxen shell upstream usa [ More ]

Wood Group secures KPOC pipeline contract
Wood Group Kenny (WGK) will support the Kebabangan Petroleum Operating Company (KPOC) in pipeline engineering and flow assurance engineering studies for the Kamansu East (KME) field offshore Sabah, Malaysia.

date.png22 Jun 2015 13:54 | comments.png 0 Comments | tags.png asia conoco malaysia petronas services shell wood-group [ More ]

Recommended Cash and Share Offer for BG Group plc by Royal Dutch Shell plc
The Boards of Shell and BG are pleased to announce that they have reached agreement on the
terms of a recommended cash and share offer to be made by Shell for the entire issued and to
be issued share capital of BG.

date.png08 Apr 2015 09:06 | comments.png 0 Comments | tags.png bg-group deal shell top [ More ]

SPDC completes sale of oil mining lease 29 and Nembe Creek Trunk Line in Nigeria
The Shell Petroleum Development Company of Nigeria Limited (SPDC), a subsidiary of Royal Dutch Shell plc (Shell), has completed the assignment of its interest in oil mining lease (OML) 29 and the Nembe Creek Trunk Line (OML29 and NCTL) and related facilities in the Eastern Niger Delta. Its interests in OML29 and the Nembe Creek Trunk Line were assigned to Aiteo Eastern E&P Company Limited. Total cash proceeds for Shell amount to some $1.7 billion.
This divestment is part of the strategic review of SPDC’s onshore portfolio and is in line with the Federal Government of Nigeria’s aim of developing Nigerian companies in the country’s upstream oil and gas business.

date.png30 Mar 2015 11:12 | comments.png 0 Comments | tags.png africa nigeria shell upstream [ More ]

Shell signs agreement with Alimentation Couche-Tard Inc. for the sale of its retail, commercial fleet and fuels, aviation and tr
Shell has reached agreement with Couche-Tard for the sale of its marketing operations in Denmark, comprising retail, commercial fleet, commercial fuels, aviation and connected trading & supply products businesses. The businesses will be managed by Statoil Fuel and Retail A/S (“SFR”), a wholly-owned indirect subsidiary of Couche-Tard.

date.png23 Mar 2015 07:24 | comments.png 0 Comments | tags.png denmark downstream europe shell [ More ]
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