Topic: Shell

Pandemic causes Shell to book largest loss ever

Oil & GasShell has booked its largest-ever loss of USD 21.7 billion as a result of the corona crisis. Large write-offs during the first lockdown already resulted in the largest quarterly loss in the company’s history. Shell...Read more
|Comment|author: Adnan Bajic

Oil companies cut investments by tens of billions of dollars

PetrochemicalFaced with the coronavirus and the crude price collapse, oil and chemical companies are drastically scaling back capital investments to preserve cash. Most major companies have announced multibillion-dollar reductions. Shell will reduce its 2020 capital expenditure...Read more
|Comment|author: Adnan Bajic

TechnipFMC awarded new contracts by Woodside and Shell

PRESS RELEASE – TechnipFMC has been awarded a significant EPCI-contract by Woodside for the development of the Pyxis and Xena fields, located offshore North-West Australia.  TechnipFMC will design, manufacture, deliver and install subsea equipment including subsea...Read more
|Comment|author: Adnan Bajic

New Shell project for Cosco Shipping

Cosco Shipping Specialized Carriers has won a major project from Shell. The shipping line will transport the new production platform Vito from Singapore to the Gulf of Mexico. Cosco will collect the floating production platform from...Read more
|Comment|author: Larissa van Heiningen