Shell plc’s SHEL Brazil affiliate has taken another decisive step in strengthening its offshore portfolio by signing contracts for four new exploration blocks in the Santos Basin. These assets, ...

UK supermajor Shell intends to return two exploration blocks in the deep-water section of the Salina basin offshore Mexico after failing to unlock commercial resources in the area. The move takes ...

MUSCAT: Shell has revealed that it plans to relinquish hydrocarbon blocks 42 and 55 – exits that will maintain the energy supermajor’s leading presence in the Sultanate of Oman. The energy giant made ...

PETRONAS awarded two Production Sharing Contracts to Shell and PETRONAS Carigali Sdn Bhd for the ultra-deepwater Blocks ND6 and ND7 offshore the east coast of Sabah. PETRONAS awarded two Production ...

BP Plc BP and Shell Plc SHEL entered an agreement to explore three deepwater blocks in Trinidad and Tobago for producing hydrocarbons, per Reuters. Both companies have expressed interest in the ...

Sept 21 (Reuters) - A BP Plc BP.L and Shell Plc SHEL.L consortium is near to striking an agreement with Trinidad and Tobago to explore three deepwater blocks in the Caribbean country, the companies ...

Shell (SHEL) will spend ~$1 billion for seismic surveys and drilling on new oil blocks in Angola, as the country seeks to raise production that has declined over the years, the chairman of the oil ...

European supermajor Shell and US independent Apache have won exploration rights for a trio of blocks offshore Uruguay, as they hunt potential analogies with the prolific Orange basin in Namibia. Shell ...

The Shell Petroleum Development Company of Nigeria Limited (SPDC) and other joint venture firms, Total Exploration and Production (E&P) Nigeria Limited and Nigerian Agip Oil Company Limited have ...