Oil and gas giant Shell has reported record annual profits after energy prices surged last year following Russia’s invasion of Ukraine.
Shell Upstream Namibia BV, a subsidiary of Shell Plc, is advancing drilling offshore Namibia with delivery of Northern Ocean Ltd.’s Deepsea Bollsta semisubmersible drilling rig.
Agreements have been signed for the construction of the first utility scale renewable power generation facility within TT, the Utility Scale Solar PV Project. The project is set to deliver 112.2 megawatts (MW) of electricity onto the grid
Various parties to the Tema LNG Project have agreed on an amendment to the Commercial Agreements, which effectively frees the national oil agreement from its earlier commitment to be paying for regasified liquefied natural gas now, even at volumes significantly reduced in 2019.