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Technip, Shell Tie Up for Carbon Capture Projects

Oil & Gas‚ Oil and Gas Industry | intent | July 22, 2025 | Comment off

“By forming a global alliance with Shell Catalysts & Technologies in the field of carbon capture, we combine cutting-edge technology, smart engineering, and excellence in project execution. This global alliance is the result of more than 10 years of collaboration and continuous innovation,” Arnaud Pieton, Chief Executive Officer of Technip Energies, added. “Our ambition is to deliver a world designed to last by enabling hard-to-abate industries to decarbonize with greater certainty and affordability.

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Shell Says Weak Oil and Gas Trade Hit 2Q Profit

Oil & Gas‚ Oil and Gas Industry | intent | July 8, 2025 | Comment off

Shell’s sprawling but secretive in-house trading business is often one of its biggest profit boosters, and Chief Executive Officer Wael Sawan said in March that its traders haven’t lost money in a single quarter over the past decade. Yet recent price swings have been hard to navigate, with crude whipsawed by US President Donald Trump’s trade war, OPEC+ policy and Israel’s attacks on Iran.

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Workrise licenses Shell’s u-lateral drilling technology for U.S. market

Oil & Gas‚ Oil and Gas Industry | intent | June 18, 2025 | Comment off

Developed by Shell, U-lateral drilling offers significant benefits for an industry where efficiency is more important than ever before. By enabling rigs to drill more reservoir footage per month, reducing both the cost per foot of reservoir accessed and the cost per barrel of oil produced, the U-lateral technique allows operators to reduce drilling costs and save time while effectively increasing the production capacity of each surface rig by 50%.

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PTAS Aker Solutions Secures Contract Extension with Brunei Shell Petroleum

Oil & Gas‚ Oil and Gas Industry | intent | June 10, 2025 | Comment off

“We look forward to leveraging an optimized delivery model and driving targeted improvement initiatives during this contract period. As the main contractor, we are committed to enhancing new ways of working and improving performance and efficiency while delivering cost reductions across the value chain”, Paal Eikeseth, Executive Vice President and head of Aker Solutions’ Life Cycle Business, said.

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