Sabah Shell Petroleum Company awarded Velesto Workover two multi-year contracts for offshore Sabah deepwater support, covering top tension riser maintenance on a tension leg platform, delivered with INVX Asia Pacific.
Shell has started drilling the first gas development and production well at West Mina in Northeast El Amriya, targeting 160 MMscf/d and 1,900 barrels of condensates per day by year-end.
Jiangnan Shipyard secured a contract to build four 175,000 m³ LNG carriers for Shell charter, owned by Minsheng Financial Leasing, with delivery scheduled for 2028–2029.
Subsea7 won a sizeable Shell contract for the Kaikias Waterflood project in the Mars-Ursa Basin, including installation of an umbilical, riser and rigid flowline in up to 1,650 m water depth.
Shell and Mitsubishi, which together hold about 65% of LNG Canada, are reported to be considering partial sales of their stakes in the C$40 billion export project as they review exposure to Phase 2.
Shell and INEOS Energy confirmed high-quality oil at the Nashville exploration well in the deepwater Norphlet play, with further work under way to assess a potential Appomattox tie-back.
DNO ASA has placed its North Sea oil output with Exxon Mobil and Shell from 1 January 2026 and linked the deals to offtake financing of up to USD 410 million, lifting total facilities tied to North Sea output to USD 910 million.
Valaris Limited has signed a multi-year $300 million contract with Shell for the drillship VALARIS DS-8 on the Orca project offshore Brazil, with operations starting in Q1 2027.
Excerpt (≈200 chars)
Shell is considering selling a 20% stake in Brazil’s offshore Gato do Mato cluster to help finance a nearly $3 billion deepwater development, while keeping operatorship and maintaining its position in the country.
