Shell has agreed to sell BG Cyprus to MOL Group for up to $720 million, transferring a 35% interest in the Aphrodite offshore gas field. Completion is expected in early 2027.
Shell has launched a drilling services tender for four wells at Venezuela’s Dragon gas project, with work planned from the second quarter of 2027 subject to a positive final investment decision.
Northern Ocean said Deepsea Mira completed its Shell contract on 2 July 2026 and is demobilizing to Walvis Bay for planned upgrades after generating about $31 million in revenue.
COSCO Shipping Energy Transportation, Shell and Jiangnan Shipyard have signed a construction agreement for four 175,000 cu metres LNG carriers to serve Shell under long-term charter agreements.
Australia’s proposed gas reservation scheme could include Shell’s Prelude LNG project, raising questions over pipeline access, domestic supply obligations and LNG project costs.
Shell has signed five contracts with Venezuela covering the 7 Tcf Loran gas field, oilfield expansion and gas flaring reduction measures.
Shell has reported a new light oil discovery at Merlin-1X on PEL 39 offshore Namibia, with further drilling under consideration later in 2026.
ABS has issued a statement of maturity for SBM Offshore’s Shell-backed seawater intake riser technology for FPSO cooling.
Helms Geomarine completed its offshore geotechnical investigation campaign for Shell in Sarawak ahead of schedule and will resume Petronas-supported offshore soil investigation work.
