Shell offloads stakes in certain US Gulf deepwater oil assets for $1.7 billion
Shell Offshore's $1.7 billion divestment of non-operated deepwater assets in the U.S. Gulf of Mexico represents a calculated portfolio optimization strategy. By shedding minority stakes, the supermajo
Transocean’s rig trio scoops up $1 billion for drilling work in Norwegian waters
Transocean's massive $1 billion contract win with Equinor for three harsh-environment semi-submersibles underscores the tightening of the high-specification rig
Offshore Energy·Jul 1
Shell to divest Na Kika and Coulomb assets for $1.7bn
Shell's decision to monetize its 50% non-operated stake in the deepwater Na Kika and Coulomb assets in the US Gulf of Mexico for $1.7 billion represents a tacti
The advancement of indirect diplomatic channels between the United States and Iran, facilitated by Qatari mediation, signals a potential shift in Washington's m
Rigzone·Jul 1
Australia in need of new gas investments to ensure energy security
The Australian Energy Market Operator's (AEMO) 2026 Integrated System Plan has underscored the critical role of natural gas in maintaining grid stability during
Offshore Energy·Jul 1
Jul 1
Shell Offloads 50% Stake in Na Kika Platform for $1.7 Billion