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Oil major Shell has taken a final investment decision (FID) to develop the Rosmari-Marjoram gas project located offshore Sarawak, Malaysia with expectations to reach the first gas in 2026.
Shell, together with PETRONAS Carigali, has taken a final investment decision (FID) to develop the Rosmari-Marjoram gas project, located 220 kms off the coast of Bintulu, Sarawak, Malaysia
HOUSTON, Sept. 2, 2022 /PRNewswire/ -- Shell Offshore Inc., a subsidiary of Shell plc, has agreed to sell its 100% interest in Shell Onshore Ventures LLC which holds a 51.8% membership interest in Aera Energy LLC to IKAV for a total consideration of approximately $2 billion in cash with additional contingent payments based on future oil prices, subject to regulatory approval. The transaction has an effective date of October 1, 2021 and is expected to close in Q4 2022. "This decision supports our strategy to create a resilient and competitive Upstream portfolio by focusing on positions wit...
Shell, has agreed to sell its 100% interest in Shell Onshore Ventures, which holds a 51.8% membership interest in Aera Energy, to IKAV for a total consideration of approx. $2 billion in cash. era Energy operates around 13,000 wells in the San Joaquin Valley in California, producing oil and associated gas.
The threat of climate change is no longer a threat—it’s here and it’s impacting everyone. However, in New Jersey, 10 years after Superstorm Sandy, communities are better prepared than ever to handle