Shell Malaysia will shed about 2% of its workforce, including 250-300 jobs from its upstream business, as part of an effort to reshape and simplify the organization to ensure that it “thrives through the energy transition,” the company said Jan. 13. Shell Malaysia will see
Union Jack Oil PLC agreed to acquire a further 15% economic interest in onshore UK license PEDL253 containing the Biscathorpe project from Humber Oil & Gas Ltd. PEDL253 lies within the proven hydrocarbon fairway of Humber basin, on-trend with Keddington oilfield (Union Jack 55%) which
FAR Ltd., Melbourne, has executed a sale and purchase agreement with Woodside Energy Ltd. for FAR’s 15% interest in the Rufisque, Sangomar and Sangomar Deep (RSSD) holdings (which include the Sangomar oil field) offshore Senegal. The agreement is on the same terms and conditions as
Spirit Energy has let a contract to Wood Group to partner on the delivery of late life solutions for UK’s Morecambe Bay gas fields.
TNOG Oil and Gas Ltd. acquired 45% in Oil Mining Lease 17 and associated infrastructure in Eastern Niger Delta from Shell, Total SE, and ENI in Nigeria. TNOG will be sole operator in the lease.