Operator is poised to build China’s second cylindrical FPSO for developing its latest oil find in the South China Sea ...

Shell has resumed production at the Penguins field in the UK North Sea using a state-of-the-art floating production, storage ...

Shell plc, the multinational oil and gas company, announced on Tuesday that it has resumed oil production at the Penguins oil ...

Shell PLC (SHEL) shares up on resuming production at Penguins field in UK North Sea with new FPSO facility designed for lower emissions and extended lifespan.

The British multinational oil and gas company Shell plc has resumed oil production on a floating FPSO platform in the British sector of the North Sea. This is reported in a press release from Shell.

Additionally, the FPSO Sepetiba platform reached maximum oil production capacity within eight months. The extraordinary performance of these FPSO platforms helped offset production losses due to ...

Shell has restarted production at the Penguins field in the UK North Sea. The floating, production, storage and offloading ...

Penguins redevelopment is part of Shell’s strategy to boost its UK North Sea output to more than 500,000 barrels of oil ...

Shell has restarted production at the Penguins field in the U.K. North Sea with a new floating, production, storage and ...

The new FPSO is expected to extend the life of the UK field by up to 20 years while reducing operational emissions by about ...

Shell (SHEL) has restarted production at the Penguins field in the UK North Sea with a modern floating, production, storage and offloading, ...