Brazil is a new heartland in our Upstream portfolio, where we have interests in 16 active FPSOs and total Shell-share production has reached around 400 thousand barrels of oil equivalent per day. The company’s deep-water wells must meet rigorous design and construction standards and use sensors to monitor deep-water wells in real time. Bids please: Shell issues key tender for … Our global, deep-water production from already discovered fields is on track to exceed 900 thousand boe/d by 2020. Wael was previously the Executive Vice President, Deep Water and a member of the Upstream Leadership Team. Deep Water is a Core Upstream theme for Shell, focused on strong cash generation through a leading portfolio and development opportunities that will sustain cash flow into the coming decades. Photo from Agência Petrobras. If you have questions, please contact your Shell project engineer. Now some of them are back in demand. Accordingly, neither Royal Dutch Shell plc nor any member of the Shell Group endorses, adopts, certifies or otherwise validates the information and material contained on the linked website. Kosmos Energy has completed its farm down of E&P interests in Suriname, Sao Tome & Principe, and Namibia to Shell for around $95 million, plus future contingent payments of up to $100 million. We continue to be the largest leaseholder in the US Gulf of Mexico, with access to some of the most prolific acreage in the basin. Beneath the world’s oceans – in waters ranging from a few hundred to several thousand metres deep – lie vast supplies of oil and natural gas with the potential to boost economic growth and play a vital role in the future energy mix. That’s a lot of growth.”. Average peak production is estimated to reach approximately 100,000 barrels of oil equivalent per day. Apr 2018 – Present 2 years 2 months. In South Africa, we entered the frontier deep-water Cape Basin (Shell interest 40%) and a second block adjacent to our existing acreage in the Namibian Orange Basin (Shell interest 45%); In the UK, we announced FID to export gas and oil from the Pierce field, which is located 165 miles east of Aberdeen (Shell interest 92.5%); The project is expected to come online in late 2021. In case of any issues or questions please contact Rick Warden (Deepwater/Gulf of Mexico) or Jeremy Wong (Unconventionals) “At the heart of it all is the 40 years of delivery that our people have shown, time and time again, year after year. It also markets and transports oil and gas, and operates the infrastructure necessary to deliver them to market. Shell’s ambition to be a net-zero emissions energy business, Cutting carbon together, sector by sector, Natural Gas: providing more and cleaner energy, Putting Safety First in Shale Oil and Gas, Leveraging Technology in Shale Oil and Gas, Social and Environmental Responsibility in Shales, Chief Technology Officer and Chief Scientists, The role of technology in the energy transition, Another step towards a global electricity business, View New Energies: building a lower-carbon power business, Explore Shell’s Global Energy Resources database, Share your idea and transform the energy industry, Boosting local economies through entrepreneurship, Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH), Preventing the facilitation of tax evasion, View Sustainability reporting and performance data, Voluntary reporting standards and ESG ratings, Investing in access to energy for communities, 4 tips to excel in a Shell face-to-face interview, 7 tips to prepare Students & Graduates for an online video Interview, 10 employees share their first week at Shell, 9 ways to help you find the right career path, Find a Job in the Shell Graduate Programme, Appomattox: an energy project that defied the odds, Scientists gain new line to the deep ocean, Bullwinkle: on-stream 1988, depth 400 metres, Malikai: on-stream 2016, depth 500 metres, Bijupirá & Salema: on-stream 2003, depth 800 metres, Olympus: on-stream 2014, depth 900 metres, Ram-Powell: on-stream 1997, depth 1,000 metres, Bonga: on-stream 2005, depth 1,000 metres, Gumusut-Kakap: on-stream 2014, depth 1,200 metres, Parque das Conchas: on-stream 2010, depth 1,800 metres, Na Kika: on-stream 2003, depth 1,800-2,400 metres, Appomattox: on-stream 2019, depth 2,200 metres, Perdido: on-stream 2010, depth 2,300-2,800 metres, Stones: on-stream 2016, depth 2,900 metres. Shell. Shell’s deep-water operations also boost economic growth and benefit local communities. Brown, who held various executive positions in countries including the Netherlands, Italy, and Qatar in his 35-year career at Shell, left the company in 2019 after three years as upstream director. Greater New Orleans Area. We began drilling our first deep-water well there in January 2020, and have plans to drill 13 wells over the next five years. Safety is the top priority across Shell’s operations. They can contact OpenWells support through the help desk. Read more about Vito Offshore Malaysia, Shell operates five producing oil fields, including the Gumusut-Kakap deep-water field where production began in 2014. Deep-water friendship: Turkmenistan and Azerbaijan bury Caspian Sea hatchet Neighbours agree to join forces in exploring and developing contested deep-water block as relations have warmed We have advantaged positions in Brazil, the Gulf of Mexico, Nigeria and Malaysia – with substantial and profitable growth potential. Upstream NHST Events About us ... Semisub deep-water rigs set for new life as launchpads for Musk's SpaceX Two ultra-deepwater rigs find new life supporting SpaceX Starship project . Read more about Shell’s deep-water work around the world. In this section. This is a list of about 680 former or extant wharves, docks, piers, terminals, etc. There are no changes to Shell’s offshore deep-water operations in Sabah. We also have a strong development funnel to sustain our business into the next decades. Shell also announced a decision to invest in a second phase of the Malikai deep-water development, which is expected to come online in 2021. … These lines secure the platform against waves of up to eight metres (25 feet) and winds that can gust at hundreds of kilometres an hour. “Over the 40 years of Deep Water, we’ve used the bright minds to make the impossible, possible.”, “Shell would buy leases that we did not even have the technology yet to develop.”, “We had to go out and build things that we had never done before.”, “The word which comes to my mind around 40 years of Deep Water is a pioneering spirit.”, “Indeed we were the pioneers in deep water. “Pioneering deep water for Nigeria also meant that Shell pioneered deep water in Nigeria.”, “I’ve done projects on five continents, and I’ve enjoyed every day of it.”, “The Shell people just have a sense of camaraderie, of can-do attitude, and a resiliency of spirit.”, “This ability to overcome adversity tightened the connections of people and made them incredibly proud of the achievements that they were able to realize.”, “This is my 30th year, and I still feel like the new guy.”, “We went from 326 feet of water to 4, 5 and 6,000 feet. Turnaround Manager - Shell Upstream Deepwater - Gulf of Mexico Shell. There are no changes to Shell… Shell Upstream Production Deepwater December 2016 – Present 3 years. Nigeria remains an important part of our deep-water portfolio. As these pre-FID projects are expected to be multi-decade producing projects, the projection of less than $35 per barrel will not be reflected either in earnings or cash flow in the next five years. Shell has helped develop many of the deep-water technologies and processes that energy companies use today. Accordingly, this typically excludes exploration and appraisal costs, lease bonuses, exploration-seismic and exploration-team overhead costs. This allows engineers and geologists in onshore operations centres around the world to identify any potential risks and respond immediately. As an important pillar of Shell’s strategy, Core Upstream themes comprise Deep Water, Shales and Conventional Oil and Gas. Shell confirmed it made first discovery in Western GoM in two years at the Whale (AC 772) prospect. One was Appomattox, Shell's major deep-water project in the Gulf of Mexico. Together they created a new programme to help 2,000 economically disadvantaged students get inspired and excited about STEM subjects: science, technology, engineering and maths. In 2017 in New Orleans Shell began a collaboration with educational organisation Core Element and the New Orleans Pelicans basketball team. Deepwater Thalassa starts Shell gig Transocean's newbuild drillship Deepwater Thalassa has kicked off a long-term contract with Anglo-Dutch supermajor Shell in the US Gulf of Mexico. US upstream week in brief: Shell makes a Whale of a discovery in Deepwater GoM. Shell produces oil and gas from more than 50 interests in North Sea Fields, 30 North Sea platforms and 1 FPSO which is operated on our behalf. The five companies completed the project ahead of schedule, with no reported injuries to staff during 4.16 million hours of work. Shell’s Deepwater business has selected Bentley’s digital twin approach to streamline its capital projects process and accelerate time to first oil. For example, our nine blocks offshore Mexico are more than twice the size of Shell’s US Gulf of Mexico portfolio. A short video of various people at Shell talking about deep water exploration. Deep Water is a Core Upstream theme for Shell, focused on strong cash generation through a leading portfolio and development opportunities that will sustain cash flow into the coming decades. At the Bonga North West project in Nigeria, 90% of people working on it are Nigerian. It has so far helped over 2,000 young Malaysians. On the Kaikias project in the same region, Shell was able to reduce costs by around 30% by simplifying the well design and re-using existing oil and gas processing equipment. He joined Shell in 1997 and has worked in a variety of roles in each of Shell’s core business units: Upstream, Integrated Gas and Downstream. Greater New Orleans Area. The Shell-operated Bonga field has produced more than 800 million barrels of oil since coming online in 2005. Menara Shell in Kuala Lumpur will continue to host Shell Malaysia Downstream and corporate entities. It also shows the seabed with different depths on the left with a depth meter ranging from 200 to 3,000 metres deep, in steps of 200 metres. This will require more and varied supplies of energy. Shell’s upstream unit, which oversees most exploration and production, is expected to report an adjusted loss for the fourth quarter, in part due to a tax charge of $600 million to $900 million. In 2019, we opened a new frontier in the US Gulf of Mexico with Appomattox, the first commercial discovery to come online in the Norphlet formation. Watch the Pioneers of the Gulf of Mexico | 40 Years of Deep Water. We are among the leading international oil companies in each of the countries where we operate – the US Gulf of Mexico, Brazil, Nigeria and Malaysia. A timeframe for a potential FID will be announced after the fully termed commercial framework is agreed. With more than 125 years of history in Malaysia, Shell pioneered the oil and gas industry in the country and fuelled its growth. Shell has a long history of developing energy projects using its knowledge, experience and proven deep-water technologies to unlock new resources safely and efficiently. Shell marks 40 years in deep water and the Gulf of Mexico is where it all started. Shell UK explores and produces energy products - fuels, oil, natural gas, lubricants, LPG, chemicals; including 100% renewable electricity by Shell Energy. The visual shows the ocean with 16 offshore oil & gas assets on the surface. A new mooring line in the Gulf of Mexico could further scientific knowledge of the world's interconnected ocean systems. All five major engineering and construction contracts for the project were awarded to companies locally-headquartered or invested in the country. The forward-looking break-even price for pre-FID projects is calculated based on our estimate of resources volumes that are currently classified as 2C under the Society of Petroleum Engineers’ Resource Classification System. Shell’s projects are designed to keep costs low without comprising on safety. Shell Malaysia Upstream 110 Years Video Transcript [Background music plays] {Inspiring, emotive music} {Visual transition/change: Countdown.} To anchor the platform securely, engineers used a remote-controlled robot to attach it to four giant mooring lines. Marine life is a vital source of income for fishermen in Malaysia. In 1978, Shell installed the Cognac platform in the Gulf of Mexico, representing the beginning of modern day deep-water operations. You are now leaving the web version of Shell Investors’ Handbook 2019. Also in 2019, we took a final investment decision on the PowerNap deep-water project, a subsea tie-back to our Olympus platform. Feb 2020 – Present 6 months. Thousands of kilometres away off the coast of Sabah, Malaysia, lies Shell’s Gumusut-Kakap platform, a project that produces oil from 19 deep-water wells in seas that are 1,200 metres (3,900 feet) deep. By Russell Searancke Woodside Petroleum with joint venture partners including China National Petroleum Corporation (CNPC) and Shell have started a three-well deep-water … Invitations to Tender for the Bonga South West/Aparo project were released in 2019. FPSO P-68, offshore Brazil. Shell has consistently earned higher revenues than BP due to the larger scale of its operations. Upstream Our Upstream business explores for and extracts crude oil, natural gas and natural gas liquids. Note: We have enhanced the security features of this site. 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