
Shell Acquires Stake in Equinor-Operated Bay du Nord Project
Shell Canada Energy has agreed to purchase a 30% interest in the Bay du Nord oil development off the coast of Newfoundland and Labrador, a project operated by Equinor.
Energy trading, markets, infrastructure and the transition.

Shell Canada Energy has agreed to purchase a 30% interest in the Bay du Nord oil development off the coast of Newfoundland and Labrador, a project operated by Equinor.
Market analysis indicates that any oil flows from Venezuela to the United States are not expected to serve as a short-term solution for replenishing the Strategic Petroleum Reserve.
The French engineering firm has secured a contract to design the cryogenic tanks for a new series of liquefied natural gas carriers under construction in China.
The latest weekly petroleum status report indicates a marginal increase in crude oil stockpiles across the United States, excluding the Strategic Petroleum Reserve.
Brazil's state-controlled energy producer is assessing the potential for global liquefied natural gas shipments, focusing on output from its significant offshore natural gas discoveries.
Sources indicate that Venezuela is evaluating its continued membership in the Organization of the Petroleum Exporting Countries (OPEC).
The energy company has broadened its liquefied natural gas portfolio, incorporating additional liquefaction capabilities and client base in the Southern U.S.
A European engineering and advisory company has been appointed for a significant liquefied natural gas (LNG) development in Vietnam, focusing on integrated power generation infrastructure.
SBM Offshore and Solstad's new offshore installation vessel will incorporate a comprehensive suite of maritime technology from Kongsberg Maritime.
A new vessel, a collaboration between SBM Offshore and Solstad, will integrate a comprehensive suite of maritime technology from Kongsberg Maritime.
The Russian energy producer's first-half financial performance was influenced by non-cash accounting elements and singular economic events.
The energy company's latest financial disclosure indicates a decrease in half-year profitability, attributed to specific non-cash and singular events.