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.

A North Sea oil field discovered 50 years ago has become Shell's first newly-operated facility in the region for more than ...

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

Shell plc SHEL recently decided to restart production at the Penguins field in the U.K. North Sea, utilizing a modern floating production, storage and offloading (FPSO) facility. The new FPSO, ...

Forbes readers may be more familiar with Rosebank the whisky, than Rosebank, the biggest undeveloped oil field in the North Sea, 80 miles ... countries produce a year. They had also asked the ...

Britain's approvals for two vast North Sea oil and gas fields were overturned by a Scottish court on Thursday, a significant ...

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

Shell said on Tuesday it has restarted production at the Penguins oil field in the UK North Sea, with a new floating, production, storage and offloading (FPSO) facility.