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, ...

Also a late-phase operation, Aker BP plans to produce from Ula until latest 2028, when the field’s production license expires ...

Shell has started up a new modern floating, production, storage and offloading facility at the Penguins field in the UK North ...

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 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.

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

Shell has restarted production at the Penguins field in the UK North Sea with a new FPSO, boosting domestic oil and gas output.

North America will continue to lead M&A transactions, with nearly USD 80 billion in upstream opportunities available in the ...