Shell LNG news

GE Gas Power and Shell Global Solutions have signed a development agreement to pursue potential pathways aiming to reduce the carbon intensity of Shell’s LNG supply projects around the world.

Shell will obtain a 9.375% participating interest in the 16 million tpy North Field South LNG project.

Shell has announced that Ben van Beurden will step down as Chief Executive Officer at the end of 2022, and that his successor will be Wael Sawan.

Energy Transfer LNG has entered into a 20-year LNG SPA with Shell related to its Lake Charles LNG project.

Shell has been selected by QatarEnergy as a partner in the North Field East (NFE) expansion project in Qatar.

The agreement includes a multi-year LNG supply agreement to CMA CGM’s 13 000 20-ft equivalent unit vessels in Port of Singapore.

Shell has signed separate non-binding Memorandums of Understanding with its long-standing LNG buyers Tokyo Gas and Osaka Gas.

The companies, alongside Chevron Corp. and Italy’s Eni, are partnering on the North Field expansion, which will boost Qatar’s LNG output by 64% by 2027.

Major oil and gas companies suspending their operations in Russia could disrupt progress of key Russian projects, finds GlobalData.

Project Colibri is a backfill project that is expected to add approximately 30 000 boe/d of sustained near-term gas production, with peak production at approximately 43 000 boe/d.