Shell is believed to have taken a high-price Stena Drilling ice-class newbuild drillship for five years, with French Guiana on the Anglo-Dutch supermajor’s radar.
The rumble and whistle of a passing train, a symbol of civilisation and prosperity in the American West at the turn of the century, is once again echoing across the plains.
An offer by Sudan to release crude cargoes for export from the South “as a goodwill gesture” has been rebuffed by South Sudan, which is pressing on with a planned total shutdown of its oil production.
US offshore builder McDermott and two South Korean rivals are battling it out for the contract to supply the main offshore production facility on Chevron’s $4.3 billion Block B gas project in Vietnam.
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Under fire: Shell is feeling the heat over its Brent Bravo safety record
Shell is under mounting pressure to explain its poor North Sea safety record after fresh revelations showed it has been by far the worst performer in the play, receiving six out of a total of 18 legal notices issued by the UK's Health & Safety Executive (HSE) over a two-and-a-half year period.
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