Saudi Aramco signs preliminary gas deal with Shell

Thursday, 8 March 2018

State oil giant Saudi Aramco signed a preliminary deal to pursue international gas opportunities with Royal Dutch Shell on Thursday as part of top crude exporter Saudi Arabia’s diversification drive before the listing of Aramco. The memorandum of understanding (MoU) signed in London between the two companies was during the official visit of Saudi Crown Prince Mohammed bin Salman to Britain, and would include gas upstream and liquefaction projects. “It is a discussion that began ...

Iraq oil ministry starts taking over Majnoon oilfield operations

Thursday, 21 December 2017

Iraq’s oil ministry said on Thursday it had started to take over operations of Majnoon oilfield from Royal Dutch Shell and planned to lift output in future. The ministry said it had formed a management team to handle production after Shell exits the field by the end of June. “The priority of the new management team is to cut the cost of producing a barrel (of crude) from Majnoon by 30 percent,” Oil Minister Jabar al-Luaibi said in a statement. Iraq plans to increase output ...

Shell to hand over Iraq’s Majnoon oilfield by end June 2018

Wednesday, 8 November 2017

Oil major Royal Dutch Shell agreed to exit the Majnoon oilfield and hand over its operation to the state-run Basra Oil Co. by the end of June 2018, two oil officials close to the deal said on Wednesday. A letter signed by Iraqi oil minister Jabar Luaibi, dated Aug. 23 and seen by Reuters, gave approval for the Anglo-Dutch company to quit Majnoon, a major oilfield near Basra which started production in 2014.

Shell agrees UK North Sea, Thai asset sales worth $4.7 bln

Wednesday, 1 February 2017

Sold a stake in Thailand’s Bongkot gas field to Kuwait Foreign Petroleum Exploration Company for $900 million

Shell appoints Gasser Hanter to head Egypt business

Thursday, 8 December 2016

Hanter, who is Egyptian, was named as upstream vice-president and managing director

Royal Dutch Shell buys BG group for $95bln

Wednesday, 8 April 2015

Royal Dutch Shell on Wednesday announced a mega takeover of British rival BG Group

Kuwait says to sign $12bn gas supply deal with Shell

Sunday, 11 May 2014

State oil group says it will sign six-year liquefied natural gas deal with Royal Dutch Shell

Energy giant Shell posts sliding 2013 profits

Thursday, 30 January 2014

Oil giant Royal Dutch Shell on Thursday posted a 39 percent slump in annual net profits

Qatar in $1bn deal to buy Brazil oil stake from Shell

Wednesday, 29 January 2014

Shell says it is selling 23% stake in oil project to Qatar Petroleum International

Iran names 7 Western oil companies it wants to return

Thursday, 5 December 2013

Roster of oil giants that could return to the Islamic Republic includes Royal Dutch Shell, BP and Exxon Mobil

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