Shell has determined that an oil discovery off the coast of Namibia is not commercially viable, leading to a projected write-down of around $400m (£325.52m), reported Reuters. This decision is a ...
Shell has secured a multi-year contract for the VALARIS DS-8 drillship for work on the Orca project in the Santos basin presalt offshore Brazil, as well as a separate contract for the Deepsea Mira for ...
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