Shell plc’s SHEL Brazil affiliate has taken another decisive step in strengthening its offshore portfolio by signing contracts for four new exploration blocks in the Santos Basin. These assets, ...

MEXICO CITY (Reuters) - Royal Dutch Shell (RDSa.L) snapped up nine of 19 Gulf of Mexico oil and gas blocks awarded in a Mexican auction on Wednesday, as the global oil major ramped up its big bet on ...

PETRONAS awarded two Production Sharing Contracts to Shell and PETRONAS Carigali Sdn Bhd for the ultra-deepwater Blocks ND6 and ND7 offshore the east coast of Sabah. PETRONAS awarded two Production ...

UK supermajor Shell intends to return two exploration blocks in the deep-water section of the Salina basin offshore Mexico after failing to unlock commercial resources in the area. The move takes ...

BP Plc BP and Shell Plc SHEL entered an agreement to explore three deepwater blocks in Trinidad and Tobago for producing hydrocarbons, per Reuters. Both companies have expressed interest in the ...

Sept 21 (Reuters) - A BP Plc BP.L and Shell Plc SHEL.L consortium is near to striking an agreement with Trinidad and Tobago to explore three deepwater blocks in the Caribbean country, the companies ...

Shell (SHEL) will spend ~$1 billion for seismic surveys and drilling on new oil blocks in Angola, as the country seeks to raise production that has declined over the years, the chairman of the oil ...