Shell resumes production at Penguins field with new FPSO, its first North Sea facility in more than 20 years. Penguins field targets peak output of 45,000 boe/d, with 100M boe in estimated ...

Shell plc, the multinational oil and gas company, announced on Tuesday that it has resumed oil production at the Penguins oil field in the UK North Sea. This restart was made possible by the ...

Shell plc SHEL recently decided to restart production at the Penguins field in the U.K. North Sea, utilizing a modern floating production, storage and offloading (FPSO) facility.The new FPSO ...

It is also the second unit developed for Shell for work in Brazilian waters. The FPSO can produce approximately 120,000 barrels of oil per day (bopd), along with associated gas and water.

Shell owns 100% of the Stones development and by owning the FPSO, it will assume operatorship of the project "in its entirety", SBM said. Related Stepping Stones to start-up ...

Shell's latest floating production, storage and offloading vessel has been successfully installed on an offshore oilfield in the UK North Sea. The designer of the Penguins FPSO, Sevan SSP, said ...

Shell (SHEL) Brasil Petroleo, a subsidiary of Shell, announced the start of production of the floating production storage and offloading facility, FPSO, Marechal Duque de Caxias in the Mero field ...

After Shell and its partner Fluor, which built the FPSO, informed the defendants of their intention to make a claim in February, the court granted time for the parties to negotiate out of court.