• Upstream
  • Pipelines & Transport
  • Downstream
Saturday, August 30, 2025
Oil&Gas Advancement
  • Home
  • News
    US LNG exports

    US LNG Exports Fuel Shale Gas Production Expansion

    North Sea oil discovery

    Norway Uncovers North Sea Oil Discovery Amid UK Exploration Scrapped

    Oil Gas Exploration in Mediterranean Sea

    Eastern-Libya to Approve Turkey’s Oil & Gas Exploration in Mediterranean Sea

    Iraq Chevron Signs Deal

    Iraq, Chevron Signs Deal to Revitalise Oil and Gas Assets

    Yellowtail Field Project

    Saipem Completes Construction of Yellowtail Field Project

    Natural Gas Pipeline Expansion

    ICGB Secures Permit for Natural Gas Metering Station

    India Launches Deepwater Exploration Mission for Energy

    India Launches Deepwater Exploration Mission for Energy

    ExxonMobil Boosts Fourth Oil Development in Guyana to 900000 bopd

    ExxonMobil Boosts Fourth Oil Development in Guyana to 900,000 bopd

    Venture Capital Makes Phenomenal US LNG Investment

    Venture Capital Makes Phenomenal US LNG Investment

  • Projects
    Yellowtail Field Project

    Saipem Completes Construction of Yellowtail Field Project

    Venture Capital Makes Phenomenal US LNG Investment

    Venture Capital Makes Phenomenal US LNG Investment

    Mabadala Energy Invests in US Natural Gas Market Expansion

    Mabadala Energy Invests in US Natural Gas Market Expansion

    SEWA Implements Natural Gas Network Connection in the UAE

    SEWA Implements Natural Gas Network Connection in the UAE

    Adnoc Gas Expands LNG Supply to India for Decarbonisation

    Adnoc Gas Expands LNG Supply to India for Decarbonisation

    Natural Gas Transition Boost Economy in Northwestern Tunisia

    Natural Gas Transition Boost Economy in Northwestern Tunisia

    Cloudera and Aramco Plan to Collaborate on AI driven Digital Innovation in Saudi Arabia

    Cloudera and Aramco Plan to Collaborate on AI-driven Digital Innovation in Saudi Arabia

    Eni Ghana Expands Natural

    Eni Ghana Expands Natural Gas for OCTP to Power Ghana

    Var Energi Partners with TechnipFMC

    Var Energi Partners with TechnipFMC for Subsea Projects

  • Whitepapers

    OGA 2017 Post Show Report

    US Polyethylene Export Market Report 2017-2020

    US Polyethylene Export Market Report 2017-2020

    Embedded SSD Flash Management

    Enterprise SSD: More Than Just a New Kind of Hard Drive

    Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

    Don’t Miss the Unconventional Resource Revolution’s Next Wave

    Better Safety, Better Business: Maintain Compliance and Drive Revenue: Put All of Your Data to Work

    Breaking the Application Barrier: Why Data is the Most Valuable Asset in the Oil and Gas Industry

    Drilling Optimization Through Advanced Analytics Using Historical and Real-Time Data

  • Press Releases
    Cloudera and Aramco Plan to Collaborate on AI driven Digital Innovation in Saudi Arabia

    Cloudera and Aramco Plan to Collaborate on AI-driven Digital Innovation in Saudi Arabia

    Youth-Empowerment at Namibia Oil and Gas Conference 2025

    Namibia Oil and Gas Conference 2025 Announces Future Generations Masterclass in Partnership with the Namibia Youth Energy Forum

    Alaska LNG

    Glenfarne Announces Over $115 Billion of Strategic Partner Interest for Alaska LNG

    agreements with US companies

    Aramco announces 34 MoUs and agreements with US companies

    Sinopec Sets New Vertical Well Depth

    Sinopec Sets New Vertical Well Depth Record of 5,300 Meters

    Jubail Asset Integrity

    Jubail to Host the 3rd Asset Integrity and Process Safety Conference & Exhibition 2025

    IPTC 2025 Launched: Driving Innovation, Sustainability, and Excellence in Energy

    Ocean Business announces exhibitor list for 2025 show

    Ocean Business 2025 conference programme announced

  • Market Reports
    AI Technology Maturing the Oil and Gas Workforce

    AI & Technology Maturing the Oil and Gas Workforce

    HDPE Market in Oil and Gas

    HDPE Market in Oil and Gas: Trends and Global Forecast

    Top 5 Oil and Gas Sector Trends that are Active in 2025

    Oil-and-Gas-Analytics

    Oil and Gas Analytics Market Growth Trends and Forecast

    Gas-Transportation

    Transport Capacity – Key to Gas Sector Growth in India

    Offshore-Drilling

    Namibia Showcases its Offshore Drilling Activities

    Global-Oil

    Demand for Global Oil to Grow to Almost 104 mb/d in 2025

    ExxonMobil to sell Norway upstream operations for $4.5 billion

    ExxonMobil completes acquisition of Pioneer Natural Resources

    Ithaca Energy unit to acquire Chevron’s Central North Sea assets

    ExxonMobil doubles Permian footprint after finalizing Pioneer acquisition

  • Events
  • Contact Us
No Result
View All Result
Oil&Gas Advancement
No Result
View All Result
Home News

Shell invests in PowerNap subsea tie back in Gulf of Mexico

in News, Upstream
Shell invests in PowerNap subsea
Share on FacebookShare on Twitter

Shell Offshore Inc , a subsidiary of Royal Dutch Shell plc, has taken the final investment decision (FID) for the PowerNap deep-water project in the US Gulf of Mexico. PowerNap is a subsea tie-back to the Shell-operated Olympus production hub.

The project is expected to start production in late 2021 and produce up to 35,000 barrels of oil equivalent per day (boe/d) at peak rates. It is anticipated to have a forward-looking break-even price of less than $35 per barrel and is currently estimated to contain more than 85 million barrels of oil equivalent recoverable resources.

“PowerNap further strengthens Shell’s leading position in the Gulf of Mexico,” said Wael Sawan, Shell’s Upstream Director. “It demonstrates the depth of our portfolio of Deep Water growth options, and our ability to fully leverage our existing infrastructure to unlock value,” he added.

Shell has a leading deep-water portfolio with an exciting development funnel and strong exploration acreage in the US Gulf of Mexico, Brazil, Nigeria and Malaysia heartlands, as well as in emerging offshore basins such as Mexico, Mauritania and the Western Black Sea. Shell currently is the largest leaseholder and one of the leading offshore producers of oil and natural gas in the US Gulf of Mexico

Previous Post

Saskatchewan refinery wraps expansion debottlenecking project

Next Post

ExxonMobil Earns $3.1 Billion in Second Quarter 2019

Related Posts

US LNG exports
Gases

US LNG Exports Fuel Shale Gas Production Expansion

August 27, 2025
North Sea oil discovery
Exploration Development

Norway Uncovers North Sea Oil Discovery Amid UK Exploration Scrapped

August 27, 2025
Oil Gas Exploration in Mediterranean Sea
Exploration Development

Eastern-Libya to Approve Turkey’s Oil & Gas Exploration in Mediterranean Sea

August 25, 2025
Iraq Chevron Signs Deal
News

Iraq, Chevron Signs Deal to Revitalise Oil and Gas Assets

August 22, 2025
Yellowtail Field Project
News

Saipem Completes Construction of Yellowtail Field Project

August 21, 2025
Natural Gas Pipeline Expansion
News

ICGB Secures Permit for Natural Gas Metering Station

August 19, 2025
Next Post
Exxon Mobil Second Quarter 2019

ExxonMobil Earns $3.1 Billion in Second Quarter 2019

LatestNews

North Sea oil discovery
Exploration Development

Norway Uncovers North Sea Oil Discovery Amid UK Exploration Scrapped

August 27, 2025
Oil Gas Exploration in Mediterranean Sea
Exploration Development

Eastern-Libya to Approve Turkey’s Oil & Gas Exploration in Mediterranean Sea

August 25, 2025
Iraq Chevron Signs Deal
News

Iraq, Chevron Signs Deal to Revitalise Oil and Gas Assets

August 22, 2025
Yellowtail Field Project
News

Saipem Completes Construction of Yellowtail Field Project

August 21, 2025
Natural Gas Pipeline Expansion
News

ICGB Secures Permit for Natural Gas Metering Station

August 19, 2025
India Launches Deepwater Exploration Mission for Energy
Exploration Development

India Launches Deepwater Exploration Mission for Energy

August 16, 2025

About Us

Oil & Gas Advancement is a specialized platform delivering latest news and industry insights for the global oil and gas sector. Featuring market intelligence, expert opinions, events and updates, it serves as a trusted and strategic resource for industry stakeholders navigating energy transitions.

Subscribe Us

Resources

  • Advertise with us
  • Contact Us
  • Newsletter Archive
  • Download Mediapack

System

  • Search
  • Site Map
  • RSS Feed
  • Upstream
  • Pipelines & Transport
  • Downstream

© 2025 Copyright Valuemediaservices 2025 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Projects
  • Whitepapers
  • Press Releases
  • Market Reports
  • Events
  • Contact Us

© 2025 Copyright Valuemediaservices 2025 All rights reserved.