Wood signs global framework agreement with Shell

LONDON, UK: Wood Group, a global consulting and engineering company, has been awarded a multi-year enterprise framework agreement (EFA) to continue to provide services to Shell’s global projects. Bringing specialist consulting, engineering, procurement and project management expertise to Shell’s greenfield and brownfield projects, the agreement will see Wood continue to support projects that ensure energy…

Meridian agrees to sell Australian business for A$729mn

AUCKLAND; Meridian Energy’s Board has agreed the sale of Meridian’s Australian business to a consortium of Shell Energy Operations Pty Ltd and Infrastructure Capital Group (ICG) for A$729 million. On completion, Shell will become the owner of the retail business, Powershop Australia, while ICG will become the owner of the infrastructure assets (Mt Mercer and…

Cairn Energy acquires development and exploration assets in Egypt

LONDON, UK: Cairn Energy, together with its consortium partner Cheiron Petroleum Corporation, announced completion of the acquisition of a portfolio of upstream oil and gas production, development and exploration interests from Shell Egypt NV and Shell Austria GmbH in the Western Desert, onshore The Arab Republic of Egypt. Capricorn Egypt, a wholly owned subsidiary of…

Shell, Uber and Muawin collaborate for innovative fuel management solutions

KARACHI, PAKISTAN: Shell Pakistan Limited collaborated with Uber and Muawin by Cashew Financial Services, to deliver a fuel management solution with unparalleled features to Uber partner drivers. Through this collaboration, Uber partner drivers will get access to fuel financing from Muawin by Cashew Financial Services, to fulfill their mobility needs at Shell. By means of tech-enabled…

Shell and K-Electric inaugurate first electric vehicle charging station in Karachi

KARACHI: Shell Pakistan Limited (SPL) and K-Electric (KE) inaugurated the first ‘Rapid Charger’ station with a capacity of 50 kWh for Electric Vehicles at the Shell Askari-4 forecourt located at Rashid Minhas Road in Karachi. This initiative follows the signing of a Memorandum of Understanding (MoU) between both companies earlier this year; pursuant to which, Shell…

Shell accelerates drive for net-zero emissions with customer-first strategy

THE HAGUE: Shell has set out its strategy to accelerate its transformation into a provider of net-zero emissions energy products and services, powered by growth in its customer-facing businesses. A disciplined cash allocation framework and rigorous approach to driving down carbon emissions will deliver value for shareholders, customers and wider society. Shell also confirmed its…

Shell and K-Electric to explore possibility of electric vehicle charging stations

KARACHI: Playing an active part in the government’s aim to promote the use of Electric Vehicles, Shell Pakistan Limited (SPL) and K-Electric Limited (KE) have signed a Memorandum of Understanding (MoU), to jointly develop the first three Electric-Vehicle (EV) Charging Stations across Karachi and its connecting highways. The locations selected for installing 50 KWH Rapid…