Latest News

Ben van Beurden will step down as Chief Executive Officer (CEO) at the end of 2022, and that his successor will be Wael Sawan. Wael’s appointment is effective January 1, 2023*, when he will also join Shell’s Board of Directors.

Latest analysis from Westwood Global Energy Group (Westwood), the specialist energy market research and consultancy firm, reveals that blue hydrogen projects account for over 16 GW of total announced hydrogen capacity in the UK and Norway, equivalent to approximately 90% of the hydrogen projects total for the same region. The UK alone accounts for 13 GW capacity.

EST-Floattech has appointed Mark Witjens as Chief Executive Officer (CEO) and Joep Gorgels as Chief Financial Officer/Chief Business Development Officer (CFO/CBDO). With these appointments, the company that develops intelligent energy storage systems is preparing for further international growth and the roll-out of the new product: the Octopus Series.

Global completions specialist Tendeka has signed a new multi-year contract extension to exclusively deliver standardized sand-face completion equipment across all Equinor’s assets on the Norwegian Continental Shelf (NCS).

In compliance with congressional direction in the Inflation Reduction Act, the Bureau of Ocean Energy Management (BOEM) has accepted 307 highest valid bids from Lease Sale 257 in the Gulf of Mexico, totaling $189,888,271. BOEM originally held the lease sale in November 2021; a federal judge invalidated the results in February of this year.

September has quickly become an exciting and busy month for the offshore wind industry. To support the many projects and deadlines the industry is working toward, the Network is extending its Ventus Awards nominations deadline to October 3.

During his trip to Denmark, Patrick Pouyanné signed an agreement with the President of the Technical University of Denmark (DTU) concerning the creation of the DTU-TotalEnergies Excellence Center of Clean Energy. This advanced research center will focus on developing reliable, profitable, low-emission energy solutions that will reduce the intermittence of renewables and accelerate the decarbonization of industrial facilities.

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