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Shell Group Companies News

25 Sep 2014

Shell & Hyundai Open S. Korea Base Oil Plant

A joint venture company formed by Shell and Hyundai Oilbank, has inaugurated a new base oil manufacturing plant in Daesan, South Korea. The plant has the capacity to produce approximately 13,000 barrels per day or 650 kilotonnes of API Group II base oils per year. (Base oils are the key component of finished lubricants, making up on average of 60-80% of the end product). Mark Gainsborough, Executive Vice President for Shell Lubricants, said: “As the demand for higher quality lubricants is on the rise in Asia, the region is shifting away from Group I base oils towards increased use of Group II and Group III base oils. The plant was built to capture the growing demand for Group II base oils in Asia.

10 Jul 2007

VetcoGray Wins Shell Contract

VetcoGray, a GE Oil & Gas business, is supplying its latest MS-700 system deepwater technology to Shell Group Companies for the deepwater BC-10 project, recently named Parque das Conchas, located in Brazil's Campos Basin. The contract with Shell includes the supply of 12 MS-700 slimbore subsea wellhead systems and seven 42-inch liners, with delivery beginning in July of 2007. Once installed, the MS-700 slimbore wellhead systems will enable Shell to drill and complete wells in conjunction with their reduced bore riser and a surface blowout-preventer (BOP), thus exploiting the drilling capabilities of rigs with conventional operating envelopes, typically less than the actual water depth at Parque das Conchas (up to 1930m water depth).