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Tag: Upstream

Following a combination of significant increases in inflationary pressures and supply chain costs, Hexicon recognised an impairment on the Project in December 2025
The key limiting factor was disruptions in port infrastructure, primarily in Primorsk and Ust-Luga.

Shell agrees to sell Upstream Interests in Denmark to Noreco for $1.9 billion

Shell, through its affiliate Shell Overseas Holdings Limited, has reached an agreement with publicly listed Norwegian Energy Company ASA, to sell its shares in Shell Olie-og Gasudvinding Danmark B.V. for a consideration amount of $1.9 billion.

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