SAE 10W-40. Royal Dutch Shell avoided its first ever quarterly loss after strong oil trading helped offset a slump in revenue from its oil and gas operations as a result of the coronavirus pandemic. Close up side view of Kurt Shallenberger talking. In April 2018 Shell announced the final investment decision for Vito, a deep-water development in the US Gulf of Mexico with a forward looking break-even price estimated to be less than $35 per barrel. With global production progressing to more than 900,000 boe per day, Shell has deep-water projects and opportunities in the U.S., Brazil, Nigeria, Malaysia, and Mexico. Vito is expected to reach peak production of approximately 100,000 barrels of oil equivalent (boe) per day, which represents a significant contribution to our continued growth in the Gulf of Mexico. The forward-looking breakeven price presented above is calculated based on all forward-looking costs associated from FID. Side view of Edwin Verdonk talking about Vito. VITO FT 440 Change your oil as needed - never too early, never too late. SAE 15W-50. Testing devices VITO FT 440 Change your oil as needed - never too early, never too late. First oil from the Vito oilfield is expected in 2021. Credit: Jumbo. Vito, which Shell is operating in a joint venture with Equinor, was given the go-ahead for funding in April and is currently scheduled to begin production in 2021. This is the minimum scope that is required, question ourselves have we added functionalities that we really don’t need, and also it is one of those core beliefs that simpler is safer. For now we have a project that is robust, that we can execute and we can get on production by 2021. 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Comprising a single topsides module supported by a four-column semisubmersible floating hull, the Vito FPU is designed with a throughput capacity of 100,000 b/d of oil and 100 MMscf/d of gas. With global production progressing to more than 900,000 boe per day, Shell has deep-water projects and opportunities in the U.S., Brazil, Nigeria, Malaysia, and Mexico. Animated drawing showing a drilling platform being built. First oil is slated for 2021. Shell first oil and gas from Bardolino Oct 07, 2010 Shell U.K. Limited (Shell) has started producing oil and gas from the Bardolino field in the Central North Sea. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Royal Dutch Shell. The company managed to reduce costs on Vito by more than 70% by redesigning the project. Melodic instrumental music featuring strings. Located over four blocks in the Mississippi Canyon area, the Vito development will consist of asemisubmersible host facility and eight subsea wells with deep (18,000 ft) in-well gas lift. Accordingly, this typically excludes exploration and appraisal costs, lease bonuses, exploration seismic and exploration team overhead costs. SAE viscosity grade for engine oil for MERCEDES-BENZ VITO. 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With 40-years of Shell leadership in deep water, Vito will be Shell’s 11 th deep-water host in the Gulf of Mexico and is currently scheduled to begin producing oil in 2021. Vito will be Shell’s 11th deep-water project in the area. I’m very proud of the Vito family we’ve created. Readers should not place undue reliance on forward-looking statements. On April 24, 2018, Shell announced the final investment decision for Vito, a deep-water development in the U.S. Gulf of Mexico with a forward-looking, break-even price estimated to be less than $35 per barrel*. 10/10 Based on over 10957 customer ratings . Artist’s impression of drilling platform in yellow against a vivid blue sky. These terms are also used where no useful purpose is served by identifying the particular entity or entities. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Shot changes to a close-up, side view of him. The forward-looking breakeven price is calculated based on our estimate of resources volumes that are currently classified as 2p and 2c under the Society of Petroleum Engineers’ Resource Classification System. Oil major Shell is working on making a Final Investment Decision in 2020 on its large deepwater Gulf of Mexico oil find named Whale. SAE 10W-60. Shell made the discovery, one of its largest exploration finds in the past decade in U.S. Gulf of Mexico, back in February 2018. In 2015, Shell began to redesign the Vito project, ... Talos delivers first oil from Gulf of Mexico Bulleit field. No assurance is provided that future dividend payments will match or exceed previous dividend payments. The project’s pace has slowed and an investment decision has been put off to next year, a Chevron spokeswoman said. The Vito development is owned by Shell Offshore (63.11% operator) and Statoil USA E&P Inc. (36.89%); the field is located beneath more than 4,000 feet of water, approximately 150-miles southeast of New Orleans. Vito. Side view, close-up of Eirik Sorgard talking about the construction of Vito. We’re not just competing with our history, we are competing with the best that the world has to offer. The forward-looking breakeven price is calculated based on our estimate of resources volumes that are currently classified as 2p and 2c under the Society of Petroleum Engineers’ Resource Classification System. * The forward-looking breakeven price presented above is calculated based on all forward-looking costs associated from FID. A shot of sun going down, reflected on surface of sea. Vito is the first primary example of going for more and more competitive resilience. Description:  Pivotal moments in the offshore business. This decision sets in motion the construction and fabrication of a new, simplified host design and subsea infrastructure. Apr 24, 2018. Shell Invests in Vito in the Gulf of Mexico. SAE 5W-30. With 40-years of Shell leadership in deep water, Vito will be Shell’s 11th deep-water host in the Gulf of Mexico and is currently scheduled to begin producing oil in 2021. A shot of sun going down, reflected on surface of sea. CASTROL LL, EDGE TITANIUM FST Engine Oil 5W-30, Capacity: 5l, Synthetic Oil. Close up side view of Kurt Shallenberger talking. The field lies in 4,000ft of water and spans four blocks within the Mississippi Canyon area, namely blocks 940, 941, 984 and 985. Vito will be Shell’s 11th deep-water host in the Gulf of Mexico and is currently scheduled to begin producing oil in 2021. Text displays next to diagram: VITO IS MORE THAN 4000 FT BELOW SURFACE. In July 2009, Anadarko discovered Vito in the Block MC 984 by 1,234 meters of water depth and 9,449 meters of total depth. Animated diagram of drilling platform at sea level showing the depth the drills go beneath water. Front view of Kurt Shallenberger facing camera talking about Vito. SAE 20W-50. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as “joint ventures” and “joint operations”, respectively. Shot changes to show a coastline map with New Orleans pinned in red. SAE 10W-50 . U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov. All ground-breaking moving deep water. VITO XL VITO XL - the world‘s most innovative vacuum filtration system! This team has the opportunity to take their creativity and really be the pace-setters for what’s to come in deep water. These forward-looking statements are identified by their use of terms and phrases such as “aim”, “ambition’, ‘‘anticipate’’, ‘‘believe’’, ‘‘could’’, ‘‘estimate’’, ‘‘expect’’, ‘‘goals’’, ‘‘intend’’, ‘‘may’’, ‘‘objectives’’, ‘‘outlook’’, ‘‘plan’’, ‘‘probably’’, ‘‘project’’, ‘‘risks’’, “schedule”, ‘‘seek’’, ‘‘should’’, ‘‘target’’, ‘‘will’’ and similar terms and phrases. Product … Located over four blocks in the Mississippi Canyon area of the Gulf of Mexico, the Vito development will consist of eight subsea wells with deep (18,000 feet) in-well gas lift. Each forward-looking statement speaks only as of the date of this release, April 24, 2018. Vito plays into deep water’s future by learning how to make the possible affordable. Wael Sawan sits facing camera. These risk factors also expressly qualify all forward-looking statements contained in this release and should be considered by the reader. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this release. All forward-looking statements contained in this release are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Since then Shell and its partners share the working interests in Vito as following: – Shell 55% is the operator VITO needs no supervision and offers the highest work safety due to no contact with the hot frying medium. Building on Shell’s history of leadership in the Gulf of Mexico, Vito will be Shell’s … Erik Sorgard, facing camera talking about Vito project. Vito is expected to reach peak production of about 100,000 boe/d. In this release “Shell”, “Shell group” and “Royal Dutch Shell” are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Vito plays into deep water’s future by learning how to make the possible affordable. Closer shot of part of drilling platform with sign on side with AUGER in large red letters. Vito is located over Mississippi Canyon Blocks 940, 941, 984 and 985, and is a 1000ft … Additional risk factors that may affect future results are contained in Royal Dutch Shell’s Form 20-F for the year ended December 31, 2017 (available at www.shell.com/investor and www.sec.gov ). SAE 0W-30. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. Wael Sawan sits facing camera. This release contains forward-looking statements (within the meaning of the U.S. Shell Pecten centred on a white background with text displaying below. I’m very proud of the Vito family we’ve created. Text displays next to diagram: VITO IS MORE THAN 4000 FT BELOW SURFACE. Vito oilfield was originally planned to be developed as a satellite field tied-back to the Appomattox development, but was later deemed to require its own production infrastructure owing to its size. With 40-years of Shell leadership in deep water, Vito will be Shell’s 11th deep-water host in the Gulf of Mexico and is currently scheduled to begin producing oil in 2021. EAN: 4008177111624. If you’ve got questions, feedback or ideas you would like to share, send us a message or call us: Toll Free: +1 844 385 1614 Phone: +1 847 859 0398 Fax: +1 847 770 4701. Vito’s cost savings are due to the simplified design, in addition to working collaboratively with vendors in a variety of areas including well design and completions, subsea, contracting, and topsides design. A bank of monitors is behind him. With global production progressing to more than 900,000 boe per day, Shell has deep-water projects and opportunities in the U.S., Brazil , Nigeria , Malaysia , and Mexico . Animated view of drilling platform being built. In the foreground the hook of a crane rises. Entities over which Shell has significant influence but neither control nor joint control are referred to as “associates”. View over the sea at Sunrise. Animated diagram of drilling platform at sea level showing the depth the drills go beneath water. Vito is another pivotal moment but not about going deeper but making it affordable and repeatable. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this release, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions. Take a closer look at the journey of Vito to a final investment decision in the video below. Aerial views of different drilling platforms at sea. Animated drawing showing a drilling platform being built. Shell, the operator of Vito with 63.1% interest, and partner Statoil (36.9%), remain committed to progressing the Vito development towards a final investment decision in 2018, a company spokesperson told OE. With 40-years of Shell leadership in deep water, Vito will be Shell's 11 th deep-water host in the Gulf of Mexico and is currently scheduled to begin producing oil in 2021. It is currently scheduled to begin producing oil in 2021 and has estimated recoverable resources of 300 million boe. Side view, close-up of Eirik Sorgard talking about the construction of Vito. With 40-years of Shell leadership in deep water, Vito will be Shell’s 11 th deep-water host in the Gulf of Mexico and is currently scheduled to begin producing oil in 2021. 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Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Pivotal moments in the offshore business. Average peak production is estimated to reach approximately 100,000 barrels of oil equivalent per day. Vito will be Shell’s 11th deep-water host in the Gulf of Mexico and is currently scheduled to begin producing oil in 2021. Over the past 100 years, Shell has continued to help preserve and protect our communities through conservation projects and initiatives. Shell is a global group of energy and petrochemical companies. Shell said the development’s break-even price would be below $35 per barrel. We may have used certain terms, such as resources, in this release that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. “Elizabeth appreciated that our experience had some value, that we had seen a lot of stuff,” says Diegel. Close-up, side view of Kurt Shallenberger talking about the future of Vito. In April 2018 Shell announced the final investment decision for Vito, a deep-water development in the US Gulf of Mexico. Erik Sorgard, facing camera talking about Vito project. An arrow moves from New Orleans to where Vito is to be sited 150 miles South East of New Orleans. Vito is the first primary example of going for more and more competitive resilience. It is currently scheduled to begin producing oil in 2021. Six more development wells will subsequently come on stream, raising the production capacity of the field. Get in touch . For now we have a project that is robust, that we can execute and we can get on production by 2021. Front view of Kurt Shallenberger facing camera talking about Vito. Animated drawing showing a drilling platform being built. The development currently has an estimated, recoverable resource of 300 million boe. The Vito development will be Shell’s 11th deep-water host in the Gulf of Mexico. The Vito development is owned by Shell Offshore (63.11% operator) and Statoil USA E&P Inc. (36.89%); the field is located beneath more than 4,000 feet of water, approximately 150-miles southeast of New Orleans. There is the philosophy that went into constructing it. Shell Helix Ultra with PurePlus technology. Shell Helix Fully Synthetic Motor Oils. Shell made the decision to invest in the Stones field development project in May 2013. Distributed Energy Resources vs. Demand Response: What’s The Difference? SAE 5W-40. This team has the opportunity to take their creativity and really be the pace-setters for what’s to come in deep water. The Vito field was discovered in 2009, 12mi from the Shell-operated Mars tension leg platform. Side view of Edwin Verdonk talking about Vito. Shell Helix fully synthetic oils are manufactured from 100% synthetic base stock and high quality additives to achieve higher performance levels than both synthetic technology and mineral oils. Shell Vito. There is the philosophy that went into constructing it. VITO Oiltester Change your oil as needed - never too early, never too late. This is the minimum scope that is required, question ourselves have we added functionalities that we really don’t need, and also it is one of those core beliefs that simpler is safer. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest. Darylene Harris Recognized in Faces of Diversity, Shell Invests in the Vito Development in the Gulf of Mexico, April 24, 2018, Shell Invests in the Vito Development in the Gulf of Mexico, Shell Offshore Inc. (63.11% operator) and Statoil USA E&P Inc. (36.89%). Shell invests in the Vito development in the Gulf of Mexico. 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