Core Insights - Elsight plays a crucial role in the successful completion of a 320-mile aerial pipeline patrol mission for Shell Pipeline Company using a single Unmanned Aircraft System (UAS) in 7.6 hours [1][3] - The mission utilized Elsight's Halo communication system, which ensures reliable connectivity for BVLOS (beyond visible line-of-sight) operations by integrating various communication technologies [2][6] - The achievement demonstrates the capability of UAS to effectively patrol 300 linear miles of pipeline in a single flight day, surpassing project goals [4][3] Company Overview - Elsight is a market leader in connectivity solutions for unmanned and autonomous systems, providing high-bandwidth communications even in challenging environments [6] - The company focuses on delivering secure and reliable connectivity for both commercial and defense markets, enhancing operational capabilities for UAV manufacturers and operators [6] Industry Context - The use of UAS for utility inspection services is growing, with Phoenix Air Unmanned having conducted over 17,500 miles of unmanned linear infrastructure inspections [5] - The successful implementation of the Halo system is expected to enable regulatory approvals and scale operations within the UAV industry [3][5]

Shell plc (SHEL) recently awarded a major contract to offshore drilling giant Noble Corporation plc (NE) for its 2009-built semisubmersible rig, Noble Developer. The $70 million contract value is inclusive of the mobilization and demobilization of the rig and will make the rig available for a fixed period of 180 days. The Noble Developer will start operating for Shell in the third quarter of 2026 after completing its contract with Petronas.An Overview of Noble DeveloperNoble Developer is a DSS-21 column-sta ...

Shell plc (SHEL) recently decided to restart production at the Penguins field in the U.K. North Sea, utilizing a modern floating production, storage and offloading (FPSO) facility. The new FPSO, operated by Shell, will become the new export route for the revamped oil and gas production, replacing the previous route via the Brent Charlie platform, which discontinued its operations in 2021.The redevelopment program also involved drilling additional wells tied back to the new FPSO.SHEL’s Expectations From the ...

Canadian Natural Resources Limited (CNQ) and Shell Canada, an affiliate of Shell plc (SHEL) , have agreed on an asset swap transaction relating to the transfer of a working interest in the Athabasca Oil Sands Project (AOSP).The deal is expected to close by the first quarter of 2025, subject to certain regulatory approvals.The Asset Swap DealAccording to the deal, CNQ will trade 10% of its working interest in the Scotford Upgrader and Quest Carbon Capture and Storage facilities in exchange for Shell’s 10% wo ...

Retirement is complicated and you only get once chance to do it right. Don't miss out because you didn't know what was out there.The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns.Shell (NYSE: SHEL ) is one of the largest multinational oil companies in the world, with a market capitalization of roughly $200 billion. The company repo ...

Energy giant Shell is due to install a multi-billion pound gas platform in the North Sea this spring despite being blocked from drilling, Sky News understands.The Jackdaw field, which it is claimed could eventually power more than a million UK homes, has to get fresh approval from Downing Street to extract gas after a ruling this week by a Scottish court. A judge in Edinburgh decided the previous Conservative government acted "unlawfully" when it gave consent to Shell's Jackdaw and Rosebank, the UK's larges ...

Europe’s largest oil company, Shell plc (SHEL) , reported fourth-quarter 2024 earnings per ADS (on a current cost of supplies basis, excluding items — the market’s preferred measure) of $1.20. The bottom line came in well below the Zacks Consensus Estimate of $1.78 and fell from the year-earlier quarter’s earnings of $2.22 per American Depositary Share (ADS), dragged down by weaker realized prices, drop in trading margins and lower LNG sales.Find the latest EPS estimates and surprises on Zacks Earnings Cale ...

A Shell logo is displayed on May 03, 2024 in Austin, Texas.British oil giant Shell on Thursday reported a significant drop in annual profit following a year of lower crude prices.Shell posted adjusted earnings of $23.72 billion for the full-year 2024, compared to annual profit of $28.25 billion a year earlier.Analysts had expected Shell's full-year 2024 net profit to come in at $24.71 billion, according to an LSEG-compiled consensus.The energy major posted weaker-than-anticipated adjusted earnings of $3.66 ...

London, January 30, 2025 − The Board of Shell plc (the "Company") (XLON: SHEL, NYSE:SHEL, XAMS: SHELL) today announced an interim dividend in respect of the fourth quarter of 2024 of US$ 0.358 per ordinary share. Details relating to the fourth quarter 2024 interim dividend Per ordinary share(GB00BP6MXD84)   Q4 2024 Shell Shares (US$) 0.358 Shareholders will be able to elect to receive their dividends in US dollars, euros or pounds sterling. Absent any valid election to the contrary, persons holding the ...

London, January 30, 2025 "2024 was another year of strong financial performance across Shell. Despite the lower earnings this quarter, cash delivery remained solid and we generated free cash flow of $40 billion across the year, higher than 2023, in a lower price environment. Our continued focus on simplification helped to deliver over $3 billion in structural cost reductions since 2022, meeting our target ahead of schedule, whilst also making significant progress against all our other financial targets1. T ...