ABU DHABI – November 02, 2026 -- Nearly one billion barrels of crude have been drained from inventories since the Strait of Hormuz disruption, ADNOC Group CEO Sultan Al Jaber said at the opening of ADIPEC 2026, as he urged the energy industry to fundamentally rethink how it builds, protects and delivers secure energy.

Houston – October 28, 2026 -- Shell Offshore Inc. has started production at Phase 3 of the Silvertip project, adding two wells that are expected to produce up to 6,000 barrels of oil equivalent per day (boe/d) at peak rates at the Shell-operated Perdido spar in the Gulf of America.

Silvertip Frio wells are tied into existing subsea infrastructure

The two wells sit in the Silvertip Frio reservoir, where Shell holds 40% and operates, and Chevron U.S.A. holds 60%. Phase 3 connects them to subsea infrastructure already in place, avoiding a new host facility.