Projects & Technology

Shell’s Projects & Technology (P&T) organisation delivers more than half of Shell’s annual capital investment programme and develops and deploys new technologies to increase the competitiveness of its assets. This includes the coordination of research and development (R&D) that lays the technological foundation for the future. P&T also provides Shell’s functional leadership for safety and the environment. It therefore helps ensure that neither people nor nature are harmed during the construction and operation of Shell’s facilities.

Major project start-ups

Three barrels different filled (icon)
10

upstream projects with a combined plateau production of 197

Best-in-class wells

Oil platform (icon)
70%

of all wells drilled

Unit development costs

Barrel with a flame on it next to coins (icon)
-13.5%

reduction vs. 2017

R&D

Research and a coin (icon)
$1.0 billion

Investment in technology and innovation

Revenue

Order and stapled coins (icon)
$0.9 billion

From catalysts and technology licensing since 2017

R&D joint projects

Research share (icon)
260

launched in universities

kboe(/d)
thousand barrels of oil equivalent (per day); natural gas volumes are converted into oil equivalent using a factor of 5,800 scf per barrel
View complete glossary
kboe(/d)
thousand barrels of oil equivalent (per day); natural gas volumes are converted into oil equivalent using a factor of 5,800 scf per barrel
View complete glossary