Projects & Technology

Key figures in 2019

R&D expenditure

$1

billion on technology development

revenue from catalysts and technology licensing

$1.1

billion

R&D projects with universities

223

joint projects

digitalisation benefits

$1

billion from cost reductions, production increases and increased margins

revenue from proactive technical modelling

$130

million additional revenue

projects delivered on or ahead of schedule

80%

of Shell's major projects

Goal Zero

0

Goal Zero ambition to achieve no harm and no leaks across all our operations

unit development cost reduction

-4%

 vs. 2018

Projects ongoing

150

operated and non-operated

Our Projects & Technology organisation manages the delivery of our major projects and drives research and innovation. Projects & Technology provides services to Shell operating companies, joint ventures and third parties. It is also responsible for providing expertise across Shell in the areas of safety and the environment, contracting and procurement, wells activities and the management of greenhouse gases.

Projects & Technology mainly generates income from service fees.

In our consolidated financial statements, the financial information for Projects & Technology is included in the Integrated Gas, Upstream and Downstream reporting segments. More than 12,000 people work in technology centres, offices and sites around the world for Projects & Technology, which has centres in the Netherlands, India, the USA and the UK.