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April 10th, 2014:

Shell Prelude: A cause for celebration or concern?

Prelude stores thousands of tonnes of LNG and LPG with an almost constant and simultaneous operation of loading this product onto carrier vessels moored alongside. So any Safety Case has to look at the combined risks of Prelude and the carrier vessel moored alongside.

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BP Texas City Refinery Explosion March 2005

Screen Shot 2014-04-10 at 20.41.26Fourth in a series of articles by Bill Campbell (right), retired HSE Group Auditor, Shell International, about safety issues relating to the Shell Prelude FLNG project

John

Hope you find this interesting, perhaps your contributors can answer the question posed at the end.

When I started to write these articles I was struck by the manner in which Prelude FLNG as a hazardous substances plant turned the conventional wisdom of plant design and layout on its head.  Could such an installation be approved in the offshore UK for example?  A hypothetical question but one worthy of an answer.  I don’t believe it could. After all the Health and Safety Regulator in the UK, the custodian and owner of the many British Standards and codes for the design and layout of onshore hazardous substances plants, is the same Regulator for the offshore oil and gas industry. This is also the same Regulator that followed up on Cullen’s recommendation and put in place a suite of legislation requiring offshore installations to restrict the heat energy in an emergency, so ensuring hydrocarbon events could not escalate to threaten the newly installed temporary refuges. Prelude stores thousands of tonnes of LNG and LPG with an almost constant and simultaneous operation of loading this product onto carrier vessels moored alongside. So any Safety Case has to look at the combined risks of Prelude and the carrier vessel moored alongside. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Controversial Corrib field to pump gas by next year

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Extracts from an article by Sarah McCabe published 10 April 2014 by the Irish Independent

The development of the field off the north-west coast has been plagued by setbacks, which have delayed it for more than 13 years. Construction of a 4.9km tunnel under Sruwaddacon Bay, a special conversation area, is also progressing, new company documents show. Development of the tunnel was suspended last year after 26-year-old German hydraulics specialist Lars Wagner was tragically killed, following fatal head injuries sustained while working on it. Mayo natural gas find Corrib was first discovered in 1996. It was originally expected that gas would start flowing from it by 2003, meaning the project is now some 13 years behind the original schedule. Reports suggest the cost of developing it has come in around four times as much as original estimates, reaching €3bn. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Under oath admission of tax dodging in Alaska by Shell executive

Screen Shot 2013-06-19 at 17.10.39Extracts from an article published by Sit News on 9 April 2014 under the headline: ‘Under Oath’ Request Unprecedented

(SitNews – Ketchikan, Alaska) – Yesterday Senator Hollis French (D-Anchorage) sent a letter to Resources Chair Senator Cathy Giessel requesting that she use her statutory authority to swear in the oil industry witnesses who were scheduled to appear before the Resources Committee today (Wednesday, April 9, 2014). The investigation surrounding the grounding of Royal Dutch/Shell’s Arctic drilling rig, the Kulluk, had a role in French’s decision to make the request. Through a series of problems the Kulluk went aground. Questions arose about whether Shell took the risky move of a mid-winter tow to avoid paying millions in state property taxes. A Shell executive told the press that tax considerations had nothing to do with the move. The same executive later admitted under oath that Alaska tax laws influenced the move. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell remains committed to Alaskan arctic

Ann Pickard, Head of Shell's Arctic Adventures

Ann Pickard, Riding to the Rescue of Shell’s Arctic Fiasco

Extracts from an article by Daniel J. Graeber published 9 April 2014 by UPI

HOUSTON, April 9 (UPI) — The arctic waters off the Alaskan coast may be one of the more promising reserve basins in the nation, but exploration will have to wait, Shell said Wednesday. Ann Pickard, executive vice president for Shell’s arctic programs, said arctic nations have decided to open their waters to exploration and her company aims to develop those reserves responsibly. Last week, the U.S. Coast Guard published a 152-page report on Shell’s operations in Alaska. Shell’s drillship Kulluk struck ground off the Alaskan coast in 2012, and the Coast Guard blamed harsh winter conditions and the company’s efforts to escape Alaskan tax laws for the incident. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Congressional Committee was lobbied on behalf of Shell derivatives trading arm

Screen Shot 2014-02-10 at 16.29.29Extract from a Reuters article published 10 April 2014 under the headline: “Non-banks notch a win in battle of derivatives”

Companies including INTL FCStone Inc, Nomura Holdings Inc, Cargill Inc and Royal Dutch Shell Plc lobbied a congressional committee to change a rule proposed by the U.S. Commodities Futures Trading Commission on how much capital they must hold against derivatives trades as dealers. Cargill and Shell have derivatives trading arms.

FULL ARTICLE

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell’s UK corporation tax bill tumbles

Screen Shot 2014-04-10 at 00.19.29Extracts from an article by ROB DAVIES published 9 April 2014 by This is Money.co.uk under the headline: “Shell’s UK corporation tax bill tumbles by nearly 90 per cent as company invests more in North Sea and production declines”

Shell’s UK corporation tax bill tumbled by nearly 90 per cent to just £55.5m last year, as the company invested more in the North Sea and production declined. Shell’s UK bill fell from £487m last year to £55.5m, less than it paid in Nigeria, Norway, Australia, Malaysia, Canada and Italy.

Shell’s public image was tarnished last week by a report from the US Coastguard which criticised readiness for Alaskan Arctic drilling. …the US Coastguard assessment of Shell’s preparedness was rather more cutting. The report criticised the plan for towing the Kulluk, saying Shell showed a ‘lack of respect’ for the conditions. It also said Shell’s decision to tow the Kulluk to Seattle amid rough winter seas was partly motivated by a desire to cut tax, something former boss Peter Voser denied. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.