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Posts on ‘March 7th, 2017’

Malabu Scandal: How Shell used former British spies to gather intelligence while negotiating purchase of OPL 245

Nicholas Ibekwe and Idris Akinbajo: 5 March 2017

Multinational oil giant, Shell, set up an Intelligence network made up of some of Europe’s top spies which gathered information on some of the top actors involved in the infamous Malabu oil scam during the negotiations leading to payment of $1.1 billion for OPL 245, an investigation by UK-based Finance Uncovered has revealed.

The network made up of former members of UK’s MI6 spy agency, including Guy Colegate and John Copleston, gathered information which they circulated within Shell.

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Shell Fears Reopening Twice-Bombed Nigerian Pipeline

By Zainab Calcuttawala – Mar 06, 2017, 4:40 PM CST

Royal Dutch Shell fears that reopening a pipeline in Nigeria will cause local separatist groups to re-bomb the facility for a third time, according to reports emerging from the area.

The Trans Forcados Pipeline, which takes 400,000 barrels to the Forcados export terminal every day, has been out-of-operation for all but three weeks in the past year, according to risk analysis published by SBM intelligence on Friday.

Previously, militants dove underwater to install bombs near the section of the pipeline in the Atlantic Ocean that they aimed to destroy. Shell brought in underwater engineers to repair the pipeline in an act of defiance against the militants and their most sophisticated attack to date.

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Saudi Aramco to Pay Shell $2.2 Billion in Refinery Breakup

by Javier Blas, Joe Carroll, and Margot Habiby: 7 March 2017

Saudi Arabian Oil Co. will pay Royal Dutch Shell Plc $2.2 billion including debt to finalize the breakup of a 19-year refining partnership known as Motiva Enterprises LLC.Saudi Aramco’s Saudi Refining unit will take full ownership of the Motiva Enterprises name and legal entity, including the largest refinery in the U.S. at Port Arthur in Texas, and 24 distribution terminals, according to a joint statement. Shell will take sole ownership of the Norco and Convent refineries in Louisiana and 11 distribution terminals.

Aramco will make a $2.2 billion balancing payment, split between debt and cash and subject to adjustments including working capital, Shell said in a separate statement. Aramco will assume almost all of Motiva’s $3.2 billion of net debt, including $1.5 billion of Shell’s share. A cash payment will cover the balance, Shell said. The arrangement will also take the Anglo-Dutch company closer to its target of selling $30 billion of assets in the three years to 2018.

“Motiva is a strong competitor among U.S. refiners, and we value this important link with the dynamic U.S. energy sector,” said Abdulaziz Al-Judaimi, senior vice president of Aramco’s downstream business. “Our intent is to continue providing Motiva with strong financial support as it transitions into a stand-alone downstream affiliate.”

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More about Shell “Show Trial” at Nyhamna Gas Plant

MORE INFORMATION – PLEASE READ IN CONJUNCTION WITH THESE ARTICLES

Climate of fear at Shell Nyhamna Gas Plant in Norway

SHOW TRIAL OF A SHELL NORWAY SAFETY REP

Translated script that Nyhamna Gas Plant Manager read from at staff canteen meeting filmed by Shell

Informers regime at Shell Nyhamna Gas Plant

# the company’s so-called Facts Survey was carried out by a lawyer and a psychologist hired by Shell and working within ”Terms of the Reference” created by Shell. It is clear with hindsight that the real purpose of making a Facts Survey about the work environment was actually to seek grounds for the dismissal of the elected Main Safety Delegate, Runar Kjoersvik, perceived by management as a troublemaker. He was too conscientious and too diligent on behalf of co-workers who elected him as their Main Safety Delegate.

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Translated script that Nyhamna Gas Plant Manager read from at staff canteen meeting filmed by Shell

Everyone present was well aware that the person referred to variously as “someone”, “an employee”, “HVO”,  “safety delegate”, and “Main Safety Delegate”, but never actually named, was the elected Main Safety Delegate, Runar Kjoersvik. He was also present for his cringe-making humiliation in front of around 150 co-workers called to the meeting by Shell. The reference to “Terminate” was a reference to him. Again, everyone assembled for the surely unprecedented event with some resemblance to a show trial knew this. 

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How Nigeria Created the Insecurity in Ogoniland and How to Deal with It

This post is the opinion of Fegalo Nsuke, Publicity Secretary of The Movement for the Survival of the Ogoni People (MOSOP).

The disharmony between Nigeria and the Ogoni people over oil may be a familiar terrain, the recent and heightened security situation in Ogoni may no longer be news. But what may not be well known is how the Nigerian government significantly contributed to the current insecurity involving armed bandits in Ogoni.

In the past one month, I have toured all parts of Ogoniland. From Nyokhana, to Ken-Khana, Gokana, Bori special area, Tai, Eleme and Ban Ogoi special area. Despite the largely inflated insecurity problem, it was glaring that there was little, insignificant Police presence in the Ogoni.

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