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Posts on ‘August 11th, 2010’

Corrib offshore embarrassing obstacle on the seabed

The anchor is lying on its back imbedded in the seabed with the crown end of the shank submerged.

LATEST LEAKED SHELL INTERNAL EMAIL FROM ILL-FATED CORRIB GAS PROJECT IN IRELAND

From:     Scott, Hugh H SUKEP-EPE-T-WM
Sent:    31 July 2006 11:02
To:    Gillespie, Colynn M SUKEP-EPT-IT-ED; Read, St.John MS SEPIL-EPE-T-IP
Subject:additional debris on seabed

Colynn, St John,

We have dropped an anchor (15mT in weight with about 1 1/2ft of chain) while recovering at the P3 location. The anchor cannot be recovered by the rig and we thus forced to leave it behind.

The coords of anchor are:
138m from well centre at Easting 367,634, Northing 6,023,998

Can you mark up the survey drawings and inform the relevant parties of the new obstacle on the seabed. The next time a suitable vessel is in the field we should try to move/recover the anchor as it will interfere with future anchor patterns for a rig returning to location. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Contracts Put Bidders Off Shell,Exxon Gas Assets-Sources

THE WALL STREET JOURNAL

AUGUST 10, 2010

By Jessica Hodgson and Jan Hromadko Of DOW JONES NEWSWIRES

LONDON (Dow Jones)–Royal Dutch Shell PLC (RDSB) and Exxon Mobil Corp.’s (XOM) jointly-owned gas storage business in Germany is proving a tough sell to both corporate and financial investors, according to people who have looked at the assets.

Though the assets in themselves–storage facilities for natural gas–are high quality, the contracts associated with them are the worst of all worlds: they aren’t long enough for the infrastructure funds who typically look at assets like this, and paradoxically are too long for strategic investors like European energy companies, dampening enthusiasm at both ends of the market. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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