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Posts on ‘May 20th, 2011’

Shell eyes up deep-sea resources with world’s first floating natural gas rig

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Gas giant eschews Arctic oil rush to moor 500-metre, 600,000-tonne construction off Australian coast

Fiona Harvey: Friday 20 May 2011 16.29 BST

httpv://www.youtube.com/watch?v=nVs9qjF5Uzo&feature=player_embedded

Shell unveils its plans for a vast offshore gas facility

The world’s first floating natural gas platform is to be built by Royal Dutch Shell, opening up vast new areas of the deep seabed for gas exploration.

The massive platform, nearly half a kilometre long, will be the biggest floating offshore drilling structure in the world, weighing in at about 600,000 tonnes – equivalent to six aircraft carriers – and staffed by 110 people at a time. Five times more steel will be used in its construction than went into the Sydney Harbour Bridge. Shell would not say how much it is expected to cost, but the total cost of exploiting the company’s Australian off-shore oil fields, where it will be used, is likely to exceed $30bn. read more

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Shell’s Brinded Says New Gas Platform Is `Game Changer’

httpv://www.youtube.com/watch?v=NIc7dB_LcZ8

May 20 (Bloomberg) — Malcolm Brinded, executive director of production at Royal Dutch Shell Plc, talks about the company’s planned Prelude natural-gas processing platform off northwest Australia. He speaks from Perth with Mark Barton on Bloomberg Television’s “On The Move.” (Bloomberg)

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.

Permits for Arctic drilling to take time-Shell CEO

Fri May 20, 2011

INTERLAKEN, Switzerland May 20 (Reuters) – Oil major Royal Dutch Shell (RDSa.L: Quote) expects the approval process for an exploratory drilling programme for Arctic waters off Alaska to take some time, Chief Executive Peter Voser said on Friday.

“We plan to drill up to 10 wells in 2012 and 2013. We are in the process for applying for the so-called permits, but this is going to take some time,” Voser said on the sidelines of the Swiss Economic Forum in Interlaken, Switzerland. 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.

Shell Nigeria divestment plan hit by scandal

Friday, 20 May 2011 00:00 Olusola Belo

Shell’s plan to divest from its OML 40 has been engulfed in a scandal after it emerged that one of the prospective buyers of the oil lease, Vertex has petitioned the Petroleum minister, alleging irregularities in the sale process.

The company is alleging a complete lack of transparency by the Anglo Dutch oil giant which may have side tracked its own laid down procedure.

In the letter to the minister titled, “Urgent request for ministerial intervention – OML 40 divestment,” Vertex said, “the structure of the current divestment was hinged on a firm and final bid. However, the process was switched into selective auction in which some bidders were unaware of the changing rules. 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.

Shell Approves Floating LNG Project

May 20, 2011

By ROSS KELLY

SYDNEY—Royal Dutch Shell PLC on Friday approved construction of a giant vessel designed to chill natural gas for export at sea, allowing it to unlock gas deposits stranded hundreds of miles from land.

Similar vessels are being considered for several projects in deep water around the world where piping gas back to land to be liquefied would be too costly. Shell’s final investment approval for its Prelude floating liquefied natural gas development marks the first time that construction of such a vessel has been approved anywhere. 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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