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Posts on ‘October 12th, 2011’

Shell Nigeria hopes to resume normal production by November

12 October 2011

LAGOS — Oil giant Shell said Tuesday it hopes to resume normal production levels in Nigeria by early November a day after announcing that it may not meet contractual obligations on certain oil exports due to a pipeline attack.

Following the attack on the 50-kilometre (30 miles) Trans Forcados pipeline, the Shell Nigeria joint venture declared ‘force majeure’, freeing it of contractual obligations on certain exports from Nigeria through December.

But Shell said in a statement that repair on the pipeline had begun and that production may resume earlier than previously thought. 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 executives see industry benefitting from oil-spill cleanup contest

OIL&GAS JOURNAL

HOUSTON, Oct. 11
By Paula Dittrick
OGJ Senior Staff Writer

The X Prize Foundation, a nonprofit organization, along with philanthropist Wendy Schmidt, presented a $1 million first-place award to Elastec/American Marine Oct. 11 during a ceremony in New York.

Elastec/American Marine of Carmi, Ill., and Cocoa, Fla., achieved more than three times the industry’s previous best oil recovery rate tested in controlled conditions.

The second-place winner, NOFI from Tromso, Norway, won $300,000. Despite schedule delays caused by Hurricane Irene, NOFI reached more than two times the industry’s previous best oil recovery rate. 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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