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Posts on ‘December 7th, 2011’

Cutting Edge Drilling Rig Arrives in the Gulf of Mexico

The Noble Bully I, a state-of-the-art offshore drilling rig, is the first of two Bully rigs, jointly designed by Shell and Noble, and can be equipped to drill in up to 10,000 feet of water. (PRNewsFoto/Shell, Noble Corporation)

HOUSTON, Dec. 7, 2011 /PRNewswire/ — Shell and Noble Corporation announce the Gulf of Mexico arrival of the Noble Bully I, a state-of-the-art offshore drilling rig that is designed to raise the bar in terms of safety and performance.  The Noble Bully I is the first of two Bully rigs, jointly designed by Shell and Noble, and can be equipped to drill in up to 10,000-feet of water. read more

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Group launches ad campaign questioning whether US is ready to drill in Arctic waters

By Dan Joling, The Associated Press: 7 December 2011

ANCHORAGE, Alaska – As the U.S. government takes testimony on proposed offshore petroleum lease sales in the Arctic, a national non-profit organization is buying television ads that question whether current drilling plans should go forward.

Pew Environment Group over the weekend paid for national television commercials that imply that the Arctic is not ready for drilling to move forward. They begin with the question: “Are we really ready to drill for oil in the Arctic?” 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, Eni buy huge Nigeria offshore oil block-Shell

ABUJA | Wed Dec 7, 2011 3:57pm GMT

Dec 7 (Reuters) – Royal Dutch Shell and Eni have bought the prospective Nigerian deep offshore oil block OPL 245, Shell said on Wednesday, ending a decade of legal disputes over the huge asset.

A spokesman for the Anglo-Dutch major said it would own 50 percent of the block with Eni owning the other half and operating output. He would not confirm how much was paid or the quantity of reserves but industry experts have said OPL 245 was worth over $1 billion and holds around 9 billion barrels of oil. 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 Sees Window to Expand Sakhalin LNG in Asia Market

By Stephen Bierman – Dec 7, 2011 12:15 PM GMT

Royal Dutch Shell Plc. (RDSA) said its Sakhalin venture with OAO Gazprom, Russia’s natural gas export monopoly needs to expand fast to sell liquefied natural gas to Asia at maximum profit.

There’s a window of opportunity in the Asia Pacific from 2015 to 2020, Harry Brekelmans, the head of the energy company’s Russian unit, told reporters today in Moscow. The market will tighten after that with additional LNG volumes coming from Australia, Shell spokesman Maxim Shoob said today. 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.

BP, Shell Plan to Resume Exploration, Boost Production in Libya

December 07, 2011, 8:58 AM EST

By Robert Tuttle and Anthony DiPaola

Dec. 7 (Bloomberg) — BP Plc and Royal Dutch Shell Plc, Europe’s biggest oil companies, aim to resume exploration in Libya, whose new government seeks to stabilize relations with foreign companies following the ouster of Muammar Qaddafi.

Both companies are evaluating whether to resume drilling at wells begun in the North African state before the outbreak of hostilities at the start of this year, BP Chief Executive Officer Robert Dudley and Shell head Peter Voser said yesterday in Doha, Qatar’s capital. 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 NASCAR Alliance Suffers Setback

Searching for replacement after Penske Racing fires Busch

By Carole Donoghue CSP Daily News | December 7, 2011

HOUSTON Shell has just seen part of a multi-million dollar major marketing campaign run out of gas.

The company devoted a major portion of its advertising energy to promoting NASCAR race driver Kurt Busch, who was fired by the Penske Racing Team on December 5 after he was caught on camera making an obscene gesture.

Shell signed an endorsement deal with Penske Racing in April 2010. It has promoted the NASCAR alliance through advertising campaigns, station promotions and price discounts at the pump. Marketers were offered cardboard cutouts of Busch and his No. 22 car and special No. 22 gift cards, while consumers received 22 cents per gallon off of Shell fuel for one day a week every time Busch won a race. 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.

Qatar Has World in Its Sights for Power Projects

Qatar also signed an initial agreement with local Chinese authorities, the Chinese state-run oil company C.N.P.C. and Royal Dutch Shell to be part of a petrochemical and refining complex in China, the world’s second-biggest oil consuming nation.

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 Says Exports, Truck Fuel Among Options for U.S. Shale Gas

By Eduard Gismatullin – Dec 7, 2011 12:01 AM GMT

Royal Dutch Shell Plc (RDSA), Europe’s largest energy producer, is weighing options for rising North American natural-gas output including exports and making liquid fuels, Chief Executive Officer Peter Voser said.

Shell will double North American gas production in the next three years to the equivalent of 400,000 barrels of oil a day as output from shale deposits rises, Voser said in an interview. Shell may channel gas into chemical production, an export project in Canada, and a program to use the fuel to power trucks, he said. 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’s $20bn investment is a show of confidence

Wednesday 7/12/2011 December

Royal Dutch Shell has spent $20bn in Qatar in the last five years, which is a real reflection of the country’s business climate, said executive officer Peter Voser.

“We feel confident to make such large commitments here in Qatar because of this nation’s business climate,” he said in his remarks at a session at the 20th World Petroleum Congress here yesterday.

Qatar, he said, achieved “several milestones” in the energy industry in a “record time”. “Just last year, Qatar celebrated 77mn tonnes LNG (liquefied natural gas) production capacity and fulfilled its vision of becoming the LNG gas capital of the world. 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.