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Posts on ‘April 11th, 2013’

Shell, Mitsubishi Will Start Iraq Plant on April 15

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By Khalid Al-Ansary and Nayla Razzouk on April 11, 2013

Royal Dutch Shell Plc (RDSA) and Mitsubishi Corp. (8058) will start capturing gas from Iraq’s oil fields next week in a $17 billion project known as Basra Gas Co.

“Basra Gas Co. will start operations officially on April 15,” said Ali Hussain Khudayir, director general of South Gas Co., which represents the Iraqi government’s controlling stake in the Basra Gas Co. venture.

The plant will produce 400 million cubic feet (11 million cubic meters) a day from next week, climbing to 2 billion cubic feet a day by 2017, Khudayir said on March 27. The facility will capture so-called associated gas from the Zubair, Majnoon and West Qurna-1 oil fields in southern Iraq. read more

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Shell returns to polluted Nigeria oil region

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LAGOS — Shell on Thursday said it had launched a review of its oil and gas assets in Nigeria’s massively polluted Ogoniland region, resuming work in the area two decades after unrest forced the company to pull out.

The Anglo-Dutch oil major said the move was not part of an attempt to restart oil production in Ogoniland, describing it instead as a bid to comply with a 2011 UN report that called for one of the world’s biggest ever environmental clean-ups.

“The intention is to determine the state of our facilities since we suspended operations in the area in 1993, and determine how best to decommission them,” the head of Shell Petroleum Development Company of Nigeria (SPDC), Mutiu Sunmonu, said in a statement. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell Warns of Environmental Cost of Oil Theft in Niger Delta

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Published April 11, 2013 by Dow Jones Newswires

Rising incidences of oil theft in Nigeria’s oil producing Niger Delta come at a significant environmental cost, Royal Dutch Shell PLC (RDSB) said Thursday.

In its sustainability report, the Anglo-Dutch oil major said its Nigerian unit, Shell Petroleum Development Company, or SPDC, experienced 137 spills as a result of sabotage and theft last year, with the volume of oil lost amounting to 3.3 thousand tons.

“This was an increase in both volume and numbers from 2011, as the scale of oil theft in Nigeria reached unprecedented levels,” it said in the report. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Shell Says Energy Efficiency in Oil, Gas Production a Challenge

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By Sarah Kent: Published April 11, 2013 by Dow Jones Newswires

Royal Dutch Shell PLC (RDSB) said Thursday that maintaining energy efficiency in its oil and gas production will prove a challenge in coming years.

“We expect that maintaining the energy efficiency levels of recent years will be more difficult in the future as existing fields age and production comes from more energy-intensive sources,” Shell said in its 2012 sustainability report.

The Anglo-Dutch oil major said its energy efficiency record for oil and gas production, excluding oil sands and gas to liquids, worsened last year compared to the year before. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Gazprom and Shell Agree Partnership in Arctic

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Published April 09, 2013 by Dow Jones Newswires

Russia’s natural gas monopoly OAO Gazprom (GAZP.RS) and the Netherlands’ Royal Dutch Shell PLC (RDSB.LN) have agreed to jointly explore and produce offshore hydrocarbon resources in the Russian Arctic, Gazprom said in a statement released late Monday.

The agreements cover the exploration and development of hydrocarbons in the Arctic shelf and confirm the companies’ partnership for the exploration and production of shale oil in the Khanty-Mansiysk region of Western Siberia. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Has Shell also shelved its Alaskan Drilling plans for 2014?

Screen Shot 2013-01-11 at 20.09.51SPECULATION BY AN OFFSHORE DRILLING EXPERT 

RE: ConocoPhillips delays 2014 Arctic marine drilling
 
The rules for working in Alaska require two rigs in the area for drilling to take place, so that in the event of an emergency and the loss of one rig, another rig is available to drill a relief well.
 
Shell met this requirement by having the Kulluk and Discoverer in Alaska.
 
ConocoPhillips’ announcement that they will not be in the Arctic in 2014 throws up a few issues.
 
Shell cannot now plan to drill with a single vessel in Alaska in 2014, and would require a two vessel programme as in 2012.
 
(1)    Does the announcement by ConocoPhillips mean that ConocoPhillips have been told that there will not be a second rig in the area? (ie has Shell also shelved its plans for 2014?)
 
(2)    Would Shell dare to return with the same two vessels? Are Shell planning to build new vessel(s) – perhaps for use in 2015 or 2016? read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com
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