Royal Dutch Shell Group .com Rotating Header Image

Posts on ‘June 25th, 2015’

Curious coincidence involving Shell, Iran, Noble Corp and $2.16 billion

Screen Shot 2015-06-25 at 13.27.38

Screen Shot 2015-06-25 at 13.29.48

Screen Shot 2015-06-26 at 16.43.14

FROM A REGULAR CONTRIBUTOR

The former owners of the Frontier drilling company sold their rigs to Noble for $2.16 billion in 2010. Given that their fleet of five vessels consisted of ancient rust buckets which were fit only for the scrapyard, this has always seemed like an inordinately large sum. The five vessels had been acquired by Frontier for about $100 million. The only client of Frontier was Shell. See http://www.reuters.com/article/2010/06/28/us-noblecorp-idUSTRE65R2C520100628 . (See below)

Noble operated two rigs for Shell in Alaska (Discoverer and Kulluk) during the disastrous 2012 drilling campaign. In spite of their performance in 2012, Noble will once again be operating the Discoverer (now over 50 years old) during the upcoming drilling campaign. Discoverer is one of the rust buckets that Noble acquired from Frontier.   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 Executives Visit Tehran for Projects If Sanctions End

Screen Shot 2015-06-25 at 09.15.20

by Javier Blas 24 June 2015

Royal Dutch Shell Plc executives have visited Tehran to discuss possible partnerships, the latest sign that the largest oil companies are serious about returning to Iran once a deal on the country’s nuclear program is done.

The meeting with Iranian officials covered its outstanding debt to National Iranian Oil Co. and possible areas of business cooperation, the company said in an e-mailed statement Wednesday. Shell owed $2.16 billion as of the end of 2014 for oil it wasn’t able to pay Iran for because of sanctions, according to its annual 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 flotilla begins assembling in Dutch Harbor

Screen Shot 2015-06-25 at 08.58.05

Screen Shot 2015-06-25 at 09.07.13

BY TIM BRADNER, ALASKA JOURNAL OF COMMERCE: 24 June 2015

Screen Shot 2015-06-25 at 09.00.56

“Once again, Shell is up to their old tricks, deliberately ignoring federal regulations. We urge President Obama to cancel Shell’s lease and prevent them from drilling in the Chukchi Sea,”

Dutch Harbor will be busy in the next couple of weeks as Shell’s Arctic drill fleet converges on the Aleutians port, prior to heading north for the Chukchi Sea.

Shell’s spill containment barge Arctic Challenger is already in Dutch Harbor, having arrived June 14, and the semi-submersible mobile drill rig Polar Pioneer is now en route from Seattle, Shell spokeswoman Meg Baldino said June 23.

A second drilling vessel, Noble Discoverer, is meanwhile still in port at Everett, Wash., making preparations to sail to Dutch Harbor. 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
%d bloggers like this: