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Posts on ‘October 11th, 2017’

Shell served improvement notice over gas leak blunder

Offshore workers were exposed to the risk of fire and explosion after blunder led to a gas leak on a southern North Sea installation.

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The uncontrolled release took place on the Barque PB, a normally unmanned platform, on July 19.

Around 138kg of flammable hydrocarbon gas was released from pipework connected to the vessel V2000, according to the Health and Safety Executive.

A subsequent probe found that flammable gas had been used to leak test the pipework instead of inert nitrogen gas – which was available.

Failings were found in the arrangements for the effective planning, organising and control for the reinstatement of the pipework. read more

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Shell divests its interest in Comgas for a headline of US$380 million

HOUSTON, Oct. 10, 2017 /PRNewswire/ — Shell Gas BV, Shell Brazil Holding BV and Integral Investments BV (“Shell”) today announce they have signed an agreement with Cosan Ltd. to execute an existing Put Option Agreement, which allows Shell to sell all of its 16.8% interest in Companhia de Gas de São Paulo (“Comgás”) to Cosan Ltd. Under the agreement, Shell will exchange its ~21.8 million common shares in Comgás for Cosan S.A. Indústria e Comércio (“Cosan SA”) shares plus cash. 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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