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NAM disputes Groningen gas extraction earthquake damage claims

NAM disputes Groningen gas extraction earthquake damage claims

THURSDAY, APRIL 1, 2021 – 10:00

NAM, the Dutch gas concern responsible for gas extraction in Groningen, raised doubts about the level of damage claims and the home strengthening operation in the fracking earthquake zone in the province. In a statement, NAM said that a major part of the damages was wrongly attributed to earthquakes, and that the standards of the reinforcement project are far too strict, NOS reports.

According to NAM, the risks in the earthquake zone are grossly overestimated, and as a result, many homes will be reinforced with measures that far outweigh the risks, “for some buildings even by a factor of a thousand to ten thousand”. “This leads to unnecessary feelings of insecurity among residents and additional costs.” 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.

Groningen Exxon/Shell gas field earthquakes rumble on

Screen Shot 2013-12-24 at 15.21.39The economic benefits of the gas produced by Groningen have been immense, but now some of the costs are becoming apparent. Rebuilding thousands of homes, and increasing the height of the dikes which protect Holland from flooding will be enormously costly – perhaps comparable to the Macondo disaster in the Gulf of Mexico that drove BP to the financial brink.

By John Donovan

On Monday 16 December a Dutch public service TV channel, NCRV, aired a documentary about natural gas drilling in Northwest Groningen by NAM, a joint venture company owned by Royal Dutch Shell and ExxonMobil.

The drilling is causing increasingly violent earthquakes.

A former engineer predicted in October 2013 that major earthquakes will soon occur.

“It’s only a matter of time before people will be injured or even die because of the earthquakes that afflict North Groningen says Adriaan Houtenbos in the NRC Handelsblad today.” (Translation)
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.

Exxon Set to Tap ‘Enormous’ Slochteren Field for 50 More Years

Exxon operates the field with Royal Dutch Shell Plc, Europe’s biggest oil company, through Nederlandse Aardolie Maatschappij.

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.

Royal Dutch Shell CO2 storage scheme

The residents of two small Dutch towns are to play host to an unconventional neighbour: massive quantities of carbon dioxide (CO2). Royal Dutch Shell and NAM, the Dutch national gas company, intend to conduct a pilot scheme to investigate CO2 storage. Where will they put it? Under the towns.

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.

Statement by Royal Dutch Shell Plc: NAM and GDF SUEZ sign sale and purchase agreements

 

Wednesday, October 1, 2008

NAM and GDF SUEZ sign sale and purchase agreements

Nederlandse Aardolie Maatschappij BV (NAM) and GDF SUEZ have today signed Sales and Purchase Agreements for NAM assets situated along the NOGAT pipeline, covering exploration, production and transportation of oil and gas in the Dutch section of the North Sea. 

This follows the earlier announcement on September 5th, 2008 of the commencement of exclusive negotiations between NAM and GDF.

The transaction, for a total consideration of 1,075 million euros, is subject to regulatory approvals and third party consents. 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.

GDF Suez to Buy Dutch Gas Assets

NAM is the largest exploration and production company in the Netherlands and is owned by Royal Dutch Shell PLC and Exxon Mobil Corp.

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/Exxon NAM may reopen Dutch oilfields

NAM is considering reopening some oilfields in the west of the country, Dutch newspaper De Telegraaf reported, as oil prices rocket to highs near to $128 a barrel.

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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