Posts on ‘August 18th, 2006’

NEW ORLEANS — Bidders largely ignored court challenges to additional petroleum drilling off the coasts of Texas and Louisiana and made $340.9 million in high bids for 381 offshore tracts. The bid total was the highest in eight years for the federal government’s annual sale of exploration leases in the western Gulf of Mexico. In [...]

By Terry Hillig Friday, Aug. 18 2006 HARTFORD Oil companies working with the U.S. Environmental Protection Agency will expand a system that collects vapors from an underground pool of gasoline. The system recovers the vapors and pipes them to the former Premcor refinery for burning. The expansion will include piping along additional streets and more [...]

KBR Joint Venture Signs Contract with Shell for Largest Gas to Liquids (GTL) Project in History; KBR/JGC Team to Provide EPC And Project Management Services for Pearl GTL Complex in Ras Laffan, Qatar HOUSTON–(BUSINESS WIRE)–Aug. 18, 2006–KBR announced today that it has signed a contract to provide project management and cost-reimbursable engineering, procurement and construction [...]

17 August 2006 OIL giant BP faced fresh controversy yesterday after shareholders filed a lawsuit against senior executives following the partial shutdown of its Prudhoe Bay oil field in Alaska. BP was forced to slash production at Prudhoe Bay – the largest oil field in the US – after the discovery of corrosion in pipelines [...]

Dear Sir I work for Shell and as you have mentioned yourself several times on your site, there is a strong reason to remain anonymous and I assume you will respect this. Recently my attention was called to your site and I read about the tragic Brent fatalities. Your personal remarks in several postings are [...]

Introduction to RIGZONE article by John Donovan The RIGZONE article below mentions a Surface BOP system.  We understand that this specialist system is currently the subject of legal proceedings against Shell in Houston for fraud and theft of intellectual property. A related criminal injunction has allegedly been obtained against Shell in Egypt. If any of [...]

By John Donovan We have been supplied with a copy of a leaked M B Close Visual Inspection Report dated 24 February 2006 carried out for Shell on the Brent Bravo platform. M B Inspection is a major provider of Integrity Engineering, Inspection and other specialist services to the Oil & Gas and Petrochemical Industries.  [...]

EXTRACTS: Industry insiders say the final rules may emerge just days before the December 11 deadline. But they are not banking on much more leniency that would pave the way for global majors such as BP Plc and Royal Dutch Shell to expand their fuel supply networks in the world’s most-populous nation.  Majors such as BP [...]

By JEANINE PREZIOSO and BERND RADOWITZ August 18, 2006; Page A6 HOUSTON — Mexico received its first shipment of liquefied natural gas, marking the commissioning phase of the nation’s first LNG regasification plant. The cargo was delivered from Royal Dutch Shell PLC’s Bonny liquefaction plant in Nigeria to the Altamira terminal on Mexico’s northeastern coast, [...]

THE WALL STREET JOURNAL ONLINE August 17, 2006 5:18 p.m. Crude-oil futures fell for the fourth straight day, losing nearly $2 a barrel to settle at $70.06 on the New York Mercantile Exchange, their lowest close since June 20. Oil has fallen more than $4 a barrel, or nearly 6%, this week after a cease-fire [...]

• Royal Dutch Shell and ConocoPhillips hired tankers to carry crude oil from Asia to the US West Coast to cover a shortfall caused by the partial closure of the US’s largest field in Alaska at Prudhoe Bay. • Excelerate Energy, a closely held company formed in 2004 to develop import terminals for liquefied natural [...]

EXTRACT: Although Shell has sold out of a variety of its activities in Latin America and the Caribbean recently, Avaria affirmed the company’s intent to continue operations in Chile, Argentina, Brazil and Central America. – (BNamericas.com) THE ARTICLE (BNamericas.com) – Anglo-Dutch oil major Shell (NYSE: RDS-B) has started implementing its New Shell Fuel Economy Formula [...]

Published: Aug 18, 2006 SYDNEY (XFN-ASIA) – Woodside Petroleum said it has applied to US government agencies to build and operate a proposed OceanWay liquefied natural gas project designed to bring Australian natural gas to California. The company, 34 pct owned by the Royal Dutch Shell group, said applications were submitted to the US Coast [...]

EXTRACT: Shell was fined £900,000 last year after two workers died on its Brent Bravo platform in the North Sea. THE ARTICLE By Andrew Taylor,Employment Correspondent Published: August 18 2006 03:00 | Last updated: August 18 2006 03:00 Employers should face heavier fines for health and safety offences, ministers have been told. Bill Callaghan, chairman [...]

EXTRACT: A total of 17 foreign oil employees have been taken by Nigerian rebels so far this month, with nine being released. The attacks have led Shell to reduce production from the nation by 0.5m barrels per day. THE ARTICLE By Michael Hunter Published: August 18 2006 03:00 | Last updated: August 18 2006 03:00 [...]