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Contractor fatally injured at Shell Canada Alberta frack site

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Written by Niamh Burns – 26/10/2016 7:35 am

An energy contractor working at a Shell Canada site has been killed in an accident, according to reports.

The 47-year-old was fatally injured in the workplace incident near Fox Creek, Alberta, on Sunday.

He was an employee of Secure Energy Services and was working at the Shell Canada site 260km northeast of Edmonton.

It’s understood the man had been struck by a hose.

An Occupational Health and Safety spokeswoman said: “The work site was situated by the side of a river and the workers were pumping water to a different location for wellsite activities.

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Offshore drilling ‘incident’ a harrowing warning

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By PETER PUXLEY: Tues., Oct. 25, 2016

Shell Oil’s Stena IceMAX drill ship, drilling for oil on March 5th, two kilometres below the surface of the Atlantic on the edge of the Scotian Shelf, was the site of what regulators euphemistically call an “incident.”

Battling unexpectedly high waves, the drill ship crew successfully secured the well and disconnected the ship from the wellhead to protect the operation. Shortly after, the riser, a 2,100 metre-long protective series of 21-inch diameter pipes, each weighing 20 tonnes, broke free of the drill ship before it moved clear of the site. The riser pipes fell to the ocean floor missing the wellhead by a mere 12 metres.

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Royal Dutch Shell – Additional Divestments In Order To Sustain The Dividend

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Oct. 21, 2016 10:17 AM ET

Summary

  • Shell is announcing further divestments, this time selling part of its shale operations in Canada.
  • These moves do little to address the giant debt load, although they allow for cash flow neutrality this year.
  • Asset sales, resulting in smaller operations, combined with shareholder dilution hurt the long term potential as management stubbornly tries to preserve the dividend.

Royal Dutch Shell (RDS.A) announced another round of divestments in order to keep leverage under control, even as oil prices have rebounded a bit in recent times. These modest divestments are countercyclical and hurt production quite a bit in relation to the proceeds. At best cash outflows come to a standstill this year following these moves, although they result in a smaller business going forward, while investors see dilution of the shareholder base in order to sustain the unsustainable dividend.

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Shell divests non-core shale acreage in Western Canada for total consideration of US$1 billion

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Oct 20, 2016, 17:26 ET

CALGARY, Oct. 20, 2016 /PRNewswire/ – Royal Dutch Shell plc, through its affiliate Shell Canada Energy (“Shell”) today announced it has agreed to sell approximately 206,000 net acres of non-core oil and gas properties in Western Canada to Tourmaline Oil Corp. for a total consideration of approximately $1,037 million (C$1,369 million). The consideration is comprised of $758 million in cash and Tourmaline shares valued at $279 million. Subject to regulatory approvals the transaction is expected to close in the fourth quarter of 2016.

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OPEC decision on daily oil output freeze to have no impact on Shell’s strategy Zoom

OPEC decision on daily oil output freeze to have no impact on Shell’s strategy

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September 29, 2016

Baku-APA. The Organization of the Petroleum Exporting Countries’ (OPEC) agreement to freeze daily oil output will not affect Royal Dutch Shell ‘s current strategy, a spokesman for one of the world’s largest oil companies told Sputnik on Thursday, APA reports quoting Sputnik.

On Wednesday, OPEC oil producing countries agreed a preliminary deal on the sidelines of an international energy forum in Algiers, Algeria. The output ceiling was set at 32.5-33 million barrels a day for the whole cartel. 

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Shell Canada accident report: pipe fell to within 12 metres of oil well off N.S.

cropped-Screen-Shot-2016-09-09-at-20.58.10.jpgCTV News: Shell Canada accident report: pipe fell to within 12 metres of oil well off N.S.

Michael Tutton, The Canadian Press

Published Wednesday, September 28, 2016 6:36PM EDT

HALIFAX — When heaving waters in the North Atlantic wrenched a string of massive steel pipes from a drilling ship off Nova Scotia’s coast, one of the 20-tonne sections of the plummeting coil struck the seabed just 12 metres from the top of an undersea oil exploration well.

The distance is one of several details in a Shell Canada accident report received through access to information legislation, prompting critics to say the entire incident was too close for comfort in an area near one of Atlantic Canada’s richest fishing grounds of the Scotian shelf.

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Alberta NDP not celebrating carbon capture milestone

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cropped-Screen-Shot-2016-09-09-at-20.58.10.jpgFrom left, Alberta Minister of Energy Marg McCuaig-Boyd, Shell Canada President Lorraine Mitchelmore, CEO of Royal Dutch Shell Ben van Beurden, Marathon Oil Executive Brian Maynard, Shell ER Manager, Stephen Velthuizen, and British High Commissioner to Canada Howard Drake open the valve to the Quest carbon capture and storage facility in Fort Saskatchewan Alta, on Friday November 6, 2015. Quest is designed to capture and safely store more than one million tonnes of CO2 each year an equivalent to the emissions from about 250,000 cars. JASON FRANSON / THE CANADIAN PRESS

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Shell drops first deepwater well off Nova Scotia due to lack of oil

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screen-shot-2016-09-09-at-20-58-10By: Staff The Canadian Press Published on Wed Sep 21 2016

HALIFAX — Shell has plugged the first of its deepwater exploration wells off Nova Scotia, saying it didn’t find enough oil to make it worth proceeding.

The well is located about 250 kilometres offshore of Halifax on the Scotian shelf.

The company says in a news release that the work on the Cheshire well was completed last week.

It says it has started working on a second exploration well, Monterey Jack, at a location about 120 kilometres southwest of the Cheshire location.

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Shell Canada investigates after electrical explosion occurs at Edmonton-area refinery

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screen-shot-2016-09-09-at-20-58-10By Phil Heidenreich: 19 Sept 2016

Shell Canada said three of its employees are back at work and doing well after experiencing an “unexpected electrical arc flash” at the company’s Scotford oil refinery and chemical plant Sunday.

In a statement to Global News, Shell Canada said the workers were taken to the company’s health centre as a precaution and “cleared for full duty later that evening.” The company said it’s now investigating what caused the incident.

The U.S. Department of Labor defines an arc flash as a “phenomenon where a flashover of electric current leaves its intended path and travels through the air from one conductor to another or, or to ground.” It said the when arc flashes occur with people nearby, “the results are often violent” and can lead to serious injury or death.

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First carbon capture project in oilsands passes one million tonne milestone

screen-shot-2016-09-14-at-18-38-44The company, which developed the $1.35-billion Quest project with the help of $745 million from the Alberta government and $120 million from Ottawa, says the project is operating ahead of schedule and under budget.

“There isn’t a metric that hasn’t finished very strongly in green,” said Zoe Yujnovich, executive vice-president for heavy oil at Shell.

“I don’t think we can say that about many projects.”

The Quest project is designed to capture about a third of the emissions from Shell’s Scotford Upgrader near Fort Saskatchewan, Alta., turn that into a near-liquid, and then pump it over two kilometres underground into porous rock formations.

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Shell begins production at world’s deepest underwater oilfield

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Simon BowersSunday 11 September 2016 17.15 BST

Royal Dutch Shell has started production at the world’s deepest underwater oil and gas field, 1.8 miles beneath the sea surface in the Gulf of Mexico.

The latest costly addition to Shell’s production capacity comes despite Van Beurden’s repeated pledges on climate change. In May, he said: “We know our long-term success … depends on our ability to anticipate the types of energy that people will need in the future in a way that is both commercially competitive and environmentally sound.”

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Shell’s North Sea exit could generate $1bn, says UBS

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Jillian Ambrose7 SEPTEMBER 2016 • 1:27PM

Shell could be in line to make $1bn (£750m) in the next two years by selling off North Sea assets as part of a $30bn divestment drive, according to UBS.

The bank predicts that Shell’s North Sea retreat will begin with a “tidying up” of the oil major’s high-cost, legacy assets but that a sale of its attractive core projects could not be ruled out.

UBS oil analyst Jon Rigby said that sales of the oil giant’s older North Sea assets would only generate “a few hundred million dollars” unless the company opts for a more “radical” approach including ditching stakes in the core projects that make up its $7bn North Sea portfolio.

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