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XR activists protest Prelude “death machine”

XR activists protest Prelude “death machine”

The $12 billion vessel started up production in July last year, only to be shut in in February as it was plagued with technical problems and has been in lighthouse mode ever since, with frequent clashes between unions, Shell management and contractors like Sodexo about conditions on the vessel. Last week the company posted an impairment post-tax charge of A$924 million…

A GROUP of Extinction Rebellion protestors descended on Shell’s Perth headquarters over the weekend, defacing the entrance and writing chalk on the pavement in protest of Shell’s Prelude FLNG vessel, describing it as a “death machine”.

Police were called to the scene by Shell security, however no arrests or move on notices were made and by Monday morning all evidence of the protest had been removed. 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.

Shell raises dividend as retail boost drives confidence

Shell raises dividend as retail boost drives confidence

Shell also plans to shed up to 9,000 jobs, or more than 10% of its workforce.

By : 29 October 2020

LONDON (Reuters) – Royal Dutch Shell on Thursday raised its dividend after easily beating quarterly profit forecasts and outlined plans to shrink its oil and gas operations as it presses forward with a transition to low-carbon energy.

The Anglo-Dutch company hit record earnings from its vast retail division, despite the impact on demand of the COVID-19 pandemic, which it said continued to generate “significant uncertainty”. 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.

SHELL TAKES GIANT WRITEDOWN ON PRELUDE

Shell takes giant writedown on Prelude: Massive pre-tax writedown on troubled $US12bn Prelude floating LNG plant raises concern over the long-term prospects. 

SOURCE ARTICLE (PAYWALL)

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.

Prelude will not resume full production this year, says Shell

Prelude will not resume full production this year, says Shell

Article by Adam Duckett: 21st October 2020

SHELL has said its huge floating LNG production plant – the Prelude FLNG facility – is not expected to resume full production this year, following a troubled start for the pioneering facility.

Production aboard Prelude – which at 488 m long is the largest ship ever built – was halted in February after an electrical trip and it has not resumed. This fault followed, though was not linked to, an order from Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) for Shell to revise its safety management system. 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.

Is Shell’s $17 Billion Bet On Floating LNG A Flop?

Is Shell’s $17 Billion Bet On Floating LNG A Flop?

What new ship construction project has cost more than a US Navy Supercarrier and is equally troubled with delays and problems? Shell’s Prelude FLNG.

SOURCE

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’s Australian Prelude LNG will not resume shipping LNG this year

Shell’s Australian Prelude LNG will not resume shipping LNG this year

MELBOURNE (Reuters) – Royal Dutch Shell RDSa.L said on Thursday its Prelude floating liquefied natural gas (FLNG) project off Australia, off line since early February, is working on restarting operations but would not resume full production this year.

The troubled Prelude FLNG platform was shut down following an electrical trip and Shell has faced a number of issues over the past few months in trying to restart full production and now does not expect to ship any LNG before next year. 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.

Prelude FLNG maintenance workers to go on strike

Prelude FLNG maintenance workers to go on strike

Paul Hunt: Senior Journalist: Oil & Gas, Policy. 07 October 2020

CONSTRUCTION and maintenance workers at Shell Australia’s Prelude floating LNG vessel will lay down their tools on Friday in a day of action aimed at pressuring contractor Monadelphous into a new enterprise bargaining agreement.

The Australian Workers Union and Maritime Union of Australia filed for protected action to legally strike across the massive LNG project a fortnight ago.

Protected action gives the workers legal immunity to conduct a strike without facing consequences imposed by the employer. Unions claim Monadelphous is paying Prelude maintenance workers below industry standard pay and conditions.

The unions are seeking a pay rise and better job security, citing a casualisation of the offshore workforce as a major issue. 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.

Shell booked $11 billion in writedowns on its gas business, mostly on its Australian Prelude floating LNG

Shell focused on turning around troubled Australian operations

MELBOURNE (Reuters) – Undaunted by hefty writedowns on its Australian gas assets, Royal Dutch Shell RDSa.L sees its liquefied natural gas business and “new energy” acquisitions Down Under as core to its long term plans, the Australian unit’s chairman said on Tuesday.

As Europe’s biggest oil company aims for net zero emissions from its operations by 2050 and plans a major restructuring, Shell still sees gas as a crucial part of the puzzle, with around a quarter of its gas assets in Australia. 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.

Shell Resumes Work at Prelude Floating LNG Facility

Shell Resumes Work at Prelude Floating LNG Facility

Zacks Equity Research: September 8, 2020

Royal Dutch Shell plc RDS.A recently confirmed that it resumed activities at Prelude floating liquefied natural gas (LNG) facility offshore Western Australia. The facility remained offline since February due to engineering glitches. This suspension followed an order from Australia’s upstream regulator to perform additional work following three safety incidents that took place at the facility between September and January.

The closure of the Prelude plant depressed Australia’s LNG export volumes, which further took a hit from an extended shutdown of Train 2 at the Chevron Corporation CVX-regulated Gorgon LNG site due to technical snags stemming from fractured heat exchangers. 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.

Australia’s $200 Billion LNG Boom Waylaid by Covid and Cracks

Australia’s $200 Billion LNG Boom Waylaid by Covid and Cracks

James Thornhill Sep 05 2020, 3:30 AM Sep 07 2020, 9:24 AM

EXTRACTS

(Bloomberg) — Cooks on strike and cracked equipment are among the latest maladies to undermine Australia’s $200 billion push to become the world’s biggest liquefied natural gas exporter.

More than a year after the completion of a decade-long LNG construction boom, two of the seven marquee projects haven’t been able to work right, the nation’s east coast urban centers face an impending gas shortage blamed partly on exports, and the government is receiving relatively meager tax revenues from fuel sales. 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.

Shell Australia attempts to bring Prelude FLNG back online

Shell Australia attempts to bring Prelude FLNG back online

SUPERMAJOR Shell has begun the process of re-starting production from its fields connected to the Prelude Floating LNG vessel offshore Western Australia, however is facing difficulties eight months after the facility was shut down over engineering problems.

Paul Hunt: Senior Journalist: Oil & Gas, Policy. 07 Sept 2020

Shell Australia confirmed to Energy News that it had begun the process to produce gas from its Browse Basin fields 475 kilometres offshore Broome on Friday afternoon. 

“The process for hydrocarbon restart of Shell’s FLNG facility has commenced,” a Shell Australia spokesperson told Energy News on Friday.

“Once we have safely started up, we will be in a stronger position to talk about timing of production and cargo.”

However, according to one source on board the vessel the restart had some issues with “multiple trips” of the plant and two swivels inside the turret that moors the giant LNG facility in place. 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.

World’s largest floating LNG factory remains in shutdown — at just three years old

World’s largest floating LNG factory remains in shutdown — at just three years old

More than five times larger than the world’s biggest aircraft carrier, Prelude is the largest floating object ever built. (Supplied: Shell)

ABC KimberleyBy Ben Collins

Shell’s massive floating LNG factory off the Kimberley coast has been in shutdown since February and industry analysts are divided on whether the $12-17 billion facility has a future.

Prelude FLNG is the largest floating object ever built and billed as the solution to getting gas out of Australia’s most remote undersea gas fields. 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.

Shell posts $18billion loss in second quarter

:

Shell has posted losses of $18.1billion (£14bn) for the second quarter of 2020 as oil, LNG and gas prices remain depressed.

The energy major took an impairment charge of $16.8billion (£12.9bn) – $22.3bn pre-tax (£17.2bn) -as it wrote down the valuation of assets due to the downturn and Covid-19.

Shell’s second quarter results compare to a profit of $3.1bn (£2.39bn) in the same period last year,  while revenues have dropped to $32.5bn, compared to $60bn in Q1 2020 and $90.5bn Q2 2019. 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.

Union Strike on Prelude FLNG

Sodexo to chopper ‘scabs’ in preparation for union strike

28 July 2020

Lego model of the Prelude FLNG at Shell House on Wellington Street, Perth.

CONTRACTOR Sodexo has made a last-ditch effort to prevent the impact of a union strike across Shell Australia’s Prelude floating LNG vessel offshore Western Australia, by helicoptering in alternative staff ahead of the protected action set to commence on Thursday.

The Australian Workers Union and Maritime Union of Australia, in a coalition known as the Offshore Alliance, have organised a strike, more commonly known as a ‘protected action’ when undertaken as part of enterprise bargaining, from this Thursday, of more than 60 caters, cooks, and cleaners across the Prelude FLNG. 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.

Shell slashes valuation of oil and gas assets amid coronavirus crisis

Shell slashes valuation of oil and gas assets amid coronavirus crisis

By Mark Williamson: 1st JULY 2020

The company said yesterday it expected to cut the valuation of its integrated gas business by $8 – $9 billion, “primarily in Australia”. It said this would include a partial impairment of the giant Prelude floating liquefied natural gas facility.

ROYAL Dutch Shell has said it plans to slash the valuation of its oil and gas assets by up to $22 billion (£17.9bn) to reflect the expected impact of the Covid-19 coronavirus pandemic on demand and the wider economy. 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.

Successive Shell CEO’s cannot say that they were not warned time and again about the Prelude experiment

By John Donovan

Successive Royal Dutch Shell CEO’s cannot say that they were not warned time and again in chilling terms about the Prelude “experiment”, the description used in a Forbes article published today.

The links below are to a series of articles, initially triggered by a well-placed whistleblower directly involved in the Prelude project. Includes articles by Mr Bill Campbell, the retired distinguished Shell Global Safety Consultant and another retired Shell guru with a track record of spotting potential pitfalls in major Shell projects. 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.
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