The £456m sale includes Shell’s interest in the Maui, Pohokura, and Tank Farm assets, and operatorship of the Great South Basin venture, which was subject to a separate agreement.
Shell said the deal was part of the firm’s effort to simplify its portfolio.
The company also confirmed that employees of Shell Taranaki and Shell NZ 2011 are now part of OMV New Zealand.
Zoe Yujnovich, Shell’s vice president in Australia and New Zealand, said: “We are proud of having worked in New Zealand for more than 100 years and completion of the sale to OMV marks an important milestone in the company’s history.read more
MOSCOW, October 9 (RIA Novosti) – Oil and gas giant Shell and its New Zealand partner firm Todd Energy were accused of unlawful offshore drilling in New Zealand, but managed to evade court prosecution and only received a warning letter, New Zealand News UK reports.
According to the Environmental Protection Authority (EPA), Shell Todd Oil Services (STOS) violated the law while carrying out drilling in the Maui oil and gas field without prior approval. Maui is the largest and the most important of New Zealand’s gas and oil fields. To legally carry out drilling activities in the area, companies need to apply for a special resolution or marine permission from the EPA, according to new regulations.read more
Jan 7 (Reuters) – Royal Dutch Shell, Austria’s OMV and Japan’s Mitsui will drill an exploration well off New Zealand’s southeast coast, becoming the latest group to search for natural gas in the country’s largely untapped deepwater basins.
WELLINGTONTue Jan 7, 2014 1:13am EST
Jan 7 (Reuters) – Royal Dutch Shell, Austria’s OMV and Japan’s Mitsui will drill an exploration well off New Zealand’s southeast coast, becoming the latest group to search for natural gas in the country’s largely untapped deepwater basins.
The Shell-led project would follow a programme by Anadarko Petroleum of the United States to drill two deepwater wildcat wells in New Zealand this year in a joint venture with Australia’s Origin Energy Ltd.read more
Shell is planning more seismic surveys of the seafloor off the coast of South Otago. Shell New Zealand holds two deepwater exploration permits for the Great South Basin covering about 25,000 square kilometres. At their closest, the areas come within about 50km of the coastline south of Dunedin. The company is due to decide whether to begin test drilling for natural gas in one area by early January 2014. Shell New Zealand said preview seismic mapping in two and three dimensions have indicated two potential natural gas accumulations it wants to explore further. The company said it would begin a new set of two-dimensional surveying in January, running for about 70 days.
SOURCE
Spokespersons for Shell New Zealand and Todd Energy have declined to comment on a non-payment dispute showing up in a report to the Companies Office.
3 August 2012
The joint owners of some of New Zealand’s largest oil and gas fields, Shell New Zealand and Todd Energy, are in dispute over non-payment for services provided for work on the Maui, Pohokura, and Kapuni fields.
Companies Office records show Shell Todd Oil Services (STOS) was carrying a contingent liability at December 31 for an unresolved dispute relating to work programmes and budgets for all three fields.
The notes say these have “not been approved and accordingly some JV parties have declined to pay cash calls relating to aspects of the SIEP (Shell International Exploration and Production) charges”.read more
According to documents filed Monday in U.S. District Court in Anchorage, Shell claims the order is necessary to protect its personnel and equipment drilling wells on the Outer Continental Shelf this summer, as well as to prevent Greenpeace from violating state and federal laws.read more
Auckland, Monday 17th October, 2011. This morning Greenpeace activists held a legal protest outside Port Taranaki against a ship that is due to depart imminently to start exploring for deep sea oil the new frontier of oil development off New Zealands shores.
There was a heavy police presence at the port overnight and this morning to protect the controversial ship, Polarcus Alima, which arrived in Taranaki this morning. It is due to leave shortly to start exploring for oil off Raglan at depths of up to 1600 metres, on behalf of US oil giant Anadarko (1).read more
Multinational Shell "colluded" with Austrian oil company OMV by restricting the gas and oil they allowed to be produced from the Pohokura gas field in competition with gas from the Maui field, in which Shell holds a major stake, the Todd family claimed on Monday.
WELLINGTON (Dow Jones)--Shell New Zealand Ltd., a unit of Royal Dutch Shell Group (RD), has appointed UBS AG to help it sell the bulk of its downstream assets in the country, a spokeswoman said Tuesday.
May 12 (Bloomberg) -- Royal Dutch Shell Plc., Europes biggest oil company, is seeking expressions of interest for most of its New Zealand downstream operations including fuel retailing and its stake in the nations only refinery.
Shell's Fuel Economy Formula, a fuel additive it claims gives better economy than untreated fuel, went on sale in 2006. Its advertising campaign said it was "designed to take you further". But after a 2 -year investigation, the commission has decided to charge Shell with breaches of the Fair Trading Act. It says the advertisements were misleading.
Multinational Shell has emerged victorious from New Zealand's longest-running insider trading case, but still faces legal bills in excess of $10 million and the prospect of appeal.
New Zealand's oil and condensate reserves jumped 53 percent last year, buoyed by the development of the nation's offshore Tui oil field and completion of Royal Dutch Shell Plc's Pohokura project.
USA USA USA: ABOUT TIME! With the continued number of offshore cases, deaths in the office, and impacts on production, it's a simple business decision. Expect a number of offshore folks will complain mightily, but not too different than the complaints for implementation of the life saving rules, flame retardant clothing, drug testing, etc...
COVID - Do the RIGHT THING!: I am sure that the Shell big bosses today had a lot to process with respect to the vaccine requirements. Offshore GOM, about half of the Shell staff based offshore have not "self declared" their vaccination status, while over 95% of the office based staff have. The operations teams have openly commented about the "risk" that people will leave if Shell or USCG required vaccinations for offshore work. On the other side of the coin, shutting in production for a few days on a TLP due to lack of healthy control room operators would suggest that we can afford to find people who will take the shot. There are so many skilled production operators that have lost employment in the last three years... just up the pay and fill the vacancies! Come on Shell do the right thing and make the vaccine a requirement - the safety of the staff has always been stated as the highest value. Any claim that this is a diversity and inclusiveness issue is a completely false narrative. Its like comparing it to respect people who choose to drive without a seatbelt, work at heights without fall protection, or don't wash their hands after using the toilet!
exmtv: the 11 refined products terminals.
5 in the northeast most likely to be acquired by Buckeye partners, and the remaining 6 by Motiva. Before the end of the year!
Moon Cracker: Well, if you are going to steal my name... I will change it to the other Penn Chem nickname. I remember some of the folks over their running through lots of potential names for "Penn Chem" - PCP, Beaver Cracker , Monaca Cracker, Moon Cracker, Moon Chemical, Franklin, etc. Really its just one of the biggest failures in BvB's many. (BG, Brazil, Prelude, LNG, etc.) next he will continue to sell the crown jewels for costume jewelry prices. At least the old dirty oil business is generating enough cash to keep the company standing with such terrible management decision making.
Beaver Cracker: The recent allegations highlight that the inspectors in charge of assuring safety and environmental protection on large pipeline projects are usually paid by the pipeline builders themselves. Critics say that creates a conflict of interest, but pipeline industry officials compare the practice to quality control in other areas of manufacturing.
“The system isn’t set up to ensure experienced and accountable inspections,” said Shannon Smith of the FracTracker Alliance, a Pennsylvania-based energy watchdog group that has monitored Shell’s project.
Economic Growth = Environmental Recession: You can be SURE of HELL, sorry missed an ‘s’ SHELL
Very poor upload speeds: Unfortunately I was persuaded to switch to Shell Energy Broadband after a conversation with a staffer of USwitch, supposedly because download speeds were a little faster than PlusNet.
But what a bad decision! Upload speeds are truly terrible, and the download speeds struggle to get up to what they publicise. Its an indictment of USwitch advice that they failed to point out how much upload speeds can vary between providers and that you can be trading DOWN to a worse service.
Oh and I didn't even mention that the router they provided has disabled 'itself' off wireless twice already, the system having to be 'reset' at great inconvenience.
Do the sane thing - don't be tempted as I was to choose this provider.
USA USA USA: ok... it looks like Malaysia is next on the chopping block. piece by piece...
Beaver Cracker: Rather than fixing the problem, Shell ordered the whistleblowers off the project and the contractor fired the two inspectors. The couple’s allegations are contained in their whistleblower complaint filed with the Labor Department.
Listen and read proof in audio and transcript form of Shell CEO Ben van Beurden’s cover-up tactics in the OPL 245 Nigerian corruption scandal. The instruction given by him in the covertly recorded call to CFO Simon Henry was at odds with Shell’s claimed core business principles. Cover-up and obstruction, instead of transparency and integrity, says Shell critic John Donovan
JOHN DONOVAN TV DOCUMENTARY INTERVIEW
SHELL EXECUTIVES AT THE CENTER OF A SCHEME TO STEAL $1.3 BILLION FROM NIGERIA’S PEOPLE
SHELL ADMITS DEALING WITH NIGERIAN MONEY LAUNDERER – BBC NEWS
SHELL, ENI AND NIGERIAN OFFICIALS IN OPL 245 CORRUPTION SCANDAL
INVESTIGATION OF OPL 245 NIGERIAN OIL CORRUPTION SCANDAL
DUTCH EARTHQUAKES CAUSED BY SHELL/EXXON
SHELL KILLS FOR OIL IN NIGERIA
ESTHER KIOBEL SUES SHELL FOR COMPLICITY IN HUSBANDS MURDER
ESTHER KIOBEL: EVIL OIL GIANT SHELL COLLUDED IN THE EXECUTION OF MY INNOCENT HUSBAND
SHELL LIED ABOUT CLEANING UP OIL IN NIGER DELTA
SHELL SPIES INFILTRATED NIGERIAN GOVERNMENT
LEGO DROPS SHELL OVER GREENPEACE OIL SPILL VIDEO
SHELL ARCTIC DRILLING ACCIDENTS
SHELL KNEW ABOUT CLIMATE CHANGE DECADES AGO
ABANDONED BY SHELL: KEITH MACDONALD & FAMILY, VICTIMS OF RADIOACTIVE CONTAMINATION AT WORK
ROYAL DUTCH SHELL FOUNDER SIR HENRI DETERDING, NAZI FINANCIER
JOHN DONOVAN PROMOTIONAL GAMES FOR SHELL AND OTHER CLIENTS
EBOOK TITLE: “SIR HENRI DETERDING AND THE NAZI HISTORY OF ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON EBOOK TITLE: “JOHN DONOVAN, SHELL’S NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON. EBOOK TITLE: “TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA: HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD” – AVAILABLE ON AMAZON.
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See our link list of over 500 articles by the FT, Wall Street Journal, Reuters, Bloomberg, Forbes, Dow Jones Newswires, New York Times, CNBC etc, plus UK House of Commons Select Committee Hansard records, information on U.S. Securities & Exchange Commission websiteetc. all containing references to our Shell focussed websites, or our website founders Alfred and John Donovan. Includes TV documentary features in English and German, newspaper and magazine articles, radio interviews, newsletters etc. Plus academic papers, Stratfor intelligence reports and UK, U.S. and Australian state/parliamentary publications, also citing our Shell websites. Click on this link to see the entire list, all in date order with a link to an index of over 60 books also containing references to our non-profit websites and/or our activities.
John Donovan, the website owner A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
Oil giant Shell today announced that it had finished offloading shares in its New Zealand business to Austrian oil company OMV.
MOSCOW, October 9 (RIA Novosti) – Oil and gas giant Shell and its New Zealand partner firm Todd Energy were accused of unlawful offshore drilling in New Zealand, but managed to evade court prosecution and only received a warning letter, New Zealand News UK reports.
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EBOOK TITLE: “SIR HENRI DETERDING AND THE NAZI HISTORY OF ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON
EBOOK TITLE: “JOHN DONOVAN, SHELL’S NIGHTMARE: MY EPIC FEUD WITH THE UNSCRUPULOUS OIL GIANT ROYAL DUTCH SHELL” – AVAILABLE ON AMAZON.
EBOOK TITLE: “TOXIC FACTS ABOUT SHELL REMOVED FROM WIKIPEDIA: HOW SHELL BECAME THE MOST HATED BRAND IN THE WORLD” – AVAILABLE ON AMAZON.
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.