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Posts Tagged ‘Todd Energy’

Shell’s wells yield $162 million profit

6 August 2012

Oil and gas giant Shell made a profit of $162 million from its fields in Taranaki last year, including the huge but ageing Maui and Kapuni gas fields.

Shell sold its retail petrol stations in New Zealand in 2010, but it maintains its large and profitable oil and gas production fields in Taranaki and is a partner in a joint venture to explore for more in the Great South Basin off the bottom of the South Island.

It is possible partners in the Great South Basin could drill an exploration well in the summer of 2014-15, but they are still analysing data from seismic testing. read more

royaldutchshellplc.com and its also non-profit 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 and Todd in non-payment dispute

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

royaldutchshellplc.com and its also non-profit 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 NZ, Todd Petroleum battle it out

Sydney Morning Herald: Shell NZ, Todd Petroleum battle it out

Energy heavyweights Shell New Zealand and Todd Petroleum Mining on Monday squared off at the High Court in Wellington over who will operate the crucial new Pohokura gas field. The pair are currently joint operators of the field through a 50:50 venture, Shell Todd Oil Services (STOS) – a partnership dating back to 1955.”

Monday October 3, 2005

Energy heavyweights Shell New Zealand and Todd Petroleum Mining on Monday squared off at the High Court in Wellington over who will operate the crucial new Pohokura gas field.

The pair are currently joint operators of the field through a 50:50 venture, Shell Todd Oil Services (STOS) – a partnership dating back to 1955.

That relationship has soured, however, and Shell wants to supplant STOS as operator of Pohokura, a move that is supported by Austrian explorer OMV, the gas field’s third owner after Shell and Todd. read more

royaldutchshellplc.com and its also non-profit 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.

Stuff.co.nz (New Zealand): Pohokura partners in row

Stuff.co.nz (New Zealand): Pohokura partners in row

02 May 2005 

By MARTA STEEMAN

The $1 billion development of the crucial Pohokura gasfield may be slipping behind schedule because of a bitter row between energy heavyweight Shell New Zealand and Todd Energy over operating key New Zealand gasfields.

Pohokura is the biggest gasfield development since Maui, which is expected to run dry by 2007.

Shell and Todd and the other owner of Pohokura, Austrian firm OMV, have committed to first production of gas from Pohokura from mid-2006 and have contracted to sell the gas to mainly electricity generators. read more

royaldutchshellplc.com and its also non-profit 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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