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Shell Says Tax Played Role in Move of Drilling Rig That Grounded

2013-01-11 17:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Avoiding a state tax played a role in Royal Dutch Shell Plc (RDSA)s decision to move a drilling rig from Alaska waters, though the company said the vessels grounding days later was the result of an unforeseen worsening of weather. The Kulluk broke free from its tugboat in stormy seas on Dec. 31 and ran aground on an uninhabited Alaskan island, another embarrassment for a company that has spent $4.5 billion and seven years in pursuit of oil beneath the Chukchi and Beaufort seas in the Arctic...

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United States: Shell may have moved rig to avoid taxes - U.S. lawmaker

2013-01-11 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Shell may have moved an oil rig that ran aground off Alaska last week partly to avoid millions of dollars in taxes, U.S. Rep. Ed Markey said, raising even more questions about the oil company's decision on the timing of the move. The letter from the top Democrat on the House of Representatives Natural Resources Committee adds to the already-intense political scrutiny of Royal Dutch Shell's ambitious and troubled Arctic drilling foray last year. Shell's 30-year-old Kulluk drillship ran aground...

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Shell's rig failure the tip of the iceberg for Arctic drilling?

2013-01-10 01:00:00| Offshore Technology

The recent grounding of Shell's drill ship in Alaska has added fuel to fears that offshore operations in the Arctic may be too risky. And while the Obama administration has supported Arctic offshore drilling in the past, the tables may be about to tu

Tags: tip failure arctic drilling

 

Oil Rig Aground in Alaska Is Towed From Shoreline

2013-01-07 17:12:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: A week after it ran aground along a rocky shoreline in the Gulf of Alaska, a Shell Oil drilling rig was refloated and towed to safer water for inspection, officials said Monday. Sean Churchfield, operations manager for Shell Alaska and a member of the response team that includes representatives from Shell, the Coast Guard and Alaskas environmental agency, said the rig was refloated late Sunday night and arrived in Kiliuda Bay, a sheltered area on Kodiak Island about 300 miles southwest of Anchorage,...

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Rough Weather Hinders Work to Move Rig Stranded in Alaska

2013-01-07 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: Taking advantage of a break in the weather, salvage crews on Sunday attached a tow line to a drilling rig that ran aground last week in the Gulf of Alaska. Officials said that the rig, the Kulluk, was stable and that there was no sign of environmental damage. With the line attached to a ship, the Aiviq, preparations were under way to move the rig from its spot along a rocky shoreline on Sitkalidak Island to a sheltered harbor for inspection. We have made the tow connection to the Kulluk, said...

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