SHELL
Investing in Global
Upstream Operations PRODUCTION: David Napier
Shell is looking to the world’s emerging high-growth markets for its future sources of resources. This means big investments in places like Brazil, Mexico, Nigeria, Australia and elsewhere.
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Royal Dutch Shell - the global energy giant that has operations across more than 70 countries and interests in oil, gas, renewable, chemical products, manufacturing and retail – is solidifying its position as one of the front runners in all markets that it operates in by focussing on its strategy on fuel production and divesting from non-core assets in various markets around the globe. Shell is incorporated in England and Wales and is listed on the London, Amsterdam and New York stock exchanges. Through its 110-year history, Shell has become one of the world’s most recognised brands and its yellow and red colours are synonymous with highquality fuel products across all continents. Recent advancements in developing markets are helping to position Shell for the future, and secure supply as the company looks to help meet global energy demand in a responsible way. Geographies including Australia, Brazil, Nigeria and Mexico are all on Shell’s radar and earlier this year, exciting news began to flow from these interesting markets.
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PRELUDE The Prelude FLNG project is now rather famous because of its ambitious size and potential. Prelude FLNG is a 488-metre-long floating facility loaded with state-of-the-art technology for the extraction and storage of natural gas. It allows Shell to access offshore gas fields that would otherwise be too costly or difficult to develop. In July, the vessel arrived in Australian waters and the long, complicated process of mooring and hooking up began. This milestone for Shell is significant because of the significant impact the project will have on the economy in the north of Australia. “Prelude’s arrival is a clear demonstration of Shell’s longstanding commitment to investment and development in Australia – delivering significant economic benefits to the nation,” said Shell Australia Chairman Zoe Yujnovich. “Prelude is an Australian project and Shell has recognised how important it is to build strong partnerships with Australian industry,” she said. Highlighting just a few of the many important impacts the project has had on the region, she said: “To develop and maintain a safe, high performance culture on the
facility, Shell has partnered with South Metropolitan TAFE in Western Australia to develop specific training for Prelude technicians. “150 technicians have been trained across a broad range of critical skills, including helicopter landing and refuelling skills, rigging, scaffolding and first aid. “West Australian based company CIVMEC, a construction and engineering services provider, constructed the four massive anchor piles for Prelude’s subsea flowlines from their facility in Henderson.” Over the next few months, Prelude FLNG will be home to 260 local workers on board the facility during operations and create over a 1500 jobs during the hook-up and commissioning phase of the project. The extraction and liquification of natural gas at sea, followed by delivery to customers around the world will help to entrench Shell’s name as a technology and provision leader in the natural gas industry. GBARAN-UBIE In Nigeria, Shell announced recently that its project in the Niger Delta region - with partners Nigerian National
