The ‘Harvey Energy’ is 302 foot long and operates on three dual-fuel Wärtsilä engines.  It will run on 99% LNG fuel and will be able to operate for around seven days before refuelling.  It will load from Harvey Gulf’s new LNG bunkering facility at their terminal at Port Fourchon.  Port Fourchon is Louisiana’s southernmost port, with more than 600 oil and gas drilling rigs and platforms located within a 40-mile radius.  From there the ‘Harvey Energy’ will go to Shell’s platforms, such as the new Olympus production platform, bringing equipment and drilling fluids.

“Shell is delighted to be the customer of this innovative vessel,” said John Hollowell, Executive Vice President Shell Deep Water.  “It is a pleasure to partner with Harvey Gulf on this pioneering project. Shell’s investment underlines our confidence in LNG becoming a bigger part of the global fuel mix.”

Christian Buelow, General Manager Downstream LNG Americas, added, “I’m pleased to see this first-of-its-kind vessel operating in North America.  Shell continues to look in to the commercial opportunity of supplying LNG fuel to customers in the region – both marine and road transport customers.”

Harvey Gulf International Marine’s CEO and Chairman, Shane Guidry, noted, “Harvey Gulf is excited to share these historical maritime events with Shell,  The ‘Harvey Energy’ and her sister ships exemplify Harvey Gulf’s commitment to Shell and our customers to bring the best available environmentally friendly technology to the market.  We understand the environmental regulatory issues facing our customers and this new build program’s focus has been to work closely with them to address and mitigate these issues.”

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Notes to Editors

  • The Harvey Energy was built by the Gulf Coast Shipyard in Mississippi. 
  • It will meet the stringent requirements of the ABS “ENVIRO+, Green Passport” notation, making them the most environmentally friendly Offshore Supply Vessels in Gulf of Mexico.
  • In addition to using LNG as a fuel, the OSV will also use high efficient Gadinia 40 as its engine oil.
  • Shell’s support helped launch Greenstream and Green Rhine, the world’s first 100% LNG-powered barges to carry goods along Europe’s River Rhine.
  • Shell will be the first customer of a new, dedicated LNG for transport infrastructure announced in July 2014 by the GATE terminal.
  • Shell plans to build a specialised LNG bunker vessel in the port of Rotterdam with a capacity of around 6,500 cubic metres to facilitate ship to ship transfer operations.
  • Shell Shipping & Maritime manages 44 LNG carriers – around 11% of the world’s LNG fleet - making Shell one of the largest LNG carrier operators.

Reserves: Our use of the term “reserves” in this presentation means SEC proved oil and gas reserves.

Resources:  Our use of the term “resources” in this presentation includes quantities of oil and gas not yet classified as SEC proved oil and gas reserves.  Resources are consistent with the Society of Petroleum Engineers 2P and 2C definitions.

Organic: Our use of the term Organic includes SEC proved oil and gas reserves excluding changes resulting from acquisitions, divestments and year-average pricing impact.

Resources plays: Our use of the term ‘resources plays’ refers to tight, shale and coal bed methane oil and gas acreage.

The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate entities. In this presentation “Shell”, “Shell group” and “Royal Dutch Shell” are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies.

‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this presentation refer to companies in which Royal Dutch Shell either directly or indirectly has control. Companies over which Shell has joint control are generally referred to as “joint ventures” and companies over which Shell has significant influence but neither control nor joint control are referred to as “associates”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest.

This presentation contains forward-looking statements concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements.

Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as ‘‘anticipate’’, ‘‘believe’’, ‘‘could’’, ‘‘estimate’’, ‘‘expect’’, ‘‘intend’’, ‘‘may’’, ‘‘plan’’, ‘‘objectives’’, ‘‘outlook’’, ‘‘probably’’, ‘‘project’’, ‘‘will’’, ‘‘seek’’, ‘‘target’’, ‘‘risks’’, ‘‘goals’’, ‘‘should’’ and similar terms and phrases.

There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this presentation, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions;

(i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including potential litigation and regulatory measures as a result of climate changes; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions.

All forward-looking statements contained in this presentation are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional factors that may affect future results are contained in Royal Dutch Shell’s 20-F for the year ended 31 December, 2013 (available at www.shell.com/investor and www.sec.gov ). These factors also should be considered by the reader.  Each forward-looking statement speaks only as of the date of this presentation, 5 March, 2015.

Neither Royal Dutch Shell nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this presentation. There can be no assurance that dividend payments will match or exceed those set out in this presentation in the future, or that they will be made at all.

We use certain terms in this presentation, such as discovery potential, that the United States Securities and Exchange Commission (SEC) guidelines strictly prohibit us from including in filings with the SEC.  U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov. You can also obtain this form from the SEC by calling 1-800-SEC-0330.

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The Shell Shipping fleet

Shell has been in the business of shipping since the late 1800s. Today we manage one of the largest fleets of crude oil, oil products tankers and liquefied natural gas carriers in the world - all playing a vital role in the safe and secure delivery of energy.