Security firm being investigated over €1.8m deficit, court told

By: 
Aodhan O'Faolain & Ray Managh - Irish Times

Company provided Shell with personnel during Mayo pipeline construction

A criminal investigation is being conducted into a firm that provided cash in transit and other security services and which has an estimated deficit in its client account of €1.8 million, the High Court has heard.

The Garda probe concerns the affairs of Business Mobile Security Services Ltd (BMSS), the holding company of Senaca. As well as providing a cash in transit service the firm also supplied security personnel to Shell, during the construction of a highly controversial gas pipeline and refinery at Bellanaboy in Co Mayo some years ago.

Posted Date: 
30 August 2019
Link: 

https://www.irishtimes.com/business/retail-and-services/security-firm-be...

In the Princess Latifa affair, Mary Robinson has willingly tarnished her reputation for Dubai’s regime

By: 
David Haigh - The Independent

[Shell to Sea] Interesting that Mary Robinson would travel to Dubai to help her friends in high places but wouldn't travel 50km down the road to support a community fighting for their human rights against an energy giant - More info here.

 

Not only is this a clear misuse of Robinson’s former office as UN high commissioner for human rights, it undermines the movement for the fair treatment of women

There’s a saying in show business that you can spend 20 years becoming an overnight star. In politics, the same is true in reverse, as the sad case of Mary Robinson and Princess Latifa of Dubai shows.

In a world of Trump, Le Pen, Salvini, Bolsonaro and numerous others, the likes of Robinson have stood out as beacons of hope. To the world outside Ireland, she distinguished herself in her seven years as president, and went on to serve five years as the UN high commissioner for human rights. As a young law student at Southampton University, she was someone I found inspiring.

Posted Date: 
11 January 2019
Link: 

https://www.independent.co.uk/voices/mary-robinson-dubai-princess-latifa...

Minister approves sale of key Mayo gasfield

By: 
Mark Tighe, Peter O’Dwyer - The Times

The sale of Shell’s stake in the Corrib gasfield has moved a step closer to completion after Richard Bruton signed off on the proposed deal.

The recently appointed environment minister yesterday approved the sale of Shell’s 45 per cent stake in the Mayo gas project to Nephin Energy. The deal is understood to be worth about €830 million. Nephin is a wholly owned indirect subsidiary of the Canada Pension Plan Investment Board (CPPIB).

Posted Date: 
28 November 2018
Link: 

https://www.thetimes.co.uk/article/minister-approves-sale-of-key-mayo-ga...

Paperwork blunder left state exposed to Corrib gas field liabiilties

By: 
Mark Tighe - Sunday Times

An accident at Corrib could have cost the taxpayer millions

The state could have faced liabilities of many millions of euros if there had been an accident at the Corrib gas field at any time in the past 16 years, it has emerged.

An oversight meant there was no power to make Royal Dutch Shell, the project’s largest shareholder, pay compensation.

Correspondence obtained by The Sunday Times reveals that while reviewing Shell’s proposal to sell its 45% stake in the Mayo gas project for €830m last January, the government discovered that Royal Dutch Shell, the ultimate parent company of Shell Ireland, was not registered as a guarantor, as required under its lease.

A parent company guarantee (PCG) is required to give an unlimited assurance that any costs arising from a problem at the gas field and processing terminal, such as an environmental disaster, would be covered.

Posted Date: 
24 October 2018
Link: 

https://www.thetimes.co.uk/edition/ireland/paperwork-blunder-left-state-...

Firm doesn't expect tax bill over €362m Corrib revenues

By: 
Gordon Deegan - Irish Independent

The Corrib Gas partners have reported a 25pc jump in revenues to €362m in the first half of this year in spite of external electricity supply issues hitting production at its gas terminal in the second quarter.

That is according to new quarterly figures provided by Canadian firm Vermilion.

It said production between April and the end of June decreased 7pc quarter-over-quarter and 11pc year-over-year for the first six months.

Posted Date: 
31 August 2018
Link: 

https://www.independent.ie/business/irish/firm-doesnt-expect-tax-bill-ov...

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