Completing an effort to simplify its organizational structure, Royal Dutch Shell plc on Sunday finished the previously announced merger between its wholly owned subsidiary, Shell Energy North America (US), LP and four of that company’s U.S.-based Coral operating companies. Shell Energy North America (US), LP is the remaining entity.

This merger affected Coral Energy Resources, LP, Coral Power LLC, Coral Energy Management LLC and Coral Gas Marketing LLC, all of which became part of Shell Energy North America on June 1. The merger was announced in November 2007 (see Daily GPI, Nov. 14, 2007).

“We wanted to streamline our corporate structure to make it easier for our customers to do business with us in the future. We are very grateful for the cooperation we have received from our customers, regulatory authorities and other stakeholders in making this change possible, which is the culmination of more than nine months of planning and project work within our organization,” said Mark Quartermain, president, Shell Energy North America. “Today’s energy challenges require innovation and constant adaptation in all aspects of the business. This merger adds efficiencies to our corporate structure and enhances our ability to apply our experience in responding rapidly to customers’ needs. We are reinforcing our commitment to deliver comprehensive solutions to solve our customers’ energy challenges.”

Shell Energy North America is a wholly owned subsidiary of Royal Dutch Shell and is headquartered in Houston. The company and its subsidiaries trade and market natural gas, wholesale power and risk management products.

Coral Energy was formed in 1995 when Shell and Tejas Gas Corp. combined their gas marketing businesses. Shell Canada subsequently obtained an equity ownership interest in Coral. Shell Oil later acquired Tejas Gas (see Daily GPI, Jan. 12, 1998).

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