By Delphine Strauss
Published: January 20 2006
BG, the UK oil and gas group, said on Friday it was entering the Nigerian upstream sector through a deal giving it a 45 per cent interest in an offshore exploration venture.
BG acquired the stake under a farm-in agreement with Sahara Energy Exploration and Production, which won a license for the area in 2005 and will itself retain a 45 per cent interest. Seven Energy Nigeria holds the remaining 10 per cent.
The partners signed a production sharing contract on Thursday to start work at Block 332, located in deep water off the western Niger Delta around 100km south-east of Nigeria’s business capital Lagos.
“Nigeria is a prolific hydrocarbon province which fits well with our market focused Atlantic Basin strategy,” said Stuart Fysh, BG’s group executive vice president for the region.
North Sea gas from its UK operations accounted for 40 per cent of group production in 2004, but as these fields mature BG is increasingly investing in growth markets such as Egypt, Tunisia and Kazakhstan.
It has announced its entry to Nigeria’s upstream sector in a week when militants in the Niger Delta threatened to kill three Royal Dutch Shell workers they have taken hostage. Rising violence in the area had shut down ten per cent of Nigeria’s oil production on Friday, helping drive oil prices above $67.
BG did not disclose financial details of the deal but it is not expected to have a significant impact on its portfolio.
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
