Interests shift in Shell block off Brazil
Peter Howard Wertheim
OGJ Correspondent
RIO DE JANEIRO, May 2 — Shell Brazil SA exercised an option to assume a 30% additional participating interest in Block BC-10 in the Campos basin off Espirito Santo, Brazil, then sold 15% of that share to ONGC Videsh Ltd. (OVL), the overseas unit of India's Oil & Natural Gas Corp.
Shell remains operator with 50% interest. Petroleo Brasileiro SA retains 35%. Brazil's National Petroleum Agency must approve the transaction.
The block, in with water depths of 1,500-2,000 m, lies 120 km southeast of Vitoria.
BC-10 was declared commercial in December 2005 following engineering and technological studies and an exploration and appraisal program involving 13 wells (OGJ, Jan. 23, 2006, Newsletter). Six discoveries resulted in four development areas on the block: Ostra, Argonauta, Abalone, and Nautilus. Shell said estimates probable reserves at 400 million bbl.
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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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