Published: Mar 27, 2007
Royal Dutch Shell’s former upstream chief executive Walter van de Vijver has raised $1bn of private equity funds for his new company Delta Hydrocarbons, writes Martyn Wingrove .
The Dutch executive has finally found a way to return to the industry after being forced to quit Shell three years ago, with chairman Sir Philip Watts, because of the reserves slashing scandal.
Mr van de Vijver has teamed up with Maarten Scholten, former head of mergers and acquisitions at service contractor Schlumberger, to provide management services for mature oil fields.
London-listed private equity bank 3i has committed $250m into Delta Hydrocarbons. Other investors include SHV Holdings subsidiary Dyas and Upstream Capital Partners, an affiliate of Mercuria Energy.
Delta is set up to work with national oil companies to help enhance their production from mature oil and gas fields.
The Dutch firm would supply the capital, project engineering and management to execute production enhancement projects.
Delta has formed an alliance with Schlumberger to provide the well and production technologies needed to improve output on maturing fields.
With the majority of the world’s conventional oil resources held by national oil companies in the Middle East, Asia and Latin America, there could be plenty of opportunities as many of these NOCs do not have the technology to recover more of the reserves in their fields.
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.
Is there going to be no prosecution of these people, including Van de Veer and Watts for their securities fraud?