28 April 2007
New Delhi: Indian state-run explorer Oil and Natural Gas Corp may be in the process of firming up a proposal to buy up to 33 per cent in an Egyptian deepwater gas block from operator Royal Dutch Shell, reports quoting government sources have said.
According to these reports, talks are at an advanced stage. The deal is for a stake in Shell’s North East Mediterranean Deepwater (NEMED) block. The block, in which Shell holds 84 per cent, has probable reserves of 15-trillion cubic feet, according to a US department of energy website.
According to industry sources, the block holds initial in-place reserves of more than 1 tcf with “sizeable upside.”
Malaysian state oil and gas company, Petronas, owns the remaining 16 per cent in the deepwater concession, which was awarded in 1999.
ONGC Videsh Ltd., the overseas investment arm of ONGC, has to obtain government permission for any deal that exceeds either $75 million or Rs3 billion, whichever is lower.
ONGC Videsh has been asked to target production of 6.34 million tonnes of oil and 1.65 billion cubic metres of gas in the 2007/08 fiscal, the government said on Thursday.
To secure more equity oil, the company is pursuing oil and gas assets in Sudan, Iran, Iraq, Nigeria, Algeria, Egypt, Syria, Libya, Russia, Venezuela, Kazakhstan, Azerbaijan. ONGC Videsh and its partner IPR Red Sea Inc. recently made a significant new oil find in the Gulf of Suez.
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.
