Published: Aug 01, 2007
What’s the fuss?
THE current surge in demand for energy, coupled with high oil prices, has led to a boom in exploration and production. Given that offshore activity is expected to represent 43% of oil production and 83% of gas production by the end of 2008, there is a lot of interest in the offshore market.
In addition, as oil and gas prices continue to rise, the exploration and production of previously ignored marginal fields is becoming economically viable, meaning drill ships, production vessels and supply ships are in demand.
Currently demand outstrips supply, so orderbooks of specialist shipyards and owners/operators of offshore vessels are full well into the medium term. While profits to be gained from traditional ship financing have levelled out, the offshore sector remains buoyant and is seen as a potential growth area, with many ship finance banks moving into the market.
Speakers to note
Phil J Mulhall, exploration manager, Europe/North Africa, ExxonMobil International
Sarah Kuijlaars, finance director, Shell Nigeria Exploration & Production
Bjorn Henriksen, executive vice president and CFO, Prosafe SE
Elisabeth Barstad, director, business development, BW Offshore
Sven Dybdahl, head of floating production group, DVB Merchant Bank (Asia)
Richard Moreton, executive director, Granby Oil & Gas
Erik Haugane, CEO, Pertra ASA
In a nutshell
Financing Offshore Exploration & Production, October 4-5 2007, Crowne Plaza hotel, London SW1, www.ibcenergy.com/eq1165
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.
