MARCH 4, 2011, 5:27 A.M. ET
IBADAN, Nigeria -(Dow Jones)- Shell Nigeria Exploration and Production Co., or SNEPCO, has started maintenance work at the company’s Bonga deepwater oil field, a company spokesman said Friday.
“Maintenance work started Feb. 28. Can’t yet tell when it will be completed,” Precious Okolobo, said in a text message to Dow Jones Newswires.
Last week Okolobo said the Bonga field was to be shut in February for maintenance but he didn’t say exactly when and the duration of the shutdown.
The field is located 120 kilometers offshore Nigeria and has production of 225,000 barrels a day. It began production in 2004 and hit the first oil in 2005.
The shutdown at Bonga, one of Nigeria’ successful deepwater fields, will likely result in a reduction of Nigeria’ oil export figure, which officials said stood at 2.4 million barrels a day before the start of the Bonga maintenance.
Nigeria could still earn sizeable revenue from the sale of lower quantity of oil because of the sudden rise in prices caused by the Libyan crisis.
-By Obafemi Oredein, contributing to Dow Jones Newswires; 234 2 7510489
Dow Jones Newswires March 04, 2011 05:42 ET (10:42 GMT) © 2011 Dow Jones & Company, Inc.
INSIDER COMMENT
Not a very good timing to do maintenance at these times of high oil price. And what is worse, they dont know how long it will last. Normally big maintenance projects are planned and know how long it will take. So, perhaps there is something else going on?
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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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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.

























































