Fri Jun 15, 2012 11:38am EDT
(Reuters) – Royal Dutch Shell’s Nigeria operation is working on selling three oil blocks in its latest move to divest some onshore assets, a spokesman said on Friday.
Shell has been winding down some of its onshore operations to focus on offshore and deepwater drilling. The sales follow similar divestments over the past two years.
The Nigerian government, which is trying to increase ownership of oil blocks by local companies, has encouraged such deals.
“SPDC (Shell Petroleum Development Corporation) is working towards the potential divestment of OMLs 30, 34 and 40,” spokesman Tony Okonedo said by telephone.
He declined to comment on any negotiations or whether an offer had already been made for them.
Shell’s onshore facilities are plagued with problems such as militancy and rampant oil theft, but Okonedo insisted there was no link between this and the divestments.
“We will continue to look at opportunities to rationalise our portfolio,” he said. “This is not Shell leaving Nigeria but rather a refocusing aimed at strengthening our long-term position in country.”
Last year Shell sold its 30 percent stake in Nigerian onshore oil block OML 42 to local consortium Neconde Energy, which includes Nestoil Group, Aries E&P Company Limited, VP Global and Poland’s Kulczyk Oil Ventures, for $390 million.
The Anglo-Dutch major also divested its 30 percent stake in block OML 26 to First Hydrocarbon Nigeria (FHN), which is part-owned by Afren, for $98 million in the same year.
In 2010 it assigned three blocks, OML 4, 38 and 41, to Seplat Petroleum, Okonedo said.
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.
