Anglo-Dutch oil major agrees to offload certain assets in Gulf of Mexico
by Tsveta Zikolova: Tuesday, 30 Aug 2016, 09:00 BST
Investment companies backed by some of the world’s biggest private equity groups have expressed interest in Royal Dutch Shell’s (LON:RDSA) North Sea assets, the Financial Times has reported. The Anglo-Dutch oil major has unveiled plans to sell some $30 billion worth of assets across its global portfolio over the next three years or so is it looks to shore up its balance sheet in the wake of its acquisition of BG Group which completed earlier this year.
Shell’s share price has been steady in London this morning, having added 0.29 percent to 1,901.00p as of 08:31 BST, as compared with a 0.06-percent rise in the benchmark FTSE 100 index. The oil major’s shares have gained some 12 percent over the past year, and are up by nearly a quarter in the year-to-date.
Inside sources told the FT yesterday that Neptune, funded by Carlyle Group and CVC Capital Partners, and Siccar Point Energy, whose owners include Blackstone, were among the potential bidders for a package of North Sea assets offered by Shell. One person involved in the process, however, cautioned that talks over the assets were at an early stage and the likelihood of a deal would become clearer in the next two months.
Shell has been looking to offload some of its assets in the North Sea as part of its $30-billion disposal programme, with the company’s finance chief Simon Henry having signalled that the group plans to divest between $6 billion and $8 billion of assets this year. Reuters separately reported yesterday that the Anglo-Dutch group had agreed to sell certain assets in the Gulf of Mexico to independent oil and gas company EnVen Energy Corp for $425 million, plus royalty interests.
As of 09:01 BST, Tuesday, 30 August, Royal Dutch Shell Plc ‘A’ share price is 1,900.25p.
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.
