RIO DE JANEIRO, March 29, 2018 /PRNewswire/ — Shell Brasil Petroleo, a subsidiary of Royal Dutch Shell plc (“Shell”), today won four additional deep-water, exploration blocks in the Campos and Potiguar basins, bringing its total operated presence offshore Brazil to 18 blocks. In the 15th deep-water bid round organized by the Brazilian National Petroleum Agency (ANP), Shell secured one exploration block on its own and three in joint-bids with Chevron Brazil, Petrobras, and Petrogal Brasil. Of the newly acquired blocks today, Shell will operate two.
Shell will pay its share of the total signing bonuses, equating for all bids to approximately USD $70-million (R$ 235-million).
“We continue to demonstrate our commitment to growing our production in Brazil and our strong belief in the value deep-water resources brings to our global portfolio,” said Andy Brown, Upstream Director, Shell. “This bid round offers significant potential for additional deep-water discoveries. These lease commitments fall within our agreed capital ceiling and are consistent with our value-based approach.”
Globally, Shell plans to invest $5-6 billion each year through 2020 into its deep water business to strategically grow production and returns for the company. The business is on track to deliver annual, free cash flow of $6-7-billion by 2020 (at $60/barrel Brent RT 2016).
NEW ACREAGE ADDED TO SHELL BRASIL’S PORTFOLIO
Campos Basin:
C-M-791 – Shell Brasil (40% – operator), Petrogal Brasil (20%), Chevron Brazil (40%)
Potiguar Basin:
POT-M-948 – Shell Brasil (100%)
POT-M-859 – Petrobras (60%), Shell Brasil (40%)
POT-M-952 – Petrobras (60%), Shell Brasil (40%)
EDITORS NOTE
- Today’s win further reinforces our commitment to Brazil, from which approximately 10% of our global oil and gas production originates.
- Shell has operated Upstream and Downstream businesses in Brazil for 105-years and was the first international oil company to commercially produce oil after the state monopoly eased in the late 1990s.
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.
