Royal Dutch Shell (Dutch)
Chief Executive Officer - Peter Voser
For the CEO:
Royal Dutch Shell plc
Carole Van Bylandtlaan 30
2596 HR The Hague, The Netherlands
For the company in USA:
Royal Dutch Shell
P.O. Box 2463
Houston, TX 77252
- In November 1999, Shell signed an agreement with the National Iranian Oil Company (NIOC) to develop two offshore oil fields in the Persian Gulf—Soroush and Nowruz. Shell’s investment of more than $800 million was pivotal in raising Iran’s oil output by 190,000 barrels per day - about an 8 percent increase in total Iranian output. In mid-2005 Shell handed over the two developed fields to Iran after various difficulties forced the company to halt production. Shell however remained involved in the marketing of the oil from the fields. (Congressional Research Service, August 2006)
- Shell was involved in negotiations with the Iranian government and China’s Sinopec regarding a 20 percent equity stake in the Yadavaran oil field in southern Iran. (International Oil Daily, November 7, 2006, and Platts Commodity News, May 27, 2007)
- In January 2007, Shell, in partnership with Repsol, signed a preliminary deal to develop sections 13 and 14 of the South Pars natural gas field. The project involves building a plant capable of liquefying eight million tons of natural gas annually for shipment to Europe and elsewhere. According to the Iranians, the deal is valued at $10 billion. (The Associated Press, January 30, 2007).
CITGO (Venezuela)
Chairman, President and CEO - Alejandro Granado
CITGO Petroleum Corporation
P.O. Box 4689
Houston, TX 77210-4689