Royal Dutch Shell Plc  .com Rotating Header Image

Marvin Odum

U.S. Gulf still important to Shell

HOUSTON | Mon Jun 13, 2011 5:35pm EDT

(Reuters) – The Gulf of Mexico remains a “very strategically important” area for Royal Dutch Shell’s (RDSa.L) Americas arm both in terms of exploration and the company’s consideration of buying more assets, Marvin Odum, president of Shell Oil Co, said on Monday.

We’ve been growing our business there, mostly through exploration,” Odum said at the Reuters Global Energy and Climate Summit. “If something becomes available, I guarantee we’ll be looking at it.” read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell Makes Final Investment To Develop Cardamom Field

June 8, 2011

LONDON -(Dow Jones)- Royal Dutch Shell PLC (RDSA.LN) has taken the final investment decision for the multi-billion dollar development of its deepwater Cardamom oil and gas field in the Gulf of Mexico, the Anglo-Dutch energy company said Wednesday.

“This is another sizable deep-water investment by Shell that strengthens energy supplies to the USA. It will also secure employment for more offshore workers,” said Shell Upstream Americas Director Marvin Odum. (Right)

Shell said its plan to develop Cardamom was a “significant, multi-billion dollar investment” although it didn’t specify how much and over what period of time it would be spending the money. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell President Marvin Odum Appears at the Senate Finance Committee Meeting

WASHINGTON, May 12, 2011 /PRNewswire/ — Statement of Marvin E. Odum President, Shell Oil Company (Photo right)

SHELL OIL COMPANY ODUM Marvin Odum, president of Shell Oil Company. (PRNewsFoto/Shell Oil Company) WASHINGTON, DC UNITED STATES

Chairman Baucus, Ranking Member Hatch, and members of the Committee:

I am Marvin Odum, president of Shell Oil Company. Shell is a global energy company, with more than 90,000 employees in more than 90 countries. Approximately 19,000 of those employees are here in the U.S. working to discover, produce, market and deliver to consumers today’s energy and tomorrow’s energy technology. Thank you for the opportunity to speak today. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell Hopeful on Arctic Permits After U.S. Meeting

Tuesday May 10, 2011

By GUY CHAZAN AND STEPHEN POWER

The White House is ratcheting up its involvement in a looming decision on whether to grant Royal Dutch Shell PLC permission to drill for oil off the coast of Alaska, raising the company’s hopes that it can secure the necessary permits for an expensive and controversial project.

In an interview, Shell’s U.S. president, Marvin Odum, said a meeting last week with senior Environmental Protection Agency officials and top energy aides to President Barack Obama left him more confident Shell would get all the permits it needs to start drilling in the Arctic seas off Alaska next year. The drilling plans have faced fierce opposition from environmental and some indigenous Alaskan groups and, a senior administration official noted, must still secure the approval of multiple federal agencies. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

US not ready for debate on exporting shale gas: Shell official


Washington (Platts)–26Apr2011/533 pm EDT/2133 GMT

Shell’s president for US operations on Tuesday called talk of exporting shale gas premature, at least politically.

“We’re still waking up to the fact that we have this enormous energy resource in our backyard,” Marvin Odum said at the US Energy Information Administration’s conference in Washington. “It completely changed the way we look at energy as a country.”

“I think we finish that realization process and then have the political debate about whether exporting some of that energy is something we allow to happen or not.” read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell Expects to Drill in Alaska’s Arctic in 2012

APRIL 15, 2011

By ISABEL ORDONEZ

Royal Dutch Shell PLC expects to start drilling in Alaska’s Arctic waters in the summer of next year and have in place an oil-containment system specifically designed for the area ready at the same time, the head of the company’s U.S. operations said Friday.

“Our aspiration is to drill in the 2012 season,” Marvin Odum, president of Shell Oil Co., the U.S. unit of the Anglo-Dutch giant, told Dow Jones Newswires in a interview. “We are hopeful, but also cautions.” read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell Executives Convert Maximum Allowance of Bonus Into Shares

By Eduard Gismatullin – Feb 7, 2011 6:35 PM GMT+0000

Royal Dutch Shell Plc’s Chief Executive Officer Peter Voser and five other executives agreed to convert the maximum proportion of their bonus into stock.

Voser got 50 percent of his 2010 bonus, or the equivalent of 1.875 million euros ($2.55 million), converted into 73,457 class-A shares, the company said today in a statement.

Five more executives, including Chief Financial Officer Simon Henry, also converted half of their bonuses into shares. Marvin Odum, president of Shell’s U.S. business, was the only one listed in the statement who converted 25 percent of its bonus into the company shares. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell: We’ll produce more gas than oil by 2012

Interview by Shelley DuBois December 15, 2010: 3:25 PM ET

FORTUNE — Slowly but surely, the energy landscape in America and around the globe is changing. Crude is still king, but oil and gas companies are increasingly folding in more and different assets.

Shell (RDSA), for example, has purchased and developed tons of natural gas assets, even though the commodity sells for cheap in the current market. To get some insight into Big Oil’s strategy for the future of energy, Fortune spoke with President of Shell Oil Company, Marvin Odum. Odum filled us in on the long-term natural gas outlook, drilling in the Gulf after BP (BP) muddied the industry’s reputation and why Shell feels like oil sands are cleaner than you think. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell chief sees some attractive BP assets – CNBC

Thu Jul 8, 2010 8:08pm GMT

NEW YORK July 8 (Reuters) – The head of Royal Dutch Shell’s (RDSa.L: Quote) U.S. arm told CNBC that the company could be interested in some BP Plc (BP.L: Quote)(BP.N: Quote) assets if its peer tried to sell off properties.

“If BP decided to sell assets clearly there are some things that would make sense for our portfolio. But that’s a later decision because of what’s happening now,” Shell Oil Co President Marvin Odum said.

BP, which has been battling the oil spill from a well blowout in the Gulf of Mexico since April, has announced plans to sell $10 billion in assets to help shore up its cash position. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell not planning oil sands expansion – paper

REUTERS

* Shell plans no expansions in oil sands

* Expects to boost output from existing ops (In U.S. dollars unless noted)

CALGARY, Alberta, April 29 (Reuters) – Royal Dutch Shell Plc (RDSa.L) has no plans to quickly expand its oil sands operations, focusing instead on tweaking output from its existing investments, the head of Shell’s U.S. arm told a Canadian newspaper.

In an interview with the Globe and Mail’s editorial board, Marvin Odum, president of Shell Oil Co, said the company was unlikely to launch a major expansion of its 60 percent-owned Athabasca oil sands project because new projects in the region, which contains the largest crude reserves outside the Middle East, are too expensive. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell Conchas Project Is ‘Above Expectations,’ Odum Tells Valor

Bloomberg.com

By Laura Price

April 20 (Bloomberg) — Royal Dutch Shell Plc’s Parque das Conchas oil project in Brazil is performing “above expectations,” Valor Economico said, citing Marvin Odum, the company’s upstream director for the Americas.

Shell has been drilling at Parque das Conchas in the Campos Basin for six months, the Sao Paulo-based newspaper said. Oil exploration in Brazil, where Shell currently produces about 117,000 barrels a day, is one of the company’s priorities, Valor said, citing Odum. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell’s Odum Says Brazil Oil Rules to Lure Spending

The Hague-based Shell, which has invested $2.8 billion in crude exploration and production in Brazil since 1998, will hold off on spending plans for the pre-salt area until rules are clear, said Marvin Odum, head of the company’s oil and exploration for the Americas.

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Royal Dutch Shell restructuring to affect 24,000 jobs

Royal Dutch Shell has unveiled the most the radical restructuring of its operations for decades in a move that will impact over 24,000 jobs.

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Massive shake-up at Shell puts 24,000 jobs at risk

The Independent

Up to a third of senior management under threat

By Sarah Arnott

Thursday, 28 May 2009

Hot on the heels of the surprise resignation of top executive Linda Cook, Shell’s in-coming chief executive Peter Voser announced major restructuring plans yesterday that could cut thousands of rank-and-file jobs.

Some 24,000 staff at the Anglo-Dutch oil giant will be affected by the changes, with job losses expected to be in the thousands. Up to a third of senior management are believed to be under threat.

There are three major structural changes. The company’s three upstream businesses – exploration and production (EP), gas and power (GP) and oil sands – will be combined into two, new regional units: Upstream Americas and Upstream International. Mr Voser is also creating an entirely new “Projects & Technology” division which will manage everything from R&D to project delivery to contracting and procurement. Finally, some parts of Shell corporate are to be absorbed into specific business units, while the rest is streamlined under a single combined human resources (HR) corporate director role. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell Sees Recession Improving Acquisition Prospects

“As other companies potentially -- either already have or potentially -- go into distress and have an inability to perform on what they have, that likely creates an opportunity,” Marvin Odum, president of The Hague-based Shell’s U.S. operations, said today in an interview in New York.

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell Sees Global Oil Demand Doubling By 2050

NPR Home Page

Morning Edition, February 27, 2009 · As oil companies plan for the future, they are expecting prices and demand to be higher. Oil company executives were on Capitol Hill this week to discuss offshore drilling, which they say needs to be part of America’s long-term energy policy. Shell Oil Company President Marvin Odum tells Steve Inskeep that he expects demand throughout the world to double by 2050.

Video clip available at… npr

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.