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Harry Brekelmans To Become Shell Exec VP For Strategy, Planning

THE WALL STREET JOURNAL

SEPTEMBER 10, 2009, 4:31 A.M. ET

MOSCOW (Dow Jones)–The chief executive of Salym Petroleum Development NV, Harry Brekelmans, is to become Royal Dutch Shell PLC’s (RDSA.LN) executive vice president for strategy and planning, as he steps down as head of the Russia-based joint venture between Sibir Energy PLC (SBE-LN) and Shell, SPD said Thursday.

Brekelmans will be replaced by Simon Durkin, formerly Shell’s managing director for exploration and production in China.

The Salym field in West Siberia is the largest onshore investment project with foreign capital in Russia’s energy sector.

OAO Gazprom Neft (SIBN.RS) controls Sibir, whose shares have been suspended since February, pending investigations into erroneous disclosures about controversial dealings with a shareholder.

-By Alexander Kolyandr, Dow Jones Newswires; +7 495 937 8445; [email protected]

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