News & Media releases
Gazprom Neft and Shell Global Solutions have completed the implementation of Navigator.55 Programme at Omsk Refinery
16/11/2006
On September 30, 2006, Gazprom Neft and Shell Global Solutions completed the implementation of the joint Navigator.55 Programme aimed at Omsk Refinery improvement.
The parties have met the mutual commitments under the Programme. Shell Global Solutions and Omsk Refinery specialists have jointly prepared 28 scenarios of Omsk Refinery development, and 4 of them have been selected. Shell Global Solutions and Omsk Refinery specialists have also shared their experience, and consultancy services have been provided during the Omsk Refinery Improvement Programme.
At present, the parties consider the Navigator.55 Project completed. However, the License Agreement for the software and model purchase and use at Omsk Refinery signed by the companies continues to be valid. Gazprom Neft and Shell Global Solutions are looking forward to future cooperation within new projects and programmes.
Notes to editors
Shell Global Solutions provides business and operational consultancy, catalysts, technical services and research and development expertise to the energy and processing industries worldwide. Shell Global Solutions has over 4500 staff located in an extensive network of offices around the world, with primary commercial and technical centres operating in the USA, Europe and Asia Pacific.
In 2005, Global Solutions supported Shell's business activities in downstream manufacturing, downstream marketing, gas & LNG, production and project management, and successfully serviced refining, chemicals, gas, metals, pulp and paper and motor-sport customers worldwide.
Disclaimer statement
This announcement contains forward-looking statements, that are subject to risk factors associated with the oil, gas, power, chemicals and renewables business. It is believed that the expectations reflected in these statements are reasonable, but may be affected by a variety of variables which could cause actual results, trends or reserves replacement to differ materially, including, but not limited to: price fluctuations, actual demand, currency fluctuations, drilling and production results, reserve estimates, loss of market, industry competition, environmental risks, physical risks, risks associated with the identification of suitable potential acquisition properties and targets and the successful negotiation and consummation of transactions, the risk of doing business in developing countries, legislative, fiscal and regulatory developments including potential litigation and regulatory effects arising from recategorisation of reserves, economic and financial market conditions in various countries and regions, political risks, project delay or advancement, approvals and cost estimates.
Please refer to the Annual Report on Form 20-F for the year ended December 31, 2004 (as amended) for a description of certain important factors, risks and uncertainties that may affect the Shell Group's businesses. Neither Royal Dutch Shell plc nor any member of the Shell Group undertakes any obligation to publicly update or revise any of these forward-looking statements, whether to reflect new information, future events or other information.
Cautionary Note to US Investors
The United States Securities and Exchange Commission ('SEC') permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We use certain terms in this presentation, such as "expected producible resources" and "amount of reserves we expect to produce", that the SEC's guidelines strictly prohibit us from including in filings with the SEC.