Overview:

Summary

Shell To Sell European LPG Business And Oil and Gas Fields In The North Sea And Nigeria

Royal Dutch Shell Plc (Shell) plans to sell its liquefied petroleum gas (LPG) distribution unit and fields in the North Sea and Nigeria. The transactions is expected to be valued at approximately EUR1 billion ($1.35 billion). The assets include Shell’s French-based European LPG business, which sells bottled gas to rural homes and caravans. Axa Private Equity, Bain Capital, LLC and PAI Partners have shown their interest for the acquisition of Shell’s LPG business. Capital Partners Ltd. and The Carlyle Group are also rumored to be interested. In addition, Shell also plans to sell some mature oil and gas fields in the North Sea and Nigeria. The company intended to use the proceeds from the transaction to fund its capital spending program of $28 billion in 2010. Credit Suisse Group AG is acting as financial advisor to Shell with respect to the transaction.

Royal Dutch Shell Plans To Sell Five Niger Delta Oil Leases

Shell intends to sell five oil leases in Nigeria's Niger Delta to certain Nigerian oil companies, including Midwestern Oil & Gas Corporation, Niger Delta Petroleum Resources Ltd., and Seplat Petroleum Company Limited, ThisDay newspaper commented. The five oil leases include Oil Mining Leases (OML) 26, 30, 34, 40 and 42 in the Niger Delta.

Scope

- Rationale behind Shell selling its European LPG business, Niger Delta  and North Sea assets,
- Strategic Benefits for the companies involved,
- Geography covered -France, Nigeria

Reasons to buy

- Develop a sound understanding of the major M&A's, Partnerships, And Joint Ventures taking place in European and African  Oil & Gas industry
- Identify the most lucrative segments to leverage on the growth oppurtunities available in the France and Nigeria's oil & gas market
- Get a detailed analysis of a deal to enable you to take better decisions

1 Table of Contents 1
1.1 List of Tables 1
1.2 List of Figures 1
2 Summary 1
2.1 Deal Overview 1
2.2 Deal in Brief 1
2.3 Shell Planned to Sell its European LPG Business to Fund its 2010 Capital Expenditure 2
2.4 Shell is Reviewing its Portfolio of Downstream Businesses 2
2.5 Unfavorable Business Environment May Force Shell to Dispose of Its Nigerian Assets 2
2.6 Shell Has Been Witnessing Losses in Its Oil and Gas Business in Nigeria Since 2006 3
2.7 Shell has Significant Operations in Nigeria 3
2.8 Shell has been Divesting its Non-Core Businesses to Concentrate on its Core Business and Increase Capital Efficiency 4
2.9 Deal Financials and Valuations 6
3 Appendix 9
3.1 Methodology 9
3.2 Contact Us 10
3.3 Disclaimer 10"

1.1 List of Tables
Table 1: Royal Dutch Shell, Asset Transactions and Asset Divestment Details, January 2010-February 2011 5
Table 2: Companies Involved 6
Table 3: Financials of the Deal 6
Table 4: Advisor Information 6
Table 5: Target Information 6
Table 6: Target Information 6
Table 7: Acquirer Information 7
Table 8: Acquirer Information 7
Table 9: Acquirer Information 7
Table 10: Acquirer Information 7
Table 11: Acquirer Information 8
Table 12: Acquirer Information 8
Table 13: Acquirer Information 8
Table 14: Acquirer Information 8
Table 15: Vendor Information 8"

1.2 List of Figures
Figure 1:    Shell, Nigeria and Cameroon, Operations Map, 2009 3
Figure 2:    Royal Dutch Shell plc, Divestments, 2010 – February 2011 6