Shell's Olympus Hull Departs South Korea

                   Shell's Olympus Hull Departs South Korea

PR Newswire

HOUSTON, Nov. 28, 2012

HOUSTON, Nov. 28, 2012 /PRNewswire/ -- Shell Offshore Inc.'s (Shell) Olympus
hull, the approximately 32,500 metric ton main body of the Olympus TLP,
departed from South Korea today to begin its two month journey to the U.S.
Gulf Coast. After nearly 4 million man hours and a peak of approximately
1,300 workers on-site, construction of the Olympus hull was completed in
November 2012. The hull will be transported from South Korea to Ingleside, TX
on Dockwise's world-class Blue Marlin marine vessel, a semi-submersible heavy
lift ship specifically designed to transport larger equipment above the ship's
deck. The hull is expected to reach Ingleside, Texas in early 2013 where
installation of the topsides will take place before the TLP departs for its
final location on the Mars Field in the Gulf of Mexico.




The Mars Field, owned by Shell (71.5%) and BP (28.5%), and operated by Shell,
continues to contribute to the Gulf of Mexico's position as a critical
component of the US energy supply. Discovered in 1989 and brought onto
production in 1996, the Mars Field is considered one of the largest resource
basins in the Gulf of Mexico. The site for the Olympus TLP, known as the Mars
B development, is located about 130-miles south of New Orleans in the
Mississippi Canyon and lies in approximately 3000 feet of water.

The Olympus TLP, Shell's sixth and largest tension leg platform, will also
provide process infrastructure for two of Shell's deep water discoveries, West
Boreas and South Deimos. The Mars B development is the first project of its
kind to expand an existing deep water Gulf of Mexico oil field. A combination
of factors produced this growth, including improved understanding of the
reservoir and recovery potential due to advanced seismic and modeling
technologies, and new discoveries in the Mars Field.

For more information on the Mars B project, please visit:

Cautionary Note

The companies in which Royal Dutch Shell plc directly and indirectly owns
investments are separate entities. In this press release "Shell", "Shell
group" and "Royal Dutch Shell" are sometimes used for convenience where
references are made to Royal Dutch Shell plc and its subsidiaries in general.
Likewise, the words "we", "us" and "our" are also used to refer to
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Dutch Shell either directly or indirectly has control, by having either a
majority of the voting rights or the right to exercise a controlling
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entities are also referred to as "equity-accounted investments". The term
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indirect (for example, through our 23% shareholding in Woodside Petroleum
Ltd.) ownership interest held by Shell in a venture, partnership or company,
after exclusion of all third-party interest.

This press release contains forward-looking statements concerning the
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entirety by the cautionary statements contained or referred to in this
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statements. Additional factors that may affect future results are contained in
Royal Dutch Shell's 20-F for the year ended December 31, 2011 (available at and ). These factors also should be
considered by the reader. Each forward-looking statement speaks only as of the
date of this press release, November 28, 2012. Neither Royal Dutch Shell nor
any of its subsidiaries undertake any obligation to publicly update or revise
any forward-looking statement as a result of new information, future events or
other information. In light of these risks, results could differ materially
from those stated, implied or inferred from the forward-looking statements
contained in this press release.

We may have used certain terms, such as resources, in this press release that
United States Securities and Exchange Commission (SEC) strictly prohibits us
from including in our filings with the SEC. U.S. Investors are urged to
consider closely the disclosure in our Form 20-F, File No 1-32575, available
on the SEC website You can also obtain these forms from the SEC
by calling 1-800-SEC-0330.

SOURCE Shell Offshore Inc.

Contact: Shell Oil Company, Shell Media Line, +1-713-241-4544
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