Shell expands in India with new global IT centre
Mar 04, 2015
Shell India Markets Pvt. Ltd. today announced the creation of an in-house global information technology centre in Bangalore, India, which is expected to provide employment opportunities for several thousand IT professionals by 2020.
Shell will invest in the centre, which will form an integral part of Shell’s global IT project delivery and support network. The investment stems from a review of Shell’s global IT projects and selected operations support capability that places greater emphasis on delivering projects in-house. Shell plans to begin operations at the centre later this year.
“I am pleased to announce the creation of the Shell IT centre in Bangalore. This move will deliver benefits to Shell and India for decades to come,” said Dr. Yasmine Hilton, Chairman of Shell Companies in India. “We aim to attract the brightest and the best talent in the industry and provide opportunities for them to build world-class business solutions. This is good news for Shell and for India.”
Bangalore was selected because of its competitiveness and the availability of a skilled, diverse IT talent pool covering the broad range of skills and disciplines that Shell needs worldwide. The centre will provide IT services to all of Shell’s businesses – Upstream, Downstream and Projects & Technology – as well as associated support functions.
Employment opportunities at the centre will be announced in the near future on the Shell India website, www.shell.in.
“This is an important development for Royal Dutch Shell,” said Harry Brekelmans, Shell’s Projects & Technology Director. “Bangalore’s significant IT talent will improve our ability to provide top-quality IT project delivery and selected operations support around the world. We look forward to further building on Shell’s close links with Bangalore.”
Shell already has a Projects and Technology Centre in Bangalore (STCB), employing over 1,000 scientists and engineers, which is part of its Projects & Technology business. In 2016, STCB will move to a purpose-built, dedicated campus, spread over 52 acres near Devanahalli, close to Bangalore International Airport. Shell also has a Business Operations Centre based in Chennai, where over 2,000 employees provide business and financial support to Shell companies worldwide.
Shell India has a growing lubricants and retail business and is present in integrated gas through its liquefied natural gas (LNG) regasification plant and port in Hazira. Shell recently signed a Memorandum of Understanding with the Andhra Pradesh Gas Development Corporation, GDF Suez and GAIL on a Floating Storage Regasification Unit (FSRU) project in Kakinada in the state of Andhra Pradesh.
Notes to Editors:
About Shell India Markets Pvt. Ltd.
Shell is one of the largest and most diversified international investors in India's energy sector. It is the only global energy major to have a fuel retail licence in India. As well as being a major private-sector supplier of crude oil, oil products, chemicals and technology to public and private oil companies, Shell has key interests in lubricants, aviation and marine products and operates an LNG receiving and re-gasification terminal. Shell also has a significant technology centre and a financial business services centre in India.
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Royal Dutch Shell plc
Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects. For further information, visit www.shell.com.
The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate entities. In this announcement "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.
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There are a number of factors that could affect the future operations of Shell and the Shell Group and could cause those results to differ materially from those expressed in the forward looking statements included in this announcement, including (without limitation):
(a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell's products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions;
(i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions;
(l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions.
All forward looking statements contained in this announcement are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward looking statements. Additional factors that may affect future results are contained in Shell's 20-F for the year ended 31 December 2013 (available at www.shell.com/investor and www.sec.gov).
These factors also should be considered by the reader. Each forward looking statement speaks only as of the date of this announcement, 4 March 2015. Neither Shell nor any of its subsidiaries nor the Shell Group 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 announcement.