MHI and Shell sign Memorandum of Understanding to form a Strategic Alliance

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        'caption' => '(From left to Right) Kazuhisa Ishikawa, General Manager, Chemical Plant Department, Mitsubishi Heavy Industries, Ltd (MHI) and Gavin Graham, Vice-President New Business, Middle East, Caspian & South Asia, Shell EP  International.',
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Notes and media contacts

Mitsubishi Heavy Industries Limited
Hideo Ikuno: Daiya PR (in charge of public relations for Mitsubishi Heavy Industries, Ltd.)
Tel: +813-6716-5277,
Fax: +813-6716-5929

Sana Bardawil, Shell EP International LIMITED, +971 50 5510 258
Bernadette Cunnane, Media relations, Shell International, +44 207 934 2713

Injection of CO2 can, in suitable oil reservoirs, lead to a significant increase in oil recovery. This Enhanced Oil Recovery (EOR) method is widely used in West Texas, USA. Shell has been one of the key players in the development of this CO2 EOR method in the USA.

Mitsubishi Heavy Industries Ltd.
Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, Japan, is one of the world�fs leading heavy machinery manufacturers, with consolidated sales of 2,590 billion yen in fiscal 2004 (year ended March 31, 2005). MHI�fs diverse lineup of products and services encompasses shipbuilding, steel structures, power plants, chemical plants, steel plants, environmental equipment, industrial and general machinery, aircraft, space rocketry and air-conditioning systems. For more information, please visit the MHI website (http://www.mhi.co.jp).

About 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 145 countries 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 including wind and solar power.