EXHIBITS

EXHIBIT 8

SIGNIFICANT SUBSIDIARIES

Significant subsidiaries at December 31, 2008, and Shell’s percentage of share capital (to the nearest whole number) are set out below. All of these subsidiaries have been included in the Consolidated Financial Statements of Shell on pages 113-159. Those held directly by the Company are marked with an asterisk(*). A complete list of investments in subsidiary and associated companies and jointly controlled entities will be attached to the Company’s annual return made to the Registrar of Companies.

		Country
Subsidiary undertaking	%	of incorporation	Principal activities	Class of shares held
Shell Energy Holdings Australia Ltd	100	Australia	Exploration & Production	Redeemable Preference, Ordinary
Shell Iran Offshore Ltd	100	Bermuda	Exploration & Production	Ordinary
Shell Oman Trading Ltd	100	Bermuda	Exploration & Production	Ordinary
Shell Deepwater Borneo Ltd	100	Borneo	Exploration & Production	Ordinary
Blackrock Ventures Inc.	100	Canada	Exploration & Production	Ordinary
Shell Americas Funding (Canada) ULC	100	Canada	Exploration & Production	Ordinary
Shell Canada Energy	100	Canada	Exploration & Production	Ordinary
Shell Canada Upstream	100	Canada	Exploration & Production	Ordinary
Shell Olie-OG Gasudvinding Danmark Pipelines ApS	100	Denmark	Exploration & Production	Ordinary
Shell Gabon	75	Gabon	Exploration & Production	Ordinary
Shell Algeria Reggane GmbH	100	Germany	Exploration & Production	Ordinary
Shell Algeria Zerafa GmbH	100	Germany	Exploration & Production	Ordinary
Shell Erdgas Beteiligungsgesellschaft mbH	100	Germany	Exploration & Production	Ordinary
Shell Erdoel Und Erdgas Exploration GMBH	100	Germany	Exploration & Production	Ordinary
Shell Exploration and Development Libya GMBH	100	Germany	Exploration & Production	Ordinary
Shell Verwaltungsgesellschaft fur Erdgasbeteiligungen mbH	100	Germany	Exploration & Production	Ordinary
Shell Italia E&P SpA	100	Italy	Exploration & Production	Ordinary
Shell Exploration New Zealand Ltd	100	New Zealand	Exploration & Production	Ordinary
Shell Nigeria Exploration & Production Company Ltd	100	Nigeria	Exploration & Production	Ordinary
Shell Nigeria Exploration Properties Alpha Ltd	100	Nigeria	Exploration & Production	Ordinary
Shell Nigeria Exploration Properties Beta Ltd	100	Nigeria	Exploration & Production	Ordinary
Shell Nigeria Ultra Deep Ltd	100	Nigeria	Exploration & Production	Ordinary
Shell Nigeria Upstream Ventures Ltd	100	Nigeria	Exploration & Production	Ordinary
The Shell Petroleum Development Company of Nigeria Ltd	100	Nigeria	Exploration & Production	Ordinary
A/S Norske Shell	100	Norway	Exploration & Production	Ordinary
Enterprise Oil Norge AS	100	Norway	Exploration & Production	Ordinary
Shell E&P Ireland Ltd	100	Republic of Ireland	Exploration & Production	Ordinary
Shell Exploration and Production AB	100	Sweden	Exploration & Production	Ordinary
B.V. Dordtsche Petroleum Maatschappij	100	the Netherlands	Exploration & Production	Ordinary
Kirthar Pakistan B.V.	100	the Netherlands	Exploration & Production	Redeemable, Non-Redeemable
Shell Abu Dhabi B.V.	100	the Netherlands	Exploration & Production	Ordinary
Shell Caspian B.V.	100	the Netherlands	Exploration & Production	Ordinary
Shell E&P Offshore Services B.V.	100	the Netherlands	Exploration & Production	Ordinary
Shell Egypt Deepwater B.V.	100	the Netherlands	Exploration & Production	Ordinary
Shell Egypt N.V.	100	the Netherlands	Exploration & Production	Redeemable, Ordinary
Shell EP Middle East Holdings B.V.	100	the Netherlands	Exploration & Production	Ordinary
Shell EP Wells Equipment Services B.V.	100	the Netherlands	Exploration & Production	Ordinary
Shell Exploration and Production Investments B.V.	100	the Netherlands	Exploration & Production	Ordinary
Shell Exploration B.V.	100	the Netherlands	Exploration & Production	Ordinary
Shell International Exploration and Production B.V.	100	the Netherlands	Exploration & Production	Ordinary

Shell Annual Report and Form 20-F 2008  E2

EXHIBITS

		Country
Subsidiary undertaking	%	of incorporation	Principal activities	Class of shares held
Shell Kazakhstan Development B.V.	100	the Netherlands	Exploration & Production	Redeemable, Non-Redeemable
Shell Olie-OG Gasudvinding Danmark B.V.	100	the Netherlands	Exploration & Production	Ordinary
Shell Philippines Exploration B.V.	100	the Netherlands	Exploration & Production	Redeemable, Non-Redeemable
Shell Technology Ventures B.V.	100	the Netherlands	Exploration & Production	Ordinary
Syria Shell Petroleum Development B.V.	100	the Netherlands	Exploration & Production	Redeemable, Non-Redeemable
Shell Ukraine Exploration and Production 1 LLC	100	Ukraine	Exploration & Production	Ordinary
Enterprise Oil Ltd	100	United Kingdom	Exploration & Production	Ordinary
Enterprise Oil Middle East Ltd	100	United Kingdom	Exploration & Production	Ordinary
Enterprise Oil U.K. Ltd	100	United Kingdom	Exploration & Production	Ordinary
Private Oil Holdings Oman Ltd	85	United Kingdom	Exploration & Production	Ordinary
Saxon Oil Miller Ltd	100	United Kingdom	Exploration & Production	Ordinary
Shell EP Offshore Ventures Ltd	100	United Kingdom	Exploration & Production	Ordinary
Shell Exploration and Production Oman Ltd	100	United Kingdom	Exploration & Production	Ordinary
Shell Property Company Ltd	100	United Kingdom	Exploration & Production	Ordinary
Shell U.K. Ltd	100	United Kingdom	Exploration & Production	Ordinary
Shell Ventures New Zealand Ltd	100	United Kingdom	Exploration & Production	Ordinary
The Mexican Eagle Oil Company Ltd	100	United Kingdom	Exploration & Production	Ordinary
The Shell Petroleum Company Ltd	100	United Kingdom	Exploration & Production	Ordinary
Arman Oil Company	100	United States of America	Exploration & Production	Ordinary
Pecten Brazil Exploration Company	100	United States of America	Exploration & Production	Ordinary
Pecten Cameroon Company LLC	80	United States of America	Exploration & Production	Ordinary
Pecten Victoria Company	100	United States of America	Exploration & Production	Ordinary
Shell Exploration & Production Company	100	United States of America	Exploration & Production	Ordinary
Shell Frontier Oil & Gas Inc	100	United States of America	Exploration & Production	Ordinary
Shell Gulf of Mexico Inc	100	United States of America	Exploration & Production	Ordinary
Shell International Pipelines Inc	100	United States of America	Exploration & Production	Ordinary
Shell Offshore Inc	100	United States of America	Exploration & Production	Ordinary, Preference
Shell Oil Company	100	United States of America	Exploration & Production	Ordinary
Shell Philippines LLC	100	United States of America	Exploration & Production	Equity
SWEPI LP	100	United States of America	Exploration & Production	Partnership capital
Shell Development (Australia) PTY Ltd	100	Australia	Gas & Power	Ordinary
Shell Western Supply & Trading Ltd	100	Barbados	Gas & Power	Nominative
Qatar Shell GTL Ltd	100	Bermuda	Gas & Power	Ordinary
Shell Bermuda (Overseas) Ltd	100	Bermuda	Gas & Power	Ordinary
Shell International Trading Middle East Ltd	100	Bermuda	Gas & Power	Ordinary
Shell Overseas Holdings (Oman) Ltd	100	Bermuda	Gas & Power	Ordinary
Shell Energy North America (Canada) Inc	100	Canada	Gas & Power	Ordinary, Preference
Shell Energy Deutschland GmbH	100	Germany	Gas & Power	Equity
Shell Erneuerbare Energien GmbH	100	Germany	Gas & Power	Ordinary
Shell Ferngasbeteiligungsgesellschaft mbH	100	Germany	Gas & Power	Ordinary
Sarawak Shell Berhad	100	Malaysia	Gas & Power	Ordinary
Shell Malaysia Trading Sendirian Berhad	100	Malaysia	Gas & Power	Ordinary
Shell MDS (Malaysia) Sendirian Berhad	72	Malaysia	Gas & Power	Redeemable Preference, Ordinary
Shell Nigeria Gas Ltd	100	Nigeria	Gas & Power	Ordinary

E3  Shell Annual Report and Form 20-F 2008

EXHIBITS

		Country
Subsidiary undertaking	%	of incorporation	Principal activities	Class of shares held
Shell Eastern Trading (PTE) Ltd	100	Singapore	Gas & Power	Redeemable Preference, Ordinary
Shell Tankers (Singapore) Private Ltd	100	Singapore	Gas & Power	Ordinary
Shell Energy Europe B.V.	100	the Netherlands	Gas & Power	Ordinary
Shell Gas B.V.	100	the Netherlands	Gas & Power	Ordinary
Shell Generating (Holding) B.V.	100	the Netherlands	Gas & Power	Ordinary
Shell Trading Rotterdam B.V.	100	the Netherlands	Gas & Power	Ordinary
Shell Western LNG B.V.	100	the Netherlands	Gas & Power	Ordinary
Shell Energy Trading Ltd	100	United Kingdom	Gas & Power	Ordinary
Shell Gas Holdings (Malaysia) Ltd	100	United Kingdom	Gas & Power	Redeemable Preference, Ordinary
Shell International Trading and Shipping Company Ltd	100	United Kingdom	Gas & Power	Ordinary
Shell Tankers (UK) Ltd	100	United Kingdom	Gas & Power	Ordinary
Shell Trading International Ltd	100	United Kingdom	Gas & Power	Ordinary
Shell Energy North America (US) L.P.	100	United States of America	Gas & Power	Partnership capital
Shell Trading (US) Company	100	United States of America	Gas & Power	Ordinary
Shell Trading North America Company	100	United States of America	Gas & Power	Ordinary
Shell Windenergy Inc	100	United States of America	Gas & Power	Ordinary
Shell Canada Ltd	100	Canada	Oil Sands	Ordinary
Shell Compania Argentina de Petroleo S.A.	100	Argentina	Oil Products	Nominative
Shell Australia Ltd	100	Australia	Oil Products	Ordinary
The Shell Company of Australia Ltd	100	Australia	Oil Products	Ordinary
Belgian Shell S.A.	100	Belgium	Oil Products	Ordinary
Shell Saudi Arabia (Refining) Ltd	100	Bermuda	Oil Products	Ordinary
Shell Brasil Ltda	100	Brazil	Oil Products	Quotas
Shell Canada Products	100	Canada	Oil Products	Ordinary
Shell Chile Sociedad Anonima Comercial e Industrial	100	Chile	Oil Products	Ordinary
Shell Czech Republic Akciova Spolecnost	100	Czech Republic	Oil Products	Ordinary
Butagaz SAS	100	France	Oil Products	Ordinary
Compagnie Rhenane de Raffinage S.A.	100	France	Oil Products	Ordinary
Couronnaise de Raffinage SAS	100	France	Oil Products	Ordinary
Europe Service Restauration S.A.	100	France	Oil Products	Ordinary
J.P. Industrie SAS	100	France	Oil Products	Ordinary
STE d’ Exploitation de Stations-Service d’Autoroutes	100	France	Oil Products	Ordinary
STE des Petroles Shell SAS	100	France	Oil Products	Ordinary
Deutsche Shell GmbH	100	Germany	Oil Products	Ordinary
Deutsche Shell Holding Gmbh	100	Germany	Oil Products	Ordinary
Shell Direct GmbH	100	Germany	Oil Products	Ordinary
Shell Hellas A.E.	100	Greece	Oil Products	Nominative
Shell Hong Kong Ltd	100	Hong Kong	Oil Products	Ordinary
Shell India Markets Private Ltd	100	India	Oil Products	Equity
Shell Luxembourgeoise SARL	100	Luxembourg	Oil Products	Ordinary
Shell Refining Co (Federation of Malaya) Berhad	51	Malaysia	Oil Products	Ordinary
Pennzoil Products International Company	100	Mauritius	Oil Products	Equity
Shell New Zealand Holding company Ltd	100	New Zealand	Oil Products	Ordinary

Shell Annual Report and Form 20-F 2008  E4

EXHIBITS

		Country
Subsidiary undertaking	%	of incorporation	Principal activities	Class of shares held
Shell New Zealand Ltd	100	New Zealand	Oil Products	Ordinary
Shell Pakistan Ltd	76	Pakistan	Oil Products	Ordinary
Pilipinas Shell Petroleum Corporation	67	Philippines	Oil Products	Ordinary
Shell Polska SP. Z O.O.	100	Poland	Oil Products	Ordinary
Asiatic Petroleum Company (Dublin) Ltd	100	Republic of Ireland	Oil Products	Ordinary
Shell Aviation Ireland Ltd	100	Republic of Ireland	Oil Products	Ordinary
Shell Eastern Petroleum (PTE) Ltd	100	Singapore	Oil Products	Redeemable Preference, Ordinary
Shell South Africa Energy (PTY) Ltd	100	South Africa	Oil Products	Ordinary
Shell South Africa Marketing (PTY) Ltd	75	South Africa	Oil Products	Ordinary
Shell Brands International AG	100	Switzerland	Oil Products	Ordinary
Shell Nederland B.V.	100	the Netherlands	Oil Products	Ordinary
Shell Nederland Raffinaderij B.V.	100	the Netherlands	Oil Products	Ordinary
Shell Nederland Verkoopmaatschappij B.V.	100	the Netherlands	Oil Products	Ordinary
Shell Trademark Management B.V.	100	the Netherlands	Oil Products	Ordinary
Tankstation Exploitatie Maatschappij Nederland B.V.	100	the Netherlands	Oil Products	Ordinary
Shell International Petroleum Company Ltd	100	United Kingdom	Oil Products	Ordinary
Shell U.K. Oil Products Ltd	100	United Kingdom	Oil Products	Ordinary
The Shell Company (W.I.) Ltd	100	United Kingdom	Oil Products	Ordinary
The Shell Company of Thailand Ltd	100	United Kingdom	Oil Products	Ordinary
Equilon Enterprises LLC	100	United States of America	Oil Products	Equity
Jiffy Lube International Inc	100	United States of America	Oil Products	Ordinary
Pennzoil-Quaker State Company	100	United States of America	Oil Products	Ordinary
Shell Pipeline Company LP	100	United States of America	Oil Products	Equity
SOPC Holdings East LLC	100	United States of America	Oil Products	Equity
SOPC Holdings West LLC	100	United States of America	Oil Products	Ordinary
TMR Company	100	United States of America	Oil Products	Ordinary
Shell Trading (M.E.) Private Ltd	100	Bermuda	Chemicals	Redeemable Preference, Ordinary
Shell Chemicals Americas Inc	100	Canada	Chemicals	Ordinary
Shell Chemicals Canada Ltd	100	Canada	Chemicals	Ordinary, Preference
Shell Deutschland Oil GmbH	100	Germany	Chemicals	Ordinary
Shell Tongyi (Beijing) Petroleum Chemical Co. Ltd.	75	People’s Republic of China	Chemicals	Ordinary
Shell Tongyi (Xianyang) Petroleum Chemical Co. Ltd	75	People’s Republic of China	Chemicals	Ordinary
Shell Chemical Yabucoa Inc	100	Puerto Rico	Chemicals	Ordinary
Ethylene Glycols (Singapore) Pte. Ltd	70	Singapore	Chemicals	Ordinary
Shell Chemicals Seraya PTE Ltd	100	Singapore	Chemicals	Ordinary
Shell Seraya Pioneer (PTE) Ltd	100	Singapore	Chemicals	Ordinary
Shell Chemicals Europe B.V.	100	the Netherlands	Chemicals	Ordinary
Shell Chemicals Ventures B.V.	100	the Netherlands	Chemicals	Redeemable, Non-Redeemable
Shell International Chemicals B.V.	100	the Netherlands	Chemicals	Ordinary
Shell Nederland Chemie B.V.	100	the Netherlands	Chemicals	Redeemable, Ordinary
Shell Chemicals U.K. Ltd	100	United Kingdom	Chemicals	Ordinary
Shell Chemical LP	100	United States of America	Chemicals	Partnership capital
Shell Chemicals Arabia LLC	100	United States of America	Chemicals	Ordinary

E5  Shell Annual Report and Form 20-F 2008

EXHIBITS

		Country
Subsidiary undertaking	%	of incorporation	Principal activities	Class of shares held
International Energy Bank Ltd	100	Barbados	Corporate	Ordinary
Shell Holdings (Bermuda) Ltd	100	Bermuda	Corporate	Ordinary
Solen Insurance Ltd	100	Bermuda	Corporate	Ordinary
Shell Treasury Hong Kong Ltd	100	Hong Kong	Corporate	Ordinary
Shell Finance Luxembourg SARL	100	Luxembourg	Corporate	Ordinary
Shell Treasury Luxembourg SARL	100	Luxembourg	Corporate	Ordinary
Shell Treasury Centre East (PTE) Ltd	100	Singapore	Corporate	Ordinary
Shell Finance Switzerland AG	100	Switzerland	Corporate	Ordinary
Solen Versicherungen AG	100	Switzerland	Corporate	Registered, Voting
Shell Finance (Netherlands) B.V.	100	the Netherlands	Corporate	Ordinary
Shell International B.V.	100	the Netherlands	Corporate	Ordinary
Shell International Finance B.V.*	100	the Netherlands	Corporate	Ordinary
Shell Overseas Investments B.V.	100	the Netherlands	Corporate	Ordinary
Shell Petroleum N.V.*	100	the Netherlands	Corporate	Ordinary
Shell Treasury Netherlands B.V.	100	the Netherlands	Corporate	Ordinary
Shell Energy Investments Ltd	100	United Kingdom	Corporate	Redeemable, Ordinary
Shell International Investments Ltd	100	United Kingdom	Corporate	Ordinary
Shell Overseas Holdings Ltd	100	United Kingdom	Corporate	Ordinary
Shell Treasury Centre Ltd	100	United Kingdom	Corporate	Ordinary
Shell Treasury Dollar Company Ltd	100	United Kingdom	Corporate	Redeemable, Ordinary
Shell Treasury Euro Company Ltd	100	United Kingdom	Corporate	Redeemable, Ordinary
Shell Treasury UK Ltd	100	United Kingdom	Corporate	Ordinary
The Shell Transport and Trading Company Ltd	100	United Kingdom	Corporate	Ordinary
Shell Petroleum Inc.	100	United States of America	Corporate	Ordinary

Shell Annual Report and Form 20-F 2008  E6