Adriaan Stoop (1931)
18 October 1856|
|Died||7 September 1935
|Education||Mining degree, Delft University, 1878|
|Occupation||Mining engineer, oil explorer|
|Spouse(s)||Willemina Bernardina van Deventer (1880–1934)|
Life and career
Stoop was born in Dordrecht. He graduated from Delft University with a mining degree in 1878, was posted to the Department of Mines and arrived in the Dutch East Indies, now Indonesia, shortly thereafter.
Realizing he knew little about oil exploration, Stoop requested paid leave for a study trip to the United States. Although the American oil industry, afraid of new competition in Asia, refused to see him, Stoop was still able to collect essential new information on the latest American drilling techniques. His report became the "bible" for oil drilling technology in the Dutch East Indies. Stoop proposed that the Dutch colonial government should start a state petroleum enterprise, but the idea was rejected. Stoop then requested three years leave of absence so he could initiate oil exploration at his own risk. Stoop "was a man above average, a forceful personality in a delicate frame; able, matter-of-fact and self-disciplined; a silent man, his mind only revealed itself in sparks of keen humor."
Stoop acquired one of the first oil concessions in Indonesia in 1886 and with money from friends and family in 1887—as Gerretson puts it, 50,000 Dutch guilders "from head-shaking relatives"—he founded the Dordtsche Petroleum Maatschappij. Within a year, he had a "spouter." Production increased steadily and he had a ready home market on the island of Java. He introduced gasoline street lighting to several large cities on Java in the 1890s. "If the Royal Dutch relied upon distribution for its strength, the Dordtsche excelled in manufacture." In 1896, Stoop returned to the Netherlands and sold shares in the company to the public, becoming very wealthy. He had held all 350 shares in the company, and converted each into 14,900 guilders in cash and 20,000 guilders in ordinary shares. Thus he yielded more than 5 million guilders in cash and 7 million guilders in shares from the initial investment just ten years earlier.
However, in order to stay competitive the company would have needed to expand its sales territory beyond Java and this would have required an enormous investment in ships and unloading supplies. By 1910, the Dordtsche was the last independent producer on Java and rumors spread that Royal Dutch Shell's main rival, Standard Oil, would buy it. But in the end Stoop merged his enterprise with the Royal Dutch Shell through an exchange of stock in 1911. (One of his daughters, Bep, also married one of the sons, Geldolph Adriaan Kessler, of the primary builder of the Royal Dutch company.)
While prospecting for oil in Bavaria, Germany in the early 1900s, Stoop discovered instead thermal water containing high levels of sulfur and iodine. German specialists thought this water would have health promoting properties and this led to creation of a spa at Bad Wiessee that exists to this day. Stoop also built his vacation home Jungbrunnen there.
Stoop died in Bloemendaal.
References and sources
- Poley 2000, p. 103.
- Poley 2000, p. 103.
- Poley 2000, p. 105.
- Gerretson 1953, pp. 202, Vol. 2.
- Gerretson 1953, pp. 205, Vol. 2.
- Gerretson 1953, pp. 221, Vol. 2.
- Gerretson 1953, pp. 218, Vol. 2.
- Gerretson 1953, pp. 227, Vol. 2.
- Jonker 2007, p. 124, Vol. 1.
- Jonker 2007, p. 357, Vol. 1.
- History of Bad Wiessee
- Poley, J. Ph. (2000). Eroica: The Quest for Oil in Indonesia. Kluwer Academic Publishers. ISBN 0-7923-6222-5.
- Gerretson, F.C. (1953). History of the Royal Dutch [Original Dutch title: Geschiedenis der Koninklijke]. E.J. Brill.
- de Clercq, Daan; Saskia Everts; Michaja Langelaan; Ellen Stoop; Jet van Voorst Vader-Duyckinck Sander (2010). From a Source of Wealth: The Lives of the Stoop Heirs [Original Dutch title: Uit Een Bron van Weelde: Het leven van de Erven Stoop]. Stichting Stoop-van Deventer.
- van Voorst Vader-Duyckinck Sander, Jet (1994). Live and Let Live: A biography of Adriaan Stoop 1856-1835 [Original Dutch title: Leven en laten leven: een biografie van ir. Adriaan Stoop 1856-1835]. Schuyt & Co (Harleem).
- Zanden, Jan Luiten van; Joost Jonker; Stephen Howarth; Keetie Sluyterman (2007). A History of Royal Dutch Shell. Oxford University Press. ISBN 978-0-19-929877-8.