Crude Oil Prices

Shell Lifts Stakes in Atapu and Mero to Deepen Brazil Pre-Salt Position

Shell has expanded its long-term footprint in Brazil’s prolific pre-salt sector, raising its ownership stakes in the Atapu and Mero fields after securing additional equity in an auction led by ...
Nasdaq

Shell & Petrobras Expand Equity in Brazil's Two Pre-Salt Fields

Under the auction, Shell Brasil acquired 26.76% of Atapu Open Acreage and 20% of Mero Open Acreage, marginally increasing its overall interests to 16.917% in Atapu and 20% in Mero. The winning bids of ...
Oil

Petrobras, Shell consortium adds to existing offshore Brazil presalt interests

Petrobras and Shell acquired additional interest in two presalt oil projects offshore Brazil following an auction led by Pré-Sal Petróleo SA. Petróleo Brasileiro SA (Petrobras) and Shell Brasil ...
Nasdaq

Shell Strengthens Brazil Energy Strategy With New Santos Basin Blocks

Shell plc’s SHEL Brazil affiliate has taken another decisive step in strengthening its offshore portfolio by signing contracts for four new exploration blocks in the Santos Basin. These assets, ...