Shell Brasil Petróleo (Shell Brasil), a subsidiary of Shell, has secured additional equity in Brazil’s pre-salt oil projects following an auction led by Pré-Sal Petróleo.
Together with
Petrobras, Shell Brasil deepened its stake in Atapu and Mero units, acquiring
26.76 per cent of Atapu Open Acreage (0.95 per cent of the unit) and 20 per
cent of Mero Open Acreage (3.5 per cent of the unit).
With this acquisition,
Shell Brasil increased its participating interest in the units from 16.663 per
cent to 16.917 per cent in Atapu and from 19.3 per cent to 20 per cent in Mero.
Both projects are
located in the offshore Santos Basin. -OGN/TradeArabia News Service
