Shell Brasil, Petrobras increase stake in Brazil’s pre-salt oil projects
Petrobras and Shell have increased their participation in Brazil’s Atapu and Mero pre-salt reservoirs.
05 December 2025
05 December 2025
Petrobras and Shell have increased their participation in Brazil’s Atapu and Mero pre-salt reservoirs.
The well encountered hydrocarbons in the Realgrunnen and Kobbe formations, with estimated gross recoverable resources of up to 5mboe.
Eni will supply 800,000tpa of LNG to Gulf Development for ten years, with deliveries set to begin in 2027.
Navitas will pay Eco Atlantic $2m (NIS8.73m) for exclusive farm-in options at both the Orinduik and Block 1 CBK assets.
With reserves of 36mbbl of oil, the Verdande field development is set to extend Norne’s output beyond 2030.
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