Shell Signs PSC to Acquire 25% of Atapu Field
Shell Brasil Petróleo Ltda.(Shell Brasil), a subsidiary of Shell plc, has signed the Production Sharing Contract (PSC) with Petrobras to acquire 25 % stake of the Atapu field.
Shell Brasil Petróleo Ltda.(Shell Brasil), a subsidiary of Shell plc, has signed the Production Sharing Contract (PSC) with Petrobras to acquire 25 % stake of the Atapu field.
Petrobras (PETR4.SA) announced on Wednesday that it has received 5.26 billion reais ($1.12 billion) in compensation from Shell (SHEL.L) for the latter's 25% ownership in the Atapu oil block.
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