bp to Sell Brazilian and Gulf of Mexico Exploration Assets to Shell

• Thursday, 3rd September 2026
• by Fatma Ahmed

British Petroleum (bp) has agreed to sell stakes in several exploration assets to Shell as part of its strategy to streamline its portfolio and strengthen capital allocation, bp said in a press release. Under the agre...

Shell Expands Investment in Brazil’s Pre-Salt with Gato do Mato Project

• Sunday, 23rd March 2025
• by Fatma Ahmed

Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, announced that it has taken the Final Investment Decision (FID) for Gato do Mato, a deep-water project in the pre-salt area of the Santos Basin, o...

Petrobras Starts Production Operations at Mero Filed in Brazil

• Thursday, 31st October 2024
• by Doaa Ashraf

Petrobras has commenced production operations at the FPSO Marechal Duque de Caxias (Mero 3) in the Mero field, located within the pre-salt Santos Basin, Brazil. This floating production, storage, and offloading (FPSO)...

Petrobras’ Production Decreases in Q2

• Wednesday, 22nd July 2020
• by Editorial Team

Brazil’s state-run oil company, Petrobras, has published its Q2 2020 results, indicating a slow down in production compared to Q1, according to a press release.    The slowdown in production can be attributed to compl...