Shell Boosts Stake in Brazil's Atapu and Mero Oil Projects
ByAinvest
Thursday, Dec 4, 2025 11:42 am ET1min read
SHEL--
Shell's Brazilian subsidiary has increased its participation in the Atapu and Mero offshore oil projects. Shell Brasil's interest in Atapu rose from 16.663% to 16.917%, and in Mero from 19.3% to 20%. The investment will strengthen Shell's position and help it achieve its goal of producing 1.4 million barrels of oil and gas liquids per day by 2030. The increased work interest will take effect from 2027. Shell is the second largest oil and gas producer in Brazil, behind Petrobras.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet