| Rio de Janeiro – Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, 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% of Atapu Open Acreage (0.95% of the unit) and 20% of Mero Open Acreage (3.5% of the unit). With this acquisition, Shell Brasil increased its participating interest in the units from 16.663% to 16.917% in Atapu and from 19.3% to 20% in Mero. Both projects are located in the offshore Santos Basin. |
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