Shell is a global group of energy and petrochemical companies, which main aim is to meet the energy needs of society, in ways that are economically, socially and environmentally viable. The company uses advanced technologies and takes an innovative approach to help build a sustainable energy future.
Our investments in Brazil
In 2013, Shell celebrated its first centennial in Brazil. The company considers the country an important area and actively looks for opportunities locally. Shell’s participation in the consortium of the Libra field, one of the largest oil discoveries worldwide in recent years, adds to an already significant investment portfolio in Brazil, both in Upstream and Downstream.
Shell's activities in Brazil include oil and gas exploration and production, natural gas distribution, marine, lubricants and the joint venture Raízen. Through this joint venture, Shell is investing in ethanol and sugar production, power generation, and fuel supply and distribution for retail and commercial markets.
In August 2003, Shell became the first international oil company to produce oil on a commercial scale at the Campos Basin, in Brazil, after the market was opened for private investment. Currently, in addition to its involvement in seven concessions, Shell has two FPSOs (Floating Production, Storage and Offloading vessels) in operation in the Campos Basin: FPSO Espírito Santo, at the Parque das Conchas field, and FPSO Fluminense, at the Bijupirá and Salema fields.
In 2013, Shell announced a successful bid for Libra, a giant field in deep water Brazil. A consortium of companies, including Royal Dutch Shell, Petrobras, Total, CNPC and CNOOC, will work together in an integrated fashion, and will incorporate each company’s deep water skills, people and technology for the success of the venture.
Access Shell Brasil website and find out more about the company’s businesses and investments in Brazil.