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Petrobras and Shell to look for joint drilling opportunities

Friday, March 10 2023

Fossil Energy – Drilling Opportunities

Petrobras and Shell will work together to identify potential opportunities to explore for and produce crude and natural gas, Petrobras said on Thursday.

Reuters

Under a Memorandum of Understanding signed by the companies, Petrobras and Shell will focus on exploration opportunities inside and outside the country’s offshore pre-salt fields, a key oil-bearing area off the coast of south-eastern Brazil.

“The companies will work together to identify potential upstream business opportunities, sharing experiences and best practices in carbon emissions reduction and socio-environmental initiatives,” the Brazilian firm said in a securities filing.

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Filed Under: Drilling, International News, MoU, Petrobras, Shell Tagged With: drilling, MOU, Petrobras, Shell


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