2019: The Year of Shell's Expansion in Brazil

2019: The Year of Shell’s Expansion in Brazil

Written by Renato Oliveira

Published on 21/03/2019 at 10:30

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After the Investment Period in Acquisitions, It’s Time for a New Exploration Cycle for Shell in Brazil, Full of Business Expansion Opportunities

Selling the past two years investing in asset purchases, Shell spent about R$ 2.17 billion. Therefore, the time has come to drill the newly acquired wells in the Pre-Salt.
The year 2019 marks the beginning of a new cycle for the company, a stage that will generate many new opportunities for the company to expand its business in Brazil and consequently create jobs here.

As proof of its business expansion, the company announced in February, its entry into the energy sector with the acquisition of 29.9% in the consortium responsible for the construction of the Marlim Azul gas thermal power plant (565 megawatts) in Macaé (RJ), along with Pátria Investimentos and Mitsubishi.
The thermal power plant was designed to use natural gas sourced from Shell’s fields in the Pre-Salt, but the company is not satisfied and is already exploring other acquisition opportunities in the gas market and the upcoming auctions from ANP.

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Only Behind Petrobras

Only outdone by Petrobras, Shell is the second-largest oil and gas producer in the country, with production around 330,000 barrels/day of oil and 13 million cubic meters of natural gas daily.
According to its president, energy generation is not the only destination for the gas produced by the company; he wants to explore new markets, such as use in heavy-duty vehicles, injection into pipelines, and even working together with distributors to enhance the dynamics of the gas market in the country.

Today, Shell is one of the top favorites in the upcoming bidding rounds that will take place this year, and why not even include the (most anticipated) auction of the surplus from the onerous assignment.

The Construction of the Thermal Power Plant in Macaé by the Consortium of the Company with Mitsubishi is Already Preparing the Ground in Macaé! Learn More Here!

2019: The Year of Shell’s Expansion in Brazil

After the Investment Period in Acquisitions, It’s Time for a New Exploration Cycle for Shell in Brazil, Full of Business Expansion Opportunities

Only Behind Petrobras

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

Australia prepares to dredge 96.5 million m³ in Moreton Bay to deepen, widen, and realign channels of the Port of Brisbane, in a project of up to 25 years designed to accommodate larger ships and enhance maritime safety and regional port efficiency.

Cristiano Ronaldo builds a billion-dollar mansion in Portugal with 54,000 square feet, a 3-acre plot facing the Atlantic, private spa, indoor and outdoor pools, and an estimated value of an impressive R$ 385 million.

Larger than the Toyota Hilux and with a towing capacity of 3.5 tons, the new MG U9 2026 features a 2.5 turbodiesel engine, 520 Nm, 4×4 traction with three locks, and an almost full-size build.

While Brazil has been discussing the Maracanã renovation for 25 years and struggles to keep the Arena MorumBis open, Abu Dhabi signs a $1.7 billion deal to build the world’s second Sphere on an artificial island, with 20,000 seats, by 2029.

Supermarket giant buys 12 stores, Distribution Center, and two chains and accelerates expansion

Brazil erects a digital wall along 16,886 km of borders with 10 countries, using sensors, radars, military communications, and the Army’s decision-making system to protect one of the largest land stretches on the planet and showcase the technological strength of national defense.

For the first time in history, a submarine cable will descend to four thousand meters deep under the ice of the North Pole to ensure that the internet between Europe and Asia no longer depends on conflict zones in the Middle East.

While the world discusses geopolitics, China is quietly closing a deal with its Kazakh neighbor to secure grain supplies during any global food crisis, with more than 3,600 Kazakh companies already able to export directly to the Chinese market.

2019: The Year of Shell’s Expansion in Brazil

After the Investment Period in Acquisitions, It’s Time for a New Exploration Cycle for Shell in Brazil, Full of Business Expansion Opportunities

Only Behind Petrobras

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

Australia prepares to dredge 96.5 million m³ in Moreton Bay to deepen, widen, and realign channels of the Port of Brisbane, in a project of up to 25 years designed to accommodate larger ships and enhance maritime safety and regional port efficiency.

Cristiano Ronaldo builds a billion-dollar mansion in Portugal with 54,000 square feet, a 3-acre plot facing the Atlantic, private spa, indoor and outdoor pools, and an estimated value of an impressive R$ 385 million.

Larger than the Toyota Hilux and with a towing capacity of 3.5 tons, the new MG U9 2026 features a 2.5 turbodiesel engine, 520 Nm, 4×4 traction with three locks, and an almost full-size build.

Taller than the Statue of Liberty, thousands of wind turbines are being planted in the middle of U.S. fields, creating two-story farms where corn and soybeans grow below while the wind turns into electricity above.

Volkswagen trucks hit the track in a comparison between the Meteor 29.530, designed for operations up to 74 tons, and the Constellation 20.480, which relies on 480 horsepower for those seeking robustness in a 4×2 tractor unit.

Volkswagen trucks hit the track in a comparison between the Meteor 29.530, designed for operations up to 74 tons, and the Constellation 20.480, which relies on 480 horsepower for those seeking robustness in a 4×2 tractor unit.

Lula government releases R$ 1.16 billion through the New PAC to renew public transportation in Brazil with 727 buses in cities of São Paulo, Pernambuco, Minas, Rio, and other states, including electric and less polluting models.

Lula government releases R$ 1.16 billion through the New PAC to renew public transportation in Brazil with 727 buses in cities of São Paulo, Pernambuco, Minas, Rio, and other states, including electric and less polluting models.

While Brazil has been discussing the Maracanã renovation for 25 years and struggles to keep the Arena MorumBis open, Abu Dhabi signs a $1.7 billion deal to build the world’s second Sphere on an artificial island, with 20,000 seats, by 2029.

Supermarket giant buys 12 stores, Distribution Center, and two chains and accelerates expansion

Brazil erects a digital wall along 16,886 km of borders with 10 countries, using sensors, radars, military communications, and the Army’s decision-making system to protect one of the largest land stretches on the planet and showcase the technological strength of national defense.

For the first time in history, a submarine cable will descend to four thousand meters deep under the ice of the North Pole to ensure that the internet between Europe and Asia no longer depends on conflict zones in the Middle East.

While the world discusses geopolitics, China is quietly closing a deal with its Kazakh neighbor to secure grain supplies during any global food crisis, with more than 3,600 Kazakh companies already able to export directly to the Chinese market.