Shell and Constellation Meet to Discuss the Oil and Gas Market in Brazil

Written by Paulo Nogueira

Published on 31/05/2019 at 13:30

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With High Expectations for the Brazilian Offshore Exploration and Production Market, the Two Companies Strengthen Their Partnerships and Discuss Their Projects for the Coming Years

André Araújo, President of Shell Brazil, was with Constellation Oil Services on Thursday (30) to discuss matters related to the oil and gas sector, new projects, and partnerships for potential exploration campaigns.

As Shell stated earlier this month, it will invest at least US$ 2 billion annually in Brazil until 2025, but if the upcoming oil auctions are successful, this amount could increase.
Constellation is leading an ongoing bid with Petrobras for the chartering of the Alpha Star rig, in addition to other drilling projects.

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“We were pleased to host Mr. André Araújo, President of Shell Brazil, yesterday, who shared Shell’s expectations for the exploration and production market.

We understand Brazil’s role as one of the key oil and gas markets for the coming years, and we are proud to work as a leading partner alongside Shell in important exploratory and development campaigns in the country.

Constellation highly values the partnerships it builds in its working relationships, which are essential for the excellence of our results.” Constellation stated today.

Shell and Constellation Meet to Discuss the Oil and Gas Market in Brazil

With High Expectations for the Brazilian Offshore Exploration and Production Market, the Two Companies Strengthen Their Partnerships and Discuss Their Projects for the Coming Years

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