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Planning to complete the energy transition to renewable sources, Shell declared that it intends to explore until the last drop of oil in Brazil and end its exploration here
Present for 110 years on Brazilian soil, Shell declared that it intends to explore on its platforms “up to the last drop of oil” on Brazilian soil, in addition to planning to complete the energy transition to renewable sources, according to the Broadcast website.
To conclude this company's planning, the president of Shell in Brazil, Cristiano Pinto da Costa, intends to accelerate licenses for investments in oil and gas exploration platforms, in addition to also accelerating the process of the regulatory framework for offshore wind energy.
According to the president of Shell, Brazil is a priority country for the oil company. In charge of Shell since August 2022, Pinto da Costa has an 18-year career at the company, even working at its headquarters in London, before returning to Brazil in 2018.
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According to the executive: “Shell continues to have a lot of investment in the fields where it operates (in Brazil), in addition to new production units. E&P (exploration and production) is still and will continue to be the company's flagship in Brazil, but we are taking concrete steps to open new business fronts, in line with our group's strategy of already preparing for the energy transition”.
Shell platform ships
Today, Shell has 14 platform ships in operation and another 3 planned to be activated in the future. The plan is to own 20 oil platform units by the end of the decade, declares the president of Shell.
Shell is now the largest private oil producer in Brazil, with an average production of 400 barrels per day. There has already been a record 448 barrels per day in 2022 on Oct. The oil company has not missed any auction in Brazil since 9, the year of oil and gas exploration tenders.
In the list of 32 countries where Shell produces oil, in addition to Brazil, are Brunei, United States, Mexico, United Kingdom, Nigeria, Kazakhstan, Oman and Malaysia.
According to the evaluation of the president of Shell: “When there is a concentration of the number of countries, the percentage per country will rise. So, proportionately, it is capable of making that happen”.
Shell oil platforms in the future
According to Pinto da Costa, Shell's focus is to continue exploring on its platforms in the Campos and Santos basins, where it already has scheduled drilling.
According to him: “Within Brazil, there is still exploratory potential in Campos and Santos, but the country will have to start looking at other basins because it is becoming clear to everyone that the potential of Santos and Campos is reaching its limit” .
