Shell Attains Break-even costs of $30-$35 per Barrel in Brazil

Tuesday, October 16, 2018

Royal Dutch Shell, Brazil's No. 2 oil producer, has attained break-even costs of $30-$35 per barrel in the South American country, its Brazil manager Andre Araujo said on Tuesday.


(Reporting by Alexandra Alper; Editing by Bernadette Baum)

Categories: South America Finance

Related Stories

Conrad, Empyrean Agree Settlement Framework Over Duyung PSC Interests

Inpex Moves to Accelerate Indonesia’s Abadi LNG Project

Seadrill Firms Up Offshore Drilling Workload with Multi-Region Contract Awards

Philippines Makes First Offshore Gas Discovery in Over a Decade

Fugro, PTSC G&S Extend Partnership for Vietnam's Offshore Wind Push

Viridien Kicks Off Multi-Client Reimaging Program off Malaysia

Jereh Group Delivers Oil Separation Systems for Petrobras’ FPSO Units

Low Demand, High Supply Keeps Asia LNG Spot Prices Flat

Petrobras’ New FPSO Sets Sail From South Korea to Brazil's Santos Basin

MODEC Ramps Up Hammerhead FPSO Work After ExxonMobil's Go-Ahead

Current News

Conrad, Empyrean Agree Settlement Framework Over Duyung PSC Interests

Northern Offshore’s Energy Emerger Rig Up for Drilling Job off Oman

Petronas Plans Ramp-Up in Exploration, Production Over Three Years

Australia and Timor-Leste Push to Advance Greater Sunrise Gas Field

MODEC, Eld Energy Partnership Targets Low-Carbon FPSO Power

JERA Lifts First LNG Cargo From Barossa Gas Project in Australia

Inpex Moves to Accelerate Indonesia’s Abadi LNG Project

Chevron in Final Talks with Eneos, Glencore on Singapore Assets Sale

Seadrill Firms Up Offshore Drilling Workload with Multi-Region Contract Awards

Turkish Petroleum, Chevron Discuss Joint Oil and Gas Exploration

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com