BP sells 50% of Tupinambá Block in Brazil's pre-salt to Shell
Type: Sale · Technology: Oil Gas · Country: Brazil · Announced: 2026-09-02
BP has entered into an agreement with Shell for the acquisition of a 50% stake in the Tupinambá Block, located in the pre-salt region of the Santos Basin. BP currently holds 100% ownership of the asset and is expected to continue operating the block following Shell's entry as a partner. The transaction is subject to regulatory approval and has been filed accordingly. This deal signifies a material partnership in one of Brazil's key offshore oil and gas exploration areas.
Counterparties
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