Shell Brasil expands participation in Mero and Atapu pre-salt fields

Pré-Sal Petróleo S.A. (PPSA) is a Brazilian state-owned company responsible for managing the Union's interests in pre-salt oil and gas fields under the production sharing regime. Headquartered in Rio de Janeiro, Brazil, it oversees 19 production sharing contracts, commercializing the government's share of oil and natural gas.

Shell Brasil is a major energy company in Brazil, primarily focused on oil and gas exploration and production, particularly in deepwater pre-salt. In line with Shell's global strategy, it is increasingly investing in renewable energy projects (solar, wind), biofuels through its Raízen joint venture, and expanding its EV charging infrastructure as part of the energy transition.

Petrobras is a Brazilian state-owned oil and gas major involved in the exploration, production, refining, and distribution of petroleum, natural gas, and derivatives. With a significant presence across Brazil, the company is actively expanding its focus on energy transition initiatives, including renewable fuels and nature-based solutions.