Royal Dutch Shell plc and Petroleo Brasileiro SA (Petrobras) has signed a memorandum of understanding (MoU) to establish a long-term mutual collaboration in developing pre-salt fields in Brazil.
In true partnership spirit between two of the world’s largest energy companies, Shell will benefit from technical solutions, contract management expertise and cost-efficient initiatives Petrobras applies to Brazil’s pre-and post-salt projects. Shell will share with Petrobras its global deep-water experience, especially on cost efficiency efforts and use of technology.
The document was signed by Shell CEO Ben Van Beurden and Petrobras CEO Pedro Parente.
The MoU also involves sharing best practices and learnings on safety and governance management, technical and operational solutions, contract management, logistics, wells construction and air transportation safety.
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