Shell Brazil CEO: Daily production hits record high, Middle East conflict makes Brazilian oil more attractive
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格隆汇 March 3｜Cristiano Pinto, CEO of Shell Brazil, stated that the company reached a record daily production of 496,000 barrels of oil equivalent in Brazil on February 24. He revealed that the company may drill an exploration well in the southern Santos Basin within the next 12 to 24 months. He pointed out that the Middle East conflict has made Brazilian oil more attractive, and the increased transportation costs caused by the conflict may affect the Brazilian oil market.
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