Chaired by the president of the Chamber of Deputies, Rodrigo Maia, the discussion about the end of the production sharing model, the president of Shell in Brazil, André Araújo, argued that the offer of geologically attractive areas and fiscal conditions are the main pillars for an attractive regulatory framework for oil companies. Araújo spoke exclusively with E & P Brasil and said that Brazil is an attractive country today.
“The model in place is a consequence. The models are different, but we are used to working with sharing and leasing in different parts of the world, “said the Shell president.
In Brazil, after the pre-salt auctions held on September 27, Shell became the operator of areas in the pre-salt production-sharing model, previously restricted to Petrobras. The company has already operated areas in the concession model since the opening of the sector and the end of the oil monopoly.
Shell is now the second largest oil producer in terms of production in the country, behind only to Petrobras. According to ANP data, the company – which is a partner in several pre-salt projects – produced in September 319 thousand barrels per day of oil and 11.9 million cubic meters per day of natural gas. The company operates two FPSOs in Brazil and is a partner in another 10 FPSOs, operated by Petrobras.