Shell Offshore Inc., a subsidiary of Shell plc, has made a final investment decision (FID) for Sparta, a deepwater development in the U.S. Gulf of Mexico that represents our competitive approach to simplifying and replicating projects.
The ANP is offering a total of 602 oil blocks that span areas on land in the Amazon basin to deepwater regions in northeastern and southern Brazil under concession contracts, with minimum signing bonuses totaling 259 million reais ($52 million).