Shell expects to decide on sanctioning Gato do Mato, its biggest new Brazilian offshore project, within the next three months — after re-evaluating its viability in the light of supply constraints and rising costs in recent months.
Shell mulling SURF bids for Gato do Mato as Brazil project edges towards sanction
Evaluation of costs for the Gato do Mato project has been affected by supply-chain constraints and price fluctuations
29 September 2022 1:53 GMT
Updated
5 October 2022 15:25 GMT
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in
Rio de Janeiro