London-based Shell has announced a new country manager to handle its operations in Brazil.
Andre Araujo has decided to retire after 12 years at the helm of the company in Brazil and following a 38-year career at Shell.
He will be replaced by Cristiano Pinto da Costa, currently Shell Brazil executive vice president. Pinto da Costa is due to take over the reins at the company in the South American nation on 1 August.
Pinto da Costa has a degree in chemical engineering from Rio de Janeiro’s Federal University and a Master of Business Administration from the Cranfield School of Management in the UK.
Brazil is one of the most important countries to Shell's upstream portfolio, and the supermajor has the second largest net production in the pre-salt fields, behind Petrobras.
In April, Shell produced a net 340,900 barrels per day of oil and 15.7 million cubic metres per day of natural gas in Brazil, mainly from its working interests at Petrobras-operated fields including Tupi, Sapinhoa, Mero, Berbigao and Sururu.
Shell operates two fields in Brazil, Parque das Conchas and Bijupira-Salema, and is close to sanctioning its first operated pre-salt project — the Gato do Mato development.