Royal Dutch Shell interested in acquiring deep water oil assets Petrobras may sell
Royal Dutch Shell would be interested in acquiring any deep-water oil fields Petrobras may sell, Shell's CEO said in a conference call on Wednesday, reporting the Dutch giant's quarterly results.
If Shell's purchase of UK oil company BG Group goes through, Shell would be the largest oil company in Brazil.
"If you look at the exposure that the combined company will have by the end of the decade to Brazil, it's going to be of course significantly higher than what we have today but in my mind it is going to be low enough for us to have appetite for more, especially considering again the tremendous attractiveness that sits in that resource base," said Chief Executive Officer Ben van Beurden in a transcript of the conference call.
"We have indeed things worth to be offered up in Brazil, in areas that [we] understand, we would only look at it with keen interest but of course it would have to be of the right value for us to consider it," said van Beurden.