Shell Invests in Brazil

Royal Dutch/Shell will invest $200 million in Brazil in 2006, said Shell’s president in Brazil Vasco Dias. Dias said Shell’s investments in the country are likely to increase in the next few years as the company launches production in a new field in the Campos basin. The BC-10 block, as the field is called, is estimated to hold between 200 and 300 million barrels of heavy crude.