First oil from Parque das Conchas

SHELL and its partners have started production from the second development phase of the Parque das Chonchas project, also known as BC-10, off Brazil's southeast coast.

The BC project - of which Shell has 50%, Petrobras 35% and ONGC 15% - is comprised of several subsea fields tied back to floating production, storage and offloading vessel Espirito Santo.