Shell says to start new exploration phase in BC-10 Brazil field

martes 8 de marzo de 2016 09:09 GYT

RIO DE JANEIRO, March 8 (Reuters) - Royal Dutch Shell will start in coming days a new exploration phase in the BC-10 project off the coast of Brazil, where it has already invested more than $1 billion, the company's chief executive in the country said in a presentation.

Shell wants to keep investing in Brazil as the country has viable oil reserves despite recent market uncertainties, Shell Brazil CEO Andre Araujo said. (Reporting by Rodrigo Viga Gaier; Writing by Silvio Cascione)