# Tag: Deepwater

- [Shell Brings KUFPEC Into Brazil’s Orca Project in Pre-Salt Portfolio Reset](https://brazilstockguide.com/insights/shell-brings-kufpec-into-brazils-orca-project-in-pre-salt-portfolio-reset/) (2026-02-03): Deal sells 20% stake to Kuwait arm while keeping Shell as operator and largest foreign producer in Brazil.
- [Shell Expands Deepwater Footprint in Santos Basin With New Concessions](https://brazilstockguide.com/insights/shell-santos-basin-concessions-2025/) (2025-11-26): Company secures four exploration blocks with 100% operating stake, boosting long-term Brazil portfolio.