# Tag: upstream oil and gas

- [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.