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flag Shell commits to Brazil's Gato do Mato oil project, targeting 120,000 barrels daily by 2029.

flag Shell has made the final decision to invest in the Gato do Mato deepwater oil project offshore Brazil, aiming to produce up to 120,000 barrels of oil daily by 2029. flag The project, led by Shell with a 50% stake, includes partners Ecopetrol and TotalEnergies, and is set to use a floating vessel for production and storage. flag The consortium estimates recoverable resources of about 370 million barrels.

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