Shell has struck a deal to offload a minor interest in an oil and gas development off the coast of Brazil to Energy Development Corporation (EDC), an affiliate of Kuwait Foreign Petroleum Exploration Company (KUFPEC), which is a subsidiary of Kuwait Petroleum Corporation (KPC).

KUFPEC Ecopetrol Kuwait Petroleum Corporation Santos Basin UK-headquartered Shell Brasil Petr Shell Brasil Energy Development Corporation Shell Shell Peter Costello President of Upstream Eisa Al Sal Petr Offshore Energy Illustration