Royal Dutch Shell PLC (RDSA.LN) said Monday that it and its partners, are expecting to boost production with two new deepwater projects at Parque das Conchas, BC-10, and the Bijupirá/Salema fields in Brazil .

MAIN FACTS:

-For Parque das Conchas, Shell and its partners Petrobras and ONGC, have decided to move forward with Phase 3 of the project, which will include the installation of subsea-infrastructure at the Massa and Argonauta O-South fields.

-These fields will be tied-back to the Espírito Santo - the floating, production, storage and offloading vessel (FPSO) - that is at the center of the Parque das Conchas development.

-Once online, Phase 3 of the BC-10 project is expected to reach a peak production of 28,000 barrels of oil equivalent per day; Shell share 50%, Petrobras 35%, ONGC 15%.

-Since coming on-stream in 2009, the BC-10 project has produced more than 70 million boe.

-Phase 2 of the project, to tie-in the Argonauta O-North field, continues to progress and is expected to come online late 2013 with a peak production of 35,000 boe per day; Shell share 50%, Petrobras 35%, ONGC 15%.

-At the Bijupirá/Salema fields, a re-development is underway that includes the drilling of four new production wells.

-This is expected to boost production from these fields to a peak of 35,000 boe per day in 2014; Shell share 80%, Petrobras 20%.

-The Bijupirá/Salema fields have produced close to 100 million boe since startup in 2003.

-Shares at 1106 GMT, up 2 pence, or 0.1%, at 2,232 pence valuing the company at GBP85.32 billion.
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