Dateline 2025-03-07, Oil Price:
Shell has started first oil production from the next development phase of a deepwater oil project offshore Malaysia, the UK-based supermajor said on Friday as Europe’s largest oil and gas companies are pivoting back to strategies to boost output of fossil fuels.
Shell’s subsidiary Sabah Shell Petroleum Company Ltd, announced first oil production from Phase 4 of the Gumusut-Kakap-Geronggong-Jagus East deepwater offshore development project. The Phase 4 production is flowing to the existing Gumusut-Kakap Semi-submersible Floating Production System located off the coast of Sabah, offshore Malaysia, where SSPC is the operator.
…
Wata - Malaysian Oil and Gas Engineer 