The FPSO vessel allows for the processing, storage, and offloading of oil directly at the offshore field, streamlining the production process and enabling Shell to continue extracting oil from the ...
Shell's low valuation, despite $39.5B in cash flow and shareholder rewards, offers long-term investors a unique opportunity for growth. See more on SHEL stock.
Sabah Shell Petroleum Company Ltd, a subsidiary of London-based integrated oil and gas company, operates the Gumusut-Kakap Semi-submersible Floating Production System (“FPSO”), which is ...
Shell has begun oil production at the fourth phase of its Gumusut-Kakap-Geronggong-Jagus East deepwater project offshore ...
Production is expected to begin by the end of second-quarter 2025, with an expected 3-4 months ramp up period to peak ...
Furthermore, the FPSO Sepetiba is part of a production system ... This is a unitized field, operated by Petrobras (38.6%), in partnership with Shell Brasil (19.3%), TotalEnergies (19.3%), CNPC ...
Shell plc has made additional changes to its executive committee and leadership structure.
Petrobras is also producing in Mero from the Pioneiro de Libra FPSO, but the unit is considered an early production system ...
for prolonging the FPSO stay along with certain adjustments ... which has an operating interest of 67.21%; Shell, which holds a 23.02% interest; Petrogal, which holds a 9.20% interest; and PPSA ...
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