SINGAPORE, March 7 (Reuters) - Shell has begun
production at Phase 4 of its Sabah deepwater oil project in
Malaysian and Bruneian waters, it said on Friday.
The Gumusut-Kakap-Geronggong-Jagus East (GKGJE) project is
part of Shell's efforts to revive oil and gas production in
Malaysia and the Kimanis crude grade in particular.
Phase 4 of the project is expected to produce about 21,000
barrels of oil equivalent per day (boepd) on average, a Shell
statement said. Phase 3 began production in July 2022.
Shell aims to deliver an additional 500,000 boepd at peak
production from new upstream projects such as GKGJE between 2023
and 2025.
Other partners in the joint venture include Petronas,
ConocoPhillips ( COP ), PTTEP and Pertamina.