16th Feb 2023 14:27
Shell PLC - Oil major - Says its subsidiary Shell Offshore Inc has started production at the Vito floating production facility in the US Gulf of Mexico. Shell says Vito is the company's first deep-water platform in the GoM to employ a "simplified, cost-efficient host design", with an estimated peak production of 100,000 barrels of oil equivalent per day.
Shell Upstream Director Zoe Yujnovich says: "Vito is an excellent example of how we are approaching our projects to meet the energy demands of today and tomorrow, while remaining resilient as we work toward achieving net zero emissions by 2050."
Shell holds 63% if Vito as an operator, with Norwegian state-owned energy company Equinor ASA holding the remaining 37%.
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By Xindi Wei, Alliance News reporter
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