Shell Moves Forward with Joint Field Development for Gumusut-Kakap

Gumusut Field
(Click to Enlarge)

Shell announced that Final Investment Decision has been taken to jointly develop the Gumusut-Kakap field, located in deepwater, offshore Sabah, Malaysia.

Sabah Shell Petroleum Company will be operator of the development, which will employ the regionís first deepwater Floating Production System (FPS), with a processing capacity of 150,000 barrels of oil per day. The field, which is in waters up to 1,300 meters deep in blocks J and K, will be developed using 19 subsea wells with oil exported via a pipeline to a new oil and gas terminal, which will be built in Kimanis, Sabah.

The Gumusut and Kakap fields were combined into a single development under a Unitisation and Unit Operating Agreement signed by the co-venturers in 2006. Shell and ConocoPhillips Sabah Ltd each hold 33% interests in the development, PETRONAS Carigali has 20% and Murphy 14%.

Related Companies

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Production Engineer
Expertise: Production Engineering
Location: Houston, TX
Senior Sales Representative - Oil and Gas
Expertise: Corrosion Engineering|Petroleum Engineering|Sales
Location: Harvey, LA
Gas Storage Reservoir Engineer
Expertise: Petroleum Engineering
Location: Houston, TX
search for more jobs

Brent Crude Oil : $50.79/BBL 1.30%
Light Crude Oil : $49.96/BBL 1.10%
Natural Gas : $2.77/MMBtu 2.12%
Updated in last 24 hours