Shell takes investment decision on Malaysia-Brunei ultra-deepwater field development

UK supermajor Shell has reached a remaining funding choice on the part 4 improvement of its Gumusut-Kakap-Geronggong-Jagus East deep-water improvement, and plans to develop two fields found in Bruneian waters by means of a tie-back to Shell’s current Gumusut-Kakap manufacturing amenities offshore Sabah, East Malaysia.

Asian neighbours Malaysia and Brunei Darussalam formalised a unitisation settlement for the Gumusut-Kakap and Geronggong-Jagus East final 12 months, paving the way in which for improvement of the 2 reservoirs straddling their maritime boundary.