Shell Starts Oil Production From Gumusut-Kakap Phase 4 Project
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Shell has commenced oil production from Phase 4 of the Gumusut-Kakap project offshore Malaysia, enhancing its deepwater exploration and energy output capabilities.
March 10, 2025 | 1:30 pm
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Shell has started oil production from the Gumusut-Kakap Phase 4 project, which is expected to enhance its deepwater exploration and energy output.
The start of oil production from the Gumusut-Kakap Phase 4 project is a positive development for Shell, as it enhances the company's deepwater exploration capabilities and energy output. This is likely to have a positive impact on Shell's revenues and stock price in the short term.
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