By Ian Walker
LONDON--Royal Dutch Shell PLC (RDSB.LN) said Wednesday it has
started oil production from the Gumusut-Kakap floating platform off
the coast of Malaysia, the latest in a series of Shell deep-water
projects.
The Gumusut-Kakap field is located in waters up to 1,200 meters
deep. The platform is expected to reach an annual peak oil
production of around 135,000 barrels a day, once fully ramped up,
Shell said.
With oil production now under way, work on the gas injection
facilities is continuing with an expected start-up during 2015, it
added.
The Gumusut-Kakap project is a joint venture between Shell (33%,
operator), ConocoPhillips Sabah (33%), PETRONAS Carigali (20%),
Murphy Sabah Oil (14%).
Write to Ian Walker at ian.walker@wsj.com
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