文章预览
Click on the top to follow us (WO) — Shell Offshore Inc., a subsidiary of Shell plc, has approved a Final Investment Decision (FID) for a waterflood project at its Vito asset in the Gulf of Mexico. The project involves injecting water into the reservoir to increase oil extraction and is set to begin in 2027. This initiative is expected to significantly enhance production capacity at the Vito field. "Over time, we’ve seen the benefits of waterflood as we look to fill our hubs in the Gulf of Mexico,” said Zoë Yujnovich, Shell integrated gas and upstream director. “This investment will deliver additional high-margin, lower-carbon barrels from our advantaged Upstream business while maximizing our potential from Vito.” The waterflood process includes injecting water to push oil towards production wells and re-pressurize the reservoir, following the drilling of three pre-production wells. As a leading deep-water operator in the U.S. Gulf of Mexico, Shell boasts one of the lowest g
………………………………
