Offshore staff
KOTA KINABALU, Malaysia – Sabah Shell Petroleum Co. Ltd. has completed the Gumusut-Kakap Phase 2 project offshore Sabah.
This phase involved the drilling of four subsea wells tied back to the Gumusut-Kakap semisubmersible floating production system (GK-Semi FPS).
At peak production, the four wells are expected to add 50,000 boe/d to the GK-Semi FPS, sustaining its rated production capacity of 165,000 b/d. Located in water depths of 1,200 m (3,937 ft), the GK-Semi FPS was Shell’s first deepwater development in Malaysia. Production began in 2014.
According to Shell, the GK Phase 2 project has realized cost savings of more than 35% since taking the final investment decision in 4Q 2017. This was said to be achieved through competitive scoping and efficient project execution.
The Gumusut-Kakap project is a joint venture between Shell (29%, operator), ConocoPhillips (29%), PETRONAS Carigali Sdn Bhd (16.8%), PTTEP Sabah Oil Ltd. (6.4%), PERTAMINA (2.7%), and others.
09/30/2019
