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Shell Invests in the Whale Development in the Gulf of Mexico

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CISION PR Newswire

Shell Invests in the Whale Development in the Gulf of Mexico

NEWS PROVIDED BY Shell Offshore Inc.  Jul 26, 2021, 08:00 ET

HOUSTONJuly 26, 2021 /PRNewswire/ —=&0=&Shell Offshore Inc., a subsidiary of Royal Dutch Shell plc, today announces the final investment decision (FID) for Whale, a deep-water development in the U.S. Gulf of Mexico that features a 99% replicated hull and an 80% replication of the topsides from our Vito project.

“Whale is the latest demonstration of our focus on simplification, replication and capital projects with shorter cycle times to drive greater value from our advantaged positions,” said Wael Sawan, Shell Upstream Director. “We are building on more than 40 years of deep-water expertise to deliver competitive projects that yield high-margin barrels so that we are able to meet the energy demands of today while generating the cash required to help fund the development of the energy of the future.” read more

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