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RIO DE JANEIRO, March 21, 2025 /PRNewswire/ -- Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, has taken the Final Investment Decision (FID) for Gato do Mato, a deep-water project in the pre-salt area of the Santos Basin, offshore Brazil.
The Gato do Mato Consortium includes Shell (operator with a 50% stake), Ecopetrol (30%), TotalEnergies (20%) and Pré-Sal Petróleo S.A. (PPSA) acting as the manager of the production sharing contract (PSC). The development plan includes the installation of a floating production storage and offloading (FPSO) vessel and is designed to produce up to 120,000 barrels of oil per day. Current estimated recoverable resource volumes of the Gato do Mato development are approximately 370 million barrels.
RIO DE JANEIRO, March 21, 2025 /PRNewswire/ -- Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, has taken the Final Investment Decision (FID) for Gato do Mato, a deep-water project in the pre-salt area of the Santos Basin, offshore Brazil.
The Gato do Mato Consortium includes Shell (operator with a 50% stake), Ecopetrol (30%), TotalEnergies (20%) and Pré-Sal Petróleo S.A. (PPSA) acting as the manager of the production sharing contract (PSC). The development plan includes the installation of a floating production storage and offloading (FPSO) vessel and is designed to produce up to 120,000 barrels of oil per day. Current estimated recoverable resource volumes of the Gato do Mato development are approximately 370 million barrels.
RIO DE JANEIRO, March 21, 2025 /PRNewswire/ -- Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, has taken the Final Investment Decision (FID) for Gato do Mato, a deep-water project in the pre-salt area of the Santos Basin, offshore Brazil.
The Gato do Mato Consortium includes Shell (operator with a 50% stake), Ecopetrol (30%), TotalEnergies (20%) and Pré-Sal Petróleo S.A. (PPSA) acting as the manager of the production sharing contract (PSC). The development plan includes the installation of a floating production storage and offloading (FPSO) vessel and is designed to produce up to 120,000 barrels of oil per day. Current estimated recoverable resource volumes of the Gato do Mato development are approximately 370 million barrels.
RIO DE JANEIRO, March 21, 2025 /CNW/ -- Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, has taken the Final Investment Decision (FID) for Gato do Mato, a deep-water project in the pre-salt area of the Santos Basin, offshore Brazil.
The Gato do Mato Consortium includes Shell (operator with a 50% stake), Ecopetrol (30%), TotalEnergies (20%) and Pré-Sal Petróleo S.A. (PPSA) acting as the manager of the production sharing contract (PSC). The development plan includes the installation of a floating production storage and offloading (FPSO) vessel and is designed to produce up to 120,000 barrels of oil per day. Current estimated recoverable resource volumes of the Gato do Mato development are approximately 370 million barrels.
RIO DE JANEIRO, March 21, 2025 /PRNewswire/ -- Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, has taken the Final Investment Decision (FID) for Gato do Mato, a deep-water project in the pre-salt area of the Santos Basin, offshore Brazil.
The Gato do Mato Consortium includes Shell (operator with a 50% stake), Ecopetrol (30%), TotalEnergies (20%) and Pré-Sal Petróleo S.A. (PPSA) acting as the manager of the production sharing contract (PSC). The development plan includes the installation of a floating production storage and offloading (FPSO) vessel and is designed to produce up to 120,000 barrels of oil per day. Current estimated recoverable resource volumes of the Gato do Mato development are approximately 370 million barrels.
PORT-OF-SPAIN, Trinidad and Tobago, July 9, 2024 /CNW/ -- Shell Trinidad and Tobago Ltd. (Shell), a subsidiary of Shell plc, today announced that it has taken Final Investment Decision (FID) on the Manatee project, an undeveloped gas field in the East Coast Marine Area (ECMA) in Trinidad and Tobago.
"The investment bolsters our world-leading LNG portfolio"
Manatee will allow Shell to competitively grow its Integrated Gas business by building on development efforts in the ECMA, one of the country's most prolific gas-producing areas. The ECMA is currently home to Shell's largest gas-producing fields in the country including Dolphin, Starfish, Bounty and Endeavour.
PORT-OF-SPAIN, Trinidad and Tobago, July 9, 2024 /PRNewswire/ -- Shell Trinidad and Tobago Ltd. (Shell), a subsidiary of Shell plc, today announced that it has taken Final Investment Decision (FID) on the Manatee project, an undeveloped gas field in the East Coast Marine Area (ECMA) in Trinidad and Tobago.
Manatee will allow Shell to competitively grow its Integrated Gas business by building on development efforts in the ECMA, one of the country's most prolific gas-producing areas. The ECMA is currently home to Shell's largest gas-producing fields in the country including Dolphin, Starfish, Bounty and Endeavour.
PORT-OF-SPAIN, Trinidad and Tobago, July 9, 2024 /PRNewswire/ -- Shell Trinidad and Tobago Ltd. (Shell), a subsidiary of Shell plc, today announced that it has taken Final Investment Decision (FID) on the Manatee project, an undeveloped gas field in the East Coast Marine Area (ECMA) in Trinidad and Tobago.
Manatee will allow Shell to competitively grow its Integrated Gas business by building on development efforts in the ECMA, one of the country's most prolific gas-producing areas. The ECMA is currently home to Shell's largest gas-producing fields in the country including Dolphin, Starfish, Bounty and Endeavour.
PORT-OF-SPAIN, Trinidad and Tobago, July 9, 2024 /PRNewswire/ -- Shell Trinidad and Tobago Ltd. (Shell), a subsidiary of Shell plc, today announced that it has taken Final Investment Decision (FID) on the Manatee project, an undeveloped gas field in the East Coast Marine Area (ECMA) in Trinidad and Tobago.
"The investment bolsters our world-leading LNG portfolio"
Manatee will allow Shell to competitively grow its Integrated Gas business by building on development efforts in the ECMA, one of the country's most prolific gas-producing areas. The ECMA is currently home to Shell's largest gas-producing fields in the country including Dolphin, Starfish, Bounty and Endeavour.
PORT-OF-SPAIN, Trinidad and Tobago, July 9, 2024 /PRNewswire/ -- Shell Trinidad and Tobago Ltd. (Shell), a subsidiary of Shell plc, today announced that it has taken Final Investment Decision (FID) on the Manatee project, an undeveloped gas field in the East Coast Marine Area (ECMA) in Trinidad and Tobago.
Manatee will allow Shell to competitively grow its Integrated Gas business by building on development efforts in the ECMA, one of the country's most prolific gas-producing areas. The ECMA is currently home to Shell's largest gas-producing fields in the country including Dolphin, Starfish, Bounty and Endeavour.