Shell starts production at Vito in US Gulf of Mexico
-
Loading... - Arends Sem
- 17 Feb 2023
- 67 Views
- 0 Like
- 0 Comment
Shell Offshore Inc., a subsidiary of Shell plc (Shell), announced that production has started at the Shell-operated Vito floating production facility in the US Gulf of Mexico (GoM). With an estimated peak production of 100,000 barrels of oil equivalent per day, Vito is the company’s first deep-water platform in the GoM to employ a simplified, cost-efficient host design.
“Vito is an excellent example of how we are approaching our projects to meet the energy demands of today and tomorrow, while remaining resilient as we work toward achieving net zero emissions by 2050,” said Zoe Yujnovich, Shell’s Upstream Director, adding, “Building on more than 40 years of deep-water expertise, projects like Vito enable us to generate greater value from the GoM, where our production has amongst the lowest greenhouse gas intensity in the world for producing oil.”
The Vito development is owned by Shell Offshore Inc. (63.11% operator) and Equinor (36.89%). In 2015, the original host design was rescoped and simplified, resulting in a reduction of approximately 80% in CO2 emissions over the lifetime of the facility as well as a cost reduction of more than 70% from the original host concept.
Vito also serves as the design standard for our Whale project that will feature a 99% replication of the Vito hull and 80% of Vito’s topsides.
Shell’s Powering Progress strategy to thrive through the energy transition includes increasing investment in lower-carbon energy solutions, while continuing to pursue the most energy-efficient and highest-return Upstream investments. Read More…
