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UK-Dutch energy giant Shell has made a final investment decision on the development of the Sparta oil and gas project in the Gulf of Mexico, with production expected to begin in 2028, the company announced on Wednesday.
Final Investment Decision for Sparta in the US Gulf of Mexico 20 December 202306:00 Equinor and its operating...
HOUSTON, Dec. 19, 2023 /PRNewswire/ -- Shell Offshore Inc., a subsidiary of Shell plc, today announced the Final Investment Decision (FID) for Sparta, a deep-water development in the U.S. Gulf of Mexico that represents our competitive approach to simplifying and replicating projects. Owned by Shell Offshore Inc. (51% operator) and Equinor Gulf of Mexico LLC (49%), Sparta is...
This final investment decision (FID) marks the initiation of a strategic campaign to deliver three wells, with the primary goal of augmenting production at the Perdido spar, situated approximately 200 miles south of Galveston, Texas, in waters around 8,000 feet deep.