Finance
Shell's Sabah deepwater oil project begins phase 4 production
Published by Global Banking & Finance Review®
Posted on March 7, 2025
1 min readLast updated: January 25, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 7, 2025
1 min readLast updated: January 25, 2026
Shell has commenced Phase 4 production at its Sabah deepwater oil project, aiming for 21,000 boepd. This is part of efforts to enhance Malaysian oil output.
SINGAPORE (Reuters) - Shell has begun production at Phase 4 of its Sabah deepwater oil project in Malaysian and Bruneian waters, it said on Friday.
The Gumusut-Kakap-Geronggong-Jagus East (GKGJE) project is part of Shell's efforts to revive oil and gas production in Malaysia and the Kimanis crude grade in particular.
Phase 4 of the project is expected to produce about 21,000 barrels of oil equivalent per day (boepd) on average, a Shell statement said. Phase 3 began production in July 2022.
Shell aims to deliver an additional 500,000 boepd at peak production from new upstream projects such as GKGJE between 2023 and 2025.
Other partners in the joint venture include Petronas, ConocoPhillips, PTTEP and Pertamina.
(Reporting by Siyi Liu in Singapore; Editing by David Goodman)
Phase 4 of the project is expected to produce about 21,000 barrels of oil equivalent per day on average.
Phase 3 began production in July 2022.
Shell aims to deliver an additional 500,000 barrels of oil equivalent per day at peak production from new upstream projects such as GKGJE between 2023 and 2025.
Other partners in the joint venture include Petronas, ConocoPhillips, PTTEP, and Pertamina.
The Gumusut-Kakap-Geronggong-Jagus East project is part of Shell's efforts to revive oil and gas production in Malaysia, particularly focusing on the Kimanis crude grade.
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