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Shell starts oil production from Malaysian deep-water platform

Wed, 08th Oct 2014 06:18

LONDON, Oct 8 (Reuters) - Oil major Shell hasstarted oil production from the Gumusut-Kakap floating platformoff the Malaysian coast, the company said on Wednesday.

The deep-water platform is also expected to start producinggas over the course of next year, Shell added.

The facility is set to reach an annual output peak of around135,000 barrels a day.

The Gumusut-Kakap platform is one of more than 20 deep-waterprojects developed by Shell, including in the Gulf of Mexico andoffshore Nigeria.

The Malaysian project is 33 percent owned by Shell asoperator, with ConocoPhillips Sabah also owning 33percent. Malaysia's Petronas Carigali holds a 20 percent stakeand Murphy Sabah Oil a 14 percent share. (Reporting by Karolin Schaps; Editing by David Goodman)

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