Royal Dutch Shell plc said on Monday its subsidiary Sarawak Shell Berhad (SSB) has taken a final investment decision on the Timi gas development project offshore Malaysia, which will powered by solar and wind sources.
The offshore wellhead project, developed with its partners Petronas Carigali and Brunei Energy Exploration, could see peak production of up to 50,000 barrels of oil equivalent per day (boe/d) and will move gas to the F23 production hub via an 80 kilometer-long pipeline, the company said in a release.
The unmanned platform, about 200 km (124 miles) off the coast of Serawak, was a step towards Shell's commitment to achieve net-zero emissions by 2050, Shell Upstream Director Wael Sawan said in the release.
