Shell: Investment in a gas project in Malaysia


(CercleFinance.com) – Shell and Petronas announced on Monday that they have made a final investment decision to develop the Rosmari-Marjoram gas project in Malaysia.

These fields, located 220 km off the coast of the country, will be powered by renewable energy, using solar energy for the offshore platform.

“Rosmari-Marjoram will help deliver a secure and reliable supply of energy responsibly and efficiently,” said Zoe Yujnovich, Director of Shell Upstream.

Ivan Tan, National Chairman and Senior Vice President of Upstream Malaysia, adds: ‘We look forward to further contributing to Malaysia’s economic growth through investments in competitive and resilient projects.’

The development of Rosmari-Marjoram is one of the strategic projects aimed at ensuring a sustainable supply of gas to the Petronas LNG complex.

The project is designed to produce 800 million standard cubic feet of gas per day, with expected entry into service in 2026.

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