Shell Takes Final Investment Decision On Manatee

Shell Trinidad and Tobago Ltd has announced that it has taken its Final Investment Decision (FID) on the Manatee project, an undeveloped gas field in the East Coast Marine Area.

Shell is the operator of Manatee which represents the portion of the Loran-Manatee field in T&T waters, with the Loran portion in Venezuelan waters.

The company said Manatee will allow them to competitively grow its Integrated Gas business by building on development efforts in the East coast, which is currently home to Shell’s largest gas-producing fields in the country including Dolphin, Starfish, Bounty, and Endeavour.

In a statement, Shell’s Integrated Gas and Upstream Director Zoë Yujnovich said the project will help meet the increasing demand for natural gas globally while also addressing the energy needs of its customers domestically in T&T.

Manatee is slated to start production in 2027 and is expected to reach peak production of approximately 104,000 barrels of oil equivalent per day.

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