On 16 February, production started on the Vito platform in the US Gulf of Mexico (GoM).
Operated by Shell Offshore Inc., a subsidiary of Shell plc, the deep-water Vito platform will produce an estimated 100,000 barrels of oil equivalent per day at peak. Equinor has a 36.89% interest in the field.
“Vito is a first-class asset in a key producing region for Equinor.”
Says Chris Golden, US country manager.
“The US Gulf of Mexico delivers some of Equinor’s highest-value barrels, helping us meet society’s critical energy needs while maintaining our focus on reducing emissions towards becoming a net-zero energy company by 2050.”
Vito employs a simplified and cost-efficient host design that was rescoped in 2015, resulting in an ~80% reduction in lifetime CO2 emissions and more than 70% reduction in costs versus the original concept. Estimated recoverable resources are approximately 290 million barrels of oil equivalent.
Equinor is committed to long-term value creation in a low-carbon future. An optimised oil and gas portfolio is part of Equinor’s strategy to provide Always safe, High value, and Low carbon energy.
Cover Image Courtesy of Equinor
The Vito platform in the US Gulf of Mexico.
(Photo: Shell)
