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Dec 16, 2025 4:00 PM

Shell Moves To Maximize Gulf Oil Returns With Fresh Kaikias Investment

Shell PLC (NYSE:SHEL) stock fell Tuesday, pressured by easing oil prices on renewed Russia-Ukraine ceasefire hopes and softer natural gas markets amid forecasts for warmer-than-expected weather.

In other news, the company’s subsidiary made a final investment decision (FID) on a waterflood project at its Kaikias field in the U.S. Gulf of America.

Project Details

The project will inject water to enhance oil recovery from the reservoir that supplies production to Shell’s Ursa platform in the Mars Corridor.

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