Shell begins production at Vito in U.S. Gulf of Mexico

Shell Offshore, a subsidiary of Shell (SHEL), announced that production has started at the Shell-operated Vito floating production facility in the US Gulf of Mexico, GoM. "Vito is an excellent example of how we are approaching our projects to meet the energy demands of today and tomorrow, while remaining resilient as we work toward achieving net zero emissions by 2050," said Zoe Yujnovich, Shell’s Upstream Director, adding, "Building on more than 40 years of deep-water expertise, projects like Vito enable us to generate greater value from the GoM, where our production has amongst the lowest greenhouse gas intensity in the world for producing oil." The Vito development is owned by Shell Offshore, 63.11% operator, and Equinor (EQNR), 36.89%.