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Shell plc (SHEL) Announces Final Investment Decision on Waterflood Project at Kaikias Field
Yahoo Finance· 2025-12-19 19:53
Shell plc (NYSE:SHEL) is one of the Best Non-US Stocks to Buy According to Hedge Funds. On December 16, Shell plc (NYSE:SHEL) announced the final investment decision on its waterflood project at Kaikias field in the US Gulf of America by its subsidiary Shell Offshore Inc. Management noted that the project will use the waterflood method, which entails injecting water physically to displace oil into adjacent production wells. At Kaikias field, a waterflood method will be used to displace more oil to the c ...