Shell's Bold Move: Investing in Gulf's Oil & Gas

UK-Dutch energy giant Shell has made a final investment decision on the development of the Sparta oil and gas project in the Gulf of Mexico, with production expected to begin in 2028, the company announced on Wednesday.
"Shell Offshore Inc., a subsidiary of Shell plc, today announced the Final Investment Decision (FID) for Sparta, a deep-water development in the U.S. Gulf of Mexico that represents our competitive approach to simplifying and replicating projects," the company said in a statement.