Shell develops Sabahan talent for the oil & gas industry

• In 2017, Sabah Shell Petroleum Company Limited (SSPC) entered an agreement with TAS Institute of Oil & Gas, introducing the Shell Petroleum Operation Technician (SPOT) in Sabah, with the aim of developing local Sabahan talents into qualified oil and gas technicians.
• Sabah Shell Petroleum Co Ltd has offices at Plaza Shell, Kota Kinabalu, and operates two deepwater oil-producing assets in Sabah, Gumusut-Kakap and Malikai, commissioned in 2014 and 2016 respectively, producing almost one-third of the oil production in Malaysia.
• Gumusut-Kakap, Shell’s first deepwater development in Malaysia, is a semi-submersible floating production system located offshore Sabah, in water depths up to 1,200m. Malikai is the country’s first tension-leg platform and Shell’s first tension-leg platform outside of the Gulf of Mexico.
• As part of its commitment to the local community in which it operates, Shell also runs Social Investment programmes in Sabah such as Shell LiveWire, Shell NXplorer, #ShellSelamatSampai, and Access2Energy.
• TAS Institute of Oil & Gas was established on 16th August 2008 and offers Business and Education Council, UK (BTEC) Level Two certificates in engineering technician programmes in oil and gas operations at its campus outside Kota Kinabalu, Sabah.
• This programme delivers a unique multi-skilled capability learning in oil and gas practice where graduates are able to work on process, instrument, mechanical or electrical discipline while understanding non-technical disciplines as well.

Prema Jayabalan
Senior Manager, Media Relations,
Shell Malaysia
Prema.Jayabalan @Shell.com

Cindy Lopez
Country Head of Corporate Relations,
Shell Malaysia
Cindy.Lopez@Shell.com

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 and www.sec.gov

). These risk factors also expressly qualify all forward-looking statements contained in this announcement and should be considered by the reader. Each forward-looking statement speaks only as of the date of this announcement, November 17, 2023. Neither Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this announcement.

Shell’s net carbon intensity

Also, in this announcement we may refer to Shell’s “Net Carbon Intensity”, which includes Shell’s carbon emissions from the production of our energy products, our suppliers’ carbon emissions in supplying energy for that production and our customers’ carbon emissions associated with their use of the energy products we sell. Shell only controls its own emissions. The use of the term Shell’s “Net Carbon Intensity” is for convenience only and not intended to suggest these emissions are those of Shell plc or its subsidiaries.

Shell’s net-Zero Emissions Target

Shell’s operating plan, outlook and budgets are forecasted for a ten-year period and are updated every year. They reflect the current economic environment and what we can reasonably expect to see over the next ten years. Accordingly, they reflect our Scope 1, Scope 2 and Net Carbon Intensity (NCI) targets over the next ten years. However, Shell’s operating plans cannot reflect our 2050 net-zero emissions target and 2035 NCI target, as these targets are currently outside our planning period. In the future, as society moves towards net-zero emissions, we expect Shell’s operating plans to reflect this movement. However, if society is not net zero in 2050, as of today, there would be significant risk that Shell may not meet this target. 

Forward Looking Non-GAAP measures

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