Turn on the Instant Pot and place the olive oil and butter in it, and press saute.
As the butter melts, coat the bottom of the pan with the butter and oil, add the garlic.
After a couple of minutes, add the chicken broth and water, stir it all around to get the garlic unstuck from the pot.
Turn off the Instant Pot and add the shrimp.
Put the lid on and make sure it’s sealed. Press the manual button, so it turns to High Pressure for 1 minute.
Let it naturally release.
Optional: Serve over pasta, and garnish with grated cheese, and enjoy!