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Shell to Sell Stake in Baram Delta Offshore - Vimarsana News

Shell to Sell Stake in Baram Delta Offshore

Shell Plc said on Tuesday it would sell its stake in two offshore production sharing contracts in Malaysia's Baram Delta…

Shell to divest stake in Malaysia's Baram Delta for US$475 million - Vimarsana News

Shell to divest stake in Malaysia's Baram Delta for US$475 million

KUALA LUMPUR (Dec 13): Shell plc said on Tuesday (Dec 13) it will sell its stake in two offshore production sharing contracts in Malaysia's Baram Delta for US$475 million (RM2.11 billion) to Petroleum Sarawak Exploration & Production Sdn Bhd. The announcement comes after Shell announced in March 2021 that it was considering selling its stake in the two production sharing contracts, as part of its strategy to focus and increase resilience and competitiveness in its upstream business.

Shell to sell stake in Malaysia's Baram Delta to Petroleum Sarawak for $475m - Vimarsana News

Shell to sell stake in Malaysia's Baram Delta to Petroleum Sarawak for $475m

The transaction will be effective Jan 1 and is targeted for completion in early-2023.

(LEAD) SK Innovation's unit signs Malaysian oil block production contract - Vimarsana News

(LEAD) SK Innovation's unit signs Malaysian oil block production contract

(ATTN: UPDATES with details in paras 6, 8-10) SEOUL, April 24 (Yonhap) -- SK Innovatio...

Source: yna.co.kr
SK Innovation's unit signs Malaysian oil block production contract - Vimarsana News

SK Innovation's unit signs Malaysian oil block production contract

SEOUL, April 24 (Yonhap) -- SK Innovation Co., South Korea's leading refiner, said Su...

Source: yna.co.kr