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Shell to Sell Stake in Baram Delta Offshore Malaysia for $475M

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

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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… ....

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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. ....

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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. ....

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Shell to sell stakes in Malaysia's Baram Delta

Shell has agreed to sell stakes in Malaysia's Baram Delta for $475m, with extra payments of up to $50m to Petroleum Sarawak. ....

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