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Pertamina, Petronas buy Shell s stake in Indonesia s Masela gas block

Indonesia s Pertamina and Malaysia s Petronas signed an agreement with Shell on Tuesday to buy its 35% stake in the Masela natural gas fields for up to $650 million, moving the project forward after.

Jawa baratPetronas masela sdn bhdZoe yujnovichChristian schmollingerNicke widyawatiMuralikumar anantharamanFlorence tanBernadette christina munthePertamina hulu energiFransiska nangoyIndonesia ministry of energyChevron corpIndonesia petroleum associationIndonesia deepwater developmentHulu energiMineral resources

Pertamina, Petronas to pay up to $650m for Shell s Masela gas stake

Pertamina Hulu Energi will take 20% and Petronas Masela Sdn Bhd will take 15% of the project, the companies said at a signing ceremony.

Pertamina hulu energiPetronas masela sdn bhdNicke widyawatiZoe yujnovichIndonesia deepwater developmentChevron corpIndonesia petroleum associationIndonesia ministry of energyHulu energiMineral resourcesAbadi fieldMasela block

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