$650 million deal: Shell selling giant gas asset to Pertamina and Petronas upstreamonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from upstreamonline.com Daily Mail and Mail on Sunday newspapers.
$650 million deal: Shell sells giant gas asset to Pertamina and Petronas upstreamonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from upstreamonline.com Daily Mail and Mail on Sunday newspapers.
The deal involves Pertamina Hulu Energi acquiring a 20% stake, and Petronas Masela buying a 15% interest in the Masela PSC, which includes the Abadi gas project.
Petronas, through its subsidiary Petronas Masela, and Pertamina Hulu Energi (PHE) have agreed to acquire a 35% stake in the Masela Block production sharing contract (Masela PSC), offshore