 Home > Chemicals Industry > International Chemical > Shell sells equity in Philippine gas fields

Shell sells equity in Philippine gas fields

 Last Update: 2021-06-04
 Source: Internet
 Author: User

Tags

emerson electric company

schrodinger company

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Sinochem Shell recently stated that it has agreed to sell its 45% stake in the Malampaya natural gas field off the Philippine Sea to Udenna for a price of US$460 million.

Shell said the company has signed an agreement to sell Shell Philippine Exploration Company.

It is reported that Shell will receive a basic consideration of US$380 million, plus a maximum of US$80 million from 2022 to 2024, depending on asset performance and commodity prices.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

UV-119

CAS No.: 106990-43-6

$6-7/MT FOB

UV-622

CAS No.: 65447-77-0

$5-6/MT FOB

Isopropyl Ethyl Thionocarbamate IPTEC CAS 141-98-0

CAS No.: 141-98-0

Industrial Grade

$100-120/MT FOB

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.