• 11/30/2024

Shell to Sell 35% Interest in Indonesia’s Masela Block for Up to $650 Million

Wall Street Journal

Shell is selling its 35% interest in Indonesia’s Masela production sharing contract, which includes the Abadi gas project, to PT Pertamina Hulu Energi and Petronas Masela for up to $650 million in cash.

https://www.wsj.com/articles/shell-to-sell-35-interest-in-indonesias-masela-block-for-up-to-650-million-16278162