Shell sells interest in Indonesia gas project to PETRONAS, PT Pertamina Hulu Energi for $650 million
(WO) – Shell Upstream Overseas Services (I) Limited (“SUOS”), a subsidiary of Shell plc, has agreed to sell its participating interest in Indonesia’s Masela Production Sharing Contract (“Masela PSC”) to Indonesia’s PT Pertamina Hulu Energi (“PHE”) and PETRONAS Masela Sdn. Bhd (“PETRONAS Masela”). The sale concerns SUOS’ part...