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  • Shell completes sale of stake in Thailand’s Bongkot field to PTTEP
    édité le 21/06/2018 - Plus de news de "SHELL" - Voir la fiche entreprise de "SHELL"


Shell completes sale of stake in Thailand’s Bongkot field to PTTEP
Shell announced that its affiliates, Shell Integrated Gas Thailand Pte Ltd and Thai Energy Company Ltd, have completed the sale of their 22.2222% interest in the Bongkot field and adjoining acreage offshore Thailand to PTT Exploration & Production Public Company Limited (PTTEP) and PTTEP International Limited, a wholly-owned subsidiary of PTTEP, for a transaction value of $750 million.

This sale, which consists of Shell’s stake in Blocks 15, 16 and 17 and Block G12/48, was announced on 31 January 2018 and completion follows receipt of the necessary regulatory approvals. PTTEP is the operator of Bongkot and with completion of this transaction, increased its stake in Bongkot to 66.6667%. The remaining 33.3333% belongs to Total.

Completion of this deal shows the clear momentum behind Shell’s value-driven $30bn divestment programme and is in line with Shell’s drive to simplify and refocus its portfolio, reshaping the company into a world class investment.

This announcement has no impact on Shell’s other business interests in Thailand.

About Royal Dutch Shell plc

Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects.


Origine : Communiqué SHELL

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