Shell acquires Pavilion Energy in strategic move in global LNG market
Shell Eastern Trading Pte. Ltd., a subsidiary of Shell plc, has agreed to acquire Pavilion Energy Pte. Ltd. from Carne Investments Pte. Ltd., an indirect wholly-owned subsidiary of Temasek. The deal involves acquiring 100% of Pavilion Energy’s shares, significantly enhancing Shell’s position in the liquefied natural gas (LNG) market. Pavilion Energy is recognized for its […]