Malampaya gas project : Shell to divest 45% stake to Udenna in $460m deal
Royal Dutch Shell is executing a deal worth up to $460 million to sell its interest in the Malampaya gas project in the Philippines to Malampaya Energy XP, a subsidiary of Udenna Corporation. The deal is being carried out by the company’s subsidiary Shell Petroleum whose 45% stake in Service Contract 38 (SC38) offshore licence […]