Royal Dutch Shell has agreed to sell its interest in an offshore gas field in the Philippines for USD460 million to limit its oil and gas activities. Shell has sold its 45 per cent stake in Service Contract 38 (SC38), a...
Read MoreItaly-based Eni has acquired a 100 per cent interest in Block 115/09 in Vietnam from Singapore-based KrisEnergy. This acquisition will assist Eni in centralising its role in the Song Hong basin and in expanding its gas portfolio...
Read MoreMalaysia’s state energy firm Petronas’ subsidiary, PC Myanmar (Hong Kong) Ltd (PCML) unit, has declared force majeure and has temporarily halted production at the Yetagun field due to depletion of gas supply. The field is...
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