Tag: offshore gas

Shell exits Philippines offshore gas field

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...

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Petronas halts production at Yetagun gas field

Malaysia’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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