Shell looks to sell interest in Malaysian offshore blocks

Shell Malaysia has announced that it has decided to explore its options to divest its non-operated interests in the Amended 2011 Baram Delta EOR and the SK 307 PSC.

The assets are located offshore Sarawak, Malaysia, and are operated by Petronas.

Shell said the decision is in line with its strategy for its upstream business to become more focused and to increase its resilience and competitiveness.

“Malaysia remains an important country to the Shell Group with a continued strong presence in its upstream, gas-to-liquids, downstream and business operations sectors,” Shell said.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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