Petronas, PT Pertamina Hulu Energi acquire interest in Masela block offshore Indonesia
JAKARTA (July 25): Petronas subsidiary, Petronas Masela Sdn Bhd (Petronas Masela), signed the sale and purchase agreement (SPA) with Shell Upstream Overseas Services (I) Limited (Shell) for the acquisition of 15 per cent participating interest in the production sharing contract of the Masela Block (Masela PSC), located in the deep waters of west Arafura Sea, [...]
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