MANILA: Philippine oil and shipping group Udenna Corp expressed interest in acquiring Royal Dutch Shell PLC’s 45% stake in the Malampaya gas-to-power project, in partnership with state-owned Philippine National Oil Co (PNOC).
Shell is looking to divest from the Malampaya project in the Philippines as it seeks to overhaul its business.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
