Shell exploring options to divest interests in Baram


The assets located offshore Sarawak, Malaysia, are operated by Petronas Carigali Sdn Bhd, and Sarawak Shell Bhd is a non-operating partner.

KUALA LUMPUR: As part of its continuous global portfolio rationalisation, Shell has decided to explore its options to divest its non-operated interests in the Amended 2011 Baram Delta EOR Production Sharing Contract (PSC) and the SK 307 PSC.

The assets located offshore Sarawak, Malaysia, are operated by Petronas Carigali Sdn Bhd, and Sarawak Shell Bhd is a non-operating partner.

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