Shell has agreed to sell its 22.2222% interest in the Bongkot field and adjoining acreage* to PTTEP for USD 750 million. The deal is expected to complete 2Q â18, subject to usual conditions. Â PTTEP is already optr of the assets, and its stake will increase to 66.6667%, Total holding the balance.  * Blocks B15 (1,305 sq km), 16-17 (1,926 sq km) + G12/48 (32 sq km). PTTEPâs stake in Bongkot will increase to 66.6667%, with the remaining 33.3333% owned by Total. PTTEP is the current operator of Bongkot. Â It is recalled in October last, Shell and Kufpec agreed to cancel the SPA which had been reached for a similar deal. 
PTTEP (-> 66,6667%) is acquiring 22.2222% interest in the Bongkot field and in blocks 15, 16, 17 and G12/48 from Shell (->0%, Total 33,3333%)