Shell is reportedly selling its 35% interest in the Masela PSC, Timor Sea, to sole partner + optr Inpex. The company may later seek to farmout to share devt costs of the deepwater Abadi field, so far due on stream in 2027 as an FLNG project. An FPSO would be required to support up to 150 MMcfg/d + 35,000 bc/d.
Indonesia (Bonaparte B.) Masela op. by SHELL (35%), INPEX (34%), JOGMEC (31%), Shell is reportedly selling its 35% interest in the Masela PSC, Timor Sea, to sole partner + optr Inpex.