document: After thinking of selling-down for a while, Shell has reportedly elected to withdraw from its last Gabonese holdings, deepwater BC 9 (5,970 sq km) and BCD 10 (7,055 sq km). Its 75% transfers to partner CNOOCI who ends up sole holder of the acreage, home to the 2014 Leopard gas find.
summary: After thinking of selling-down for a while, Shell has reportedly elected to withdraw from its last Gabonese holdings, deepwater BC9 and BCD10 (home to the 2014 Leopard gas find). Its 75% transfers to partner CNOOCI (->100%).