Further to DEA 8 Nov '19: Chevron has agreed to sell it 45% interest in SC 38 (Malampaya field), 834 sq km in the Northwest Palawan Basin, to Udenna Corp., a deal to be completed 1H '20. Shell (op), partners Chevron + PNOC-EC (who earlier was interested in boosting its 10%).
Chevron has agrred to sell it 45% interest in SC 38 (Malampaya field) (834kmÂ²) to Udenna Corp, the price has not been revealed. Prior to the move, Shell (op), partners Chevron + PNOC-EC (who earlier was interested in boosting its 10%).