Shell explores options to divest stakes in Baram Delta


Shell has decided to explore its options to divest its non-operated interests in the Amended 2011 Baram Delta.

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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