Asia’s frozen upstream M&A sector begins to thaw

Regional players showing that deals can get done as recovery gathers momentum

Regional acquirer: Udenna of the Philippines has bought Shell and Chevron's stakes in Service Contract 38 that hosts the producing Malampaya field (pictured) — Regional acquirer: Udenna of the Philippines has bought Shell and Chevron's stakes in Service Contract 38 that hosts the producing Malampaya field (pictured)Photo: SHELL

Amanda Battersby

London

Published 15 June 2021, 01:02Updated 15 June 2021, 01:02

Asia Pacific Wood Mackenzie Shell Chevron ExxonMobil