Shell exits flagship Philippines gas asset in up to $460m deal

Udenna snaps up operator's stake in giant Philippines gas project

Sun sets for Shell at Malampaya: the asset is being divested to Udenna — Sun sets for Shell at Malampaya: the asset is being divested to UdennaPhoto: SHELL

Amanda Battersby

London

Philippines Shell Udenna Corporation Philippine National Oil Company Exploration Corporation Chevron

Published 20 May 2021, 10:37Updated 20 May 2021, 10:37