Page 1 - AsianOil Week 22 2022
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Issue 822 03•June•2022 Week 22
Ownership change
Prime Infra is buying a controlling stake in the Malampaya gas field in the
South China Sea, bolstering the field’s prospects to have its life extended.
Open to buying
GAIL (India) is open to purchasing Russian oil and gas assets despite the fact
that numerous companies are avoiding doing business with Moscow.
Profit up
Petronas’ net profit for the first quarter of 2022 had come in at $5.3bn, up
154% on net profit of $2.1bn a year ago.
Crux of the matter
Shell Australia has taken a final investment decision on the Crux natural gas
project offshore Western Australia.
