Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Euronext Amsterdam  >  Royal Dutch Shell    RDSA   GB00B03MLX29

ROYAL DUTCH SHELL (RDSA)
Mes dernières consult.
Most popular
Report
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Royal Dutch Shell : Shell scraps $900m Thai gas sale

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/05/2017 | 07:11am CET

ROYAL Dutch Shell has cancelled a $900m (£679m) deal to sell its Thai gas field stakes to Kuwait's state oil company after the deal took too long to complete.

The oil major announced the deal to sell its 22 per cent stake in the Bongkot natural gas field and adjoining offshore acreage to Kuwait Foreign Petroleum Exploration Company (KUFPEC) in January as part of its divestment drive following the acquisition of rival BG Group for $70bn.

The deal was set to complete in the first quarter of 2017.

"Although Shell and the Thai government have worked together closely and collaboratively on the matter, the different interpretations of the treatment of share sale transactions were not resolved within Shell and KUFPEC's agreed timeframe. Therefore, both parties jointly decided to terminate the transaction," a Shell spokesperson said.

Shell's two Thai subsidiaries will continue to support operations and development at Bongkot with joint venture partners PTT Exploration & Production and Total.

Shell Integrated Gas Thailand also plans to participate in the upcoming licensing round for the extension of the Bongkot concession.

(c) 2017 City A.M., source Newspaper

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ROYAL DUTCH SHELL
11:16a ROYAL DUTCH SHELL : Immense potential prevails for gas-based economies
12/12DJROYAL DUTCH SHELL : Suspends Production on Two Offshore Oil and Gas Platforms
12/12 CHICAGO BRIDGE & IRON N : CB&I Announces EPC Award for Saudi Aramco Shell Refine..
12/12 ROYAL DUTCH SHELL : PETAN honours Shell for promoting Nigerian content
12/12 ROYAL DUTCH SHELL : PETAN Honours Shell For Nigerian Content Development
12/11 ROYAL DUTCH SHELL : third quarter 2017 Euro and GBP equivalent dividend payments
12/08 ROYAL DUTCH SHELL : SNEPCo sponsors Nigerian, Chinese suppliers to boost Nigeria..
12/08 EXXON MOBIL : Mobil-Brand Gas Stations Open in Mexico
12/07 ROYAL DUTCH SHELL : ExxonMobil Australia 'failed to disclose links to Bahamas an..
12/07 ROYAL DUTCH SHELL : Malampaya still capable of supplying gas up to 2029
More news
News from SeekingAlpha
07:30a EURO GAS SPIKE : 2 Dividend Champs To Play It
12/12 Turnarounds Need Love, Too
12/10 THE NEST EGG PORTFOLIO : Total's $5B + 5% Strategy Protects The Dividend
12/08 Fuel shippers gripe about 'excessive' Colonial Pipeline rates
12/07 Exxon, Chevron, Shell paid no tax in Australia for FY 2016
Financials ($)
Sales 2017 290 B
EBIT 2017 22 097 M
Net income 2017 14 615 M
Debt 2017 60 690 M
Yield 2017 5,69%
P/E ratio 2017 16,41
P/E ratio 2018 14,92
EV / Sales 2017 1,14x
EV / Sales 2018 1,06x
Capitalization 270 B
Chart ROYAL DUTCH SHELL
Duration : Period :
Royal Dutch Shell Technical Analysis Chart | RDSA | GB00B03MLX29 | 4-Traders
Technical analysis trends ROYAL DUTCH SHELL
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 32,8 $
Spread / Average Target 0,99%
EPS Revisions
Managers
NameTitle
Ben van Beurden Chief Executive Officer & Executive Director
Charles O. Holliday Chairman
Jessica Uhl Chief Financial Officer & Director
Harry Brekelmans Director-Technology & Projects
Gerardus Johannes Wijers Deputy Chairman
Sector and Competitors
1st jan.Capitalization (M$)
ROYAL DUTCH SHELL4.31%265 888
PETROCHINA COMPANY LIMITED1.76%211 793
TOTAL-3.35%139 951
STATOIL6.50%67 204
PETROLEO BRASILEIRO SA PETROBRAS3.23%62 116
ENI-10.15%59 781