News
09 December 2019

Udenna nears close on RBL for gas field acquisition

In:
Oil & gas

Udenna Corporation, via its holding company UC Malampaya Philippines, is expected to close a four-year $450 million reserve-based lending (RBL) facility to finance its acquisition of a 45% stake in the Malampaya-Camago gas field from Chevron at the beginning of next year. Shell and Philippine...

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