Deal Insight
PETRONAS sells out of three blocks offshore Vietnam to SapuraKencana for US$400 million
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
On 20 November 2014, SapuraKencana Petroleum Berhad announced it had entered three conditional sale and purchase agreements (SPAs) with Petronas Carigali, to acquire oil and gas assets in Vietnam. The three Vietnamese assets sold by Petronas Carigali are a mixture of early-midlife oil/gas assets and shallow-water oil/gas discoveries. We value the commercial assets at US$498 million, compared to the US$400 million paid by SapuraKencana.
Table of contents
- Executive summary
- Transaction details
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Upstream assets
-
Commercial
- Blocks 01/97 and 02/97
- Block 46 - Cai Nuoc
- Blocks 10 and 11/1
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Commercial
- Deal analysis
-
Upsides and risks
- Exploration potential
-
Strategic rationale
- Petronas Carigali
- SapuraKencana
- Oil & gas pricing and assumptions
Tables and charts
This report includes the following images and tables:
- Executive summary: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Deal analysis: Table 3
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
- Upstream assets: Table 1
What's included
This report contains:
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