{"id":9133,"date":"2022-08-31T12:24:56","date_gmt":"2022-08-31T12:24:56","guid":{"rendered":"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/petronas-mulls-divestment-of-african-upstream-assets-for-3-billion"},"modified":"2022-08-31T12:34:56","modified_gmt":"2022-08-31T12:34:56","slug":"petronas-mulls-divestment-of-african-upstream-assets-for-3-billion","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/petronas-mulls-divestment-of-african-upstream-assets-for-3-billion","title":{"rendered":"Petronas Mulls Divestment of African Upstream Assets for $3 Billion"},"content":{"rendered":"

Africa-Press – Sierra-Leone. <\/strong><\/span>Malaysian state oil company Petronas has started inviting bids for its upstream assets in Africa, which could sell for as much as $3 billion.<\/p>\n

With upstream projects in Chad, Egypt, Gabon, The Gambia, Senegal, and South Sudan, the assets are expected to attract interest from international energy companies and financial investors, with Petronas expected to divest its oil and gas assets to various buyers.<\/p>\n

Despite the company\u2019s position currently within the early stages of deliberation \u2013 with no certainty that its consideration would result in transaction \u2013 Petronas has also considered options for its downstream assets in Africa.<\/p>\n

Additionally, with the company having stated that it undertakes regular reviews of its global portfolio, it was reported in February that Petronas has been planning to offload its assets in Myanmar and Azerbaijan as part of a global operational reorganization strategy to ensure resilience amidst an evolving energy landscape in the wake of the global energy transition.<\/p>\n

For More News And Analysis About Sierra-Leone<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Sierra-Leone. Malaysian state oil company Petronas has started inviting bids for its upstream assets in Africa, which could sell for as much as $3 billion. With upstream projects in Chad, Egypt, Gabon, The Gambia, Senegal, and South Sudan, the assets are expected to attract interest from international energy companies and financial investors, with […]<\/p>\n","protected":false},"author":84,"featured_media":9132,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[291,293,292],"class_list":["post-9133","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-sierra-leone","tag-sierra-leone"],"yoast_head":"\nPetronas Mulls Divestment of African Upstream Assets for $3 Billion - Sierra Leone<\/title>\n<meta name=\"description\" content=\"Malaysian state oil company Petronas has started inviting bids for its upstream assets in Africa, which could sell for a ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/petronas-mulls-divestment-of-african-upstream-assets-for-3-billion\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Petronas Mulls Divestment of African Upstream Assets for $3 Billion\" \/>\n<meta property=\"og:description\" content=\"Malaysian state oil company Petronas has started inviting bids for its upstream assets in Africa, which could sell for a ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/petronas-mulls-divestment-of-african-upstream-assets-for-3-billion\" \/>\n<meta property=\"og:site_name\" content=\"Sierra Leone\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-31T12:24:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-31T12:34:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/sierra-leone\/sites\/16\/2022\/08\/postQueueImg_1-630f555a1f83f.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1500\" \/>\n\t<meta property=\"og:image:height\" content=\"1000\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/petronas-mulls-divestment-of-african-upstream-assets-for-3-billion#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/petronas-mulls-divestment-of-african-upstream-assets-for-3-billion\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Petronas Mulls Divestment of African Upstream Assets for $3 Billion\",\"datePublished\":\"2022-08-31T12:24:56+00:00\",\"dateModified\":\"2022-08-31T12:34:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/petronas-mulls-divestment-of-african-upstream-assets-for-3-billion\"},\"wordCount\":174,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/petronas-mulls-divestment-of-african-upstream-assets-for-3-billion#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/sierra-leone\/sites\/16\/2022\/08\/postQueueImg_1-630f555a1f83f.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Sierra-Leone\",\"Sierra-Leone\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/petronas-mulls-divestment-of-african-upstream-assets-for-3-billion#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/petronas-mulls-divestment-of-african-upstream-assets-for-3-billion\",\"url\":\"https:\/\/www.africa-press.net\/sierra-leone\/all-news\/petronas-mulls-divestment-of-african-upstream-assets-for-3-billion\",\"name\":\"Petronas Mulls Divestment of African Upstream Assets for $3 Billion - 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