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Shell taps Goldman Sachs to explore Singapore refinery sale
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Kokel, Nicolas
8/24/2023 11:12 AM
THE STRAIT TIMES
24th August 2023
SINGAPORE - Shell is considering a sale of its Singapore refining and petrochemical plants as part of a broader strategic review and has hired investment bank Goldman Sachs to explore a potential deal, said several sources close to the matter.
Shell's energy and chemical assets on Singapore’s Bukom (above) and Jurong islands are being reviewed. PHOTO: REUTERS
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Braun, Uwe
8/24/2023 5:46 PM
I take it, the package for sale would also include their Crude to Chemicals refinery, which was seen as a benchmark by the industry? #refining da Silva, MBA, Author, Dr. Marcio Wagner |
