TotalEnergies SE is acquiring the remaining 50 percent stake in Malaysian independent gas producer and operator SapuraOMV Upstream Sdn from Sapura Upstream Assets Sdn Bhd (SUA) for $530 million.
(WO) –Jadestone Energy plc, an independent upstream oil and gas production company focused on the Asia-Pacific region, announced that the final well in the company’s 2023 East Belumut drilling campaign offshore Peninsular Malaysia has now been completed. The overall program has delivered results significantly ahead of expectations.
Malaysia is on the right track towards clean and renewable energy with the cumulative energy related to carbon dioxide (CO2) emissions expected to be reduced by 40% from 70% by 2050, said the Minister of Natural Resources, Environment & Climate Change (NRECC), Nik Nazmi Nik Ahmad. “According to the World Economic Forum’s latest Energy Transition […]
Malaysia’s 2022 oil and gas bid round was a remarkable success, attracting fresh investment, new upstream explorers, as well as new ideas to the mix in Southeast Asia’s most successful market.