Acquisitions and Divestitures News in Malaysia

Seascape Energy Announces Successful Block 2A Farm-Out
12/2/2024 - Seascape Energy, an E&P company focused on Southeast Asia, is pleased to announce the successful farm-out of a 42.5% participating interest in the Block 2A Production Sharing Contract (the "PSC" or "B...
EnQuest awarded DEWA Complex Cluster Small Field Asset PSC in Malaysia
10/21/2024 - EnQuest PLC, an independent oil and gas production and development company, listed on the London stock exchange, is pleased to announce its wholly-owned affiliate, EnQuest Petroleum Production Malaysi...
Award of DEWA Complex Cluster SFA ("Small Field Area") PSC Malaysia
10/21/2024 - Seascape Energy, an E&P company focused on Southeast Asia, is pleased to announce that it has been awarded a 28% participating interest in a Small Field Asset Production Sharing Contract ("SFA PSC") o...
Hibiscus Petroleum Farms in for 30% Participating Interest in the PM327 PSC
8/23/2024 - Hibiscus Petroleum Berhad (HIBI: MK) (“Hibiscus Petroleum”, the “Company”) wishes to announce that its indirect wholly-owned subsidiary, Straits Hibiscus Sdn Bhd has signed an agreement to acquire a 3...
Jadestone Energy Announces Award of SFA Cluster PSC Offshore Peninsular Malaysia
7/26/2024 - Jadestone Energy plc (“Jadestone”, or the “Company”), an independent upstream company focused on the Asia-Pacific region, is pleased to announce that through the Malaysia Bid Round Plus (“MBR+”), it h...
Upland Announces Continuing PSC Discussions
7/22/2024 - As Upland nears its AGM on July 30th in London, the company is pleased to confirm that it is in continuing communication with the Sarawak Government. The Sarawak State Government is the final authorit...
PETRONAS Awards NBE Cluster PSC to Fuel Long Term Energy Needs
6/27/2024 - PETRONAS, through Malaysia Petroleum Management (MPM), signed a Small Field Asset (SFA) Production Sharing Contract (PSC) with Vestigo Petroleum Sdn Bhd (Vestigo) for a Discovered Resource Opportunit...
Longboat Announces Strategic Pivot to focus on Southeast Asia
6/17/2024 - Longboat Energy, an emerging E&P company, announces the strategic pivot of the business to focus on Southeast Asia following the sale of its 50.1% holding in Longboat JAPEX Norge AS ("LJN"), announced...
Upland Announces Joint Venture and Rig Reservation
4/22/2024 - Upland Resources Limited announced on 22nd January 2024 the formation of the Finance & Investment Committee, whose mandate encompasses a number of critical functions, including the oversight of joint ...
TotalEnergies Signs an Agreement for the Acquisition of OMV’s Upstream Gas Assets in Malaysia
1/31/2024 - TotalEnergies has signed an agreement with OMV to acquire its 50% interest in Malaysian independent gas producer and operator SapuraOMV Upstream Sdn (SapuraOMV) for a consideration of $903 million (in...
PETRONAS, PTTEP Sign MoU & Operational Agreements for Blocks SK405B and SK410B
12/22/2023 - PETRONAS Carigali Sdn Bhd (PETRONAS Carigali), a wholly-owned subsidiary of PETRONAS, has signed a Memorandum of Understanding (MoU) and two Technical Assistance Agreements (TAAs) with PTT Exploration...
Longboat Energy Announces Completion of SE Asia Acquisition
12/21/2023 - Longboat Energy, an emerging full-cycle E&P company active in Norway and Malaysia, is pleased to announce the completion of the acquisition of privately held Topaz Number One Limited ("Topaz"), thereb...
CGG to Acquire 8,000 km of Multi-Client Data Offshore Malaysia
11/15/2023 - CGG, in association with PETRONAS, has announced the start of the Selat Melaka 2D multi-client seismic program over the Langkasuka Basin offshore Malaysia. Located in the Malacca Strait, the project h...
EMGS: First Acquisition Contract Related to Renewable Energy Infrastructure
10/31/2023 - Electromagnetic Geoservices ASA ("EMGS" or the "Company") is pleased to announce that the Company has entered into its first acquisition contract related to renewable energy infrastructure.

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PETRONAS Awards Late Life Asset PSC to Maximise Recovery of Abu Cluster
10/30/2023 - PETRONAS recently signed a Late Life Asset (LLA) Production Sharing Contract (PSC) with Ping Petroleum Sdn. Bhd. (Ping Petroleum) for the Abu Cluster offshore Peninsular Malaysia.

The Abu ...
Upland Resources Limited Provides Corporate Update
10/30/2023 - Further to the recent announcements concerning the offer period for Upland Resources Limited, the Company provides the following corporate update. The approach was dismissed by the board due to the va...
REX International Awarded 2 PSCs by Petronas
9/28/2023 - Rex International Holding Limited (the “Company” or “Rex” and together with its subsidiaries, the “Group”) has received the following queries from the Singapore Exchange Securities Trading Limited (...
Rex International Awarded 2 PSCs by Petronas in Malaysia
9/19/2023 - Unless otherwise defined, capitalised terms in this announcement shall have the same meaning given to them on the Company’s press release dated 30 August 2021 (“Press Release”) and announcement dated...
Longboat Energy Announces SE Asia Acquisition and Expansion
9/13/2023 - Longboat Energy, an emerging full-cycle E&P company active in Norway and Malaysia, is pleased to announce the expansion of its business in SE Asia through the acquisition of privately held Topaz Numbe...
PETRONAS and Sabah State Sign Farm out Agreement for Samarang PSC
4/5/2023 - PETRONAS Carigali Sdn Bhd (PCSB), a wholly-owned subsidiary of PETRONAS has entered into a Farm Out Agreement (FOA) with SMJ Sdn Bhd (SMJSB), a company wholly-owned by the Sabah State Government for t...

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