Acquisitions and Divestitures News in Malaysia

PTTEP Awarded Offshore Exploration Block SB412 in Malaysia
3/25/2022 - Mr. Montri Rawanchaikul (3rd left), Chief Executive Officer, PTT Exploration and Production Public Company Limited (PTTEP), and Mr. Adif Zulkifli (4th right), Executive Vice President and CEO Upstream...
PTTEP Wins Offshore Exploration Block in Malaysia Bid Round 2021
3/23/2022 - PTT Exploration and Production Public Company Limited (PTTEP), through its subsidiary, PTTEP HKO, and its partner, SapuraOMV, have been awarded the exploration Block SB412, off the northwest coast of ...
Hibiscus Petroleum Completes Transformative Acquisition of Oil & Gas Assets
1/25/2022 - Hibiscus Petroleum Berhad (MK) (“Hibiscus Petroleum”) is pleased to announce that its indirect wholly-owned subsidiary, Peninsula Hibiscus Sdn Bhd (“Peninsula Hibiscus”), has successfully completed th...
PETRONAS Awards PSC for Block PM524 to POSCO International
11/1/2021 - PETRONAS has awarded a Production Sharing Contract (PSC) for Block PM524 to POSCO International E&P Malaysia Sdn Bhd (POSCO International) and PETRONAS Carigali Sdn Bhd (PCSB).

POSCO Inte...
Rex International Awarded Two Production Sharing Contracts in Malaysia
8/30/2021 - Rex International, a technology-driven exploration and production company, has announced that together with its Malaysian partner, Duta Marine Sdn. Bhd. (DMSB) it has signed two Production Sharing Con...
PETRONAS Intensifies Malaysia’s Small Fields Development
8/30/2021 - PETRONAS has signed two new Small Field Asset (SFA) Production Sharing Contracts (PSCs) with Rex International Holding Limited (Rex) and Duta Marine Sdn Bhd (Duta Marine) for the Rhu-Ara and Diwangsa ...
Jadestone Energy Announces Completion of the Peninsular Assets Acquisition
8/2/2021 - Jadestone Energy plc (“Jadestone”, the “Company” or together with subsidiaries, the “Group”), an independent oil and gas production company focused on the Asia Pacific region, is pleased to announce t...
PETRONAS Carigali, Shell and PETROS Awarded Block SK437
7/28/2021 - PETRONAS has awarded Block SK437 offshore Sarawak, Malaysia to PETRONAS Carigali Sdn Bhd (PCSB), Sarawak Shell Berhad (SSB), and Petroleum Sarawak Exploration and Production Sdn Bhd (PSEP), a wholly-o...
Jadestone Announces Conditions Satisfied for Malaysia Acquisition
7/16/2021 - Jadestone Energy plc (“Jadestone”), an independent oil and gas production company focused on the Asia Pacific region, is pleased to announce the satisfaction of all conditions required to complete its...
PETRA Energy-UZMA JV Receives LOA for Petroleum Contract from Block SK433
6/21/2021 - PETRA Energy Bhd (“PETRA” or “the Group”) and Uzma Berhad (“UZMA”) announced on 18 June 2021 that PETRA’s wholly owned subsidiary Petra Energy Development Sdn Bhd (“PEDSB”) on 15 June 2021 received a ...
Repsol Sells Vietnam and Malaysia Assets to Hibiscus Petroleum
6/1/2021 - Repsol has agreed to sell its E&P assets in Malaysia and in Block 46 CN in Vietnam to a fully-owned subsidiary of Hibiscus Petroleum, a publicly-traded company based in Kuala Lumpur.

The sa...
Jadestone Announces Acquisition of SapuraOMV Peninsular Malaysia Assets
4/30/2021 - Jadestone Energy plc (JSE) (“Jadestone” or including subsidiaries, the “Group”), an independent oil and gas production company focused on the Asia Pacific region, is pleased to announce that it has ex...
PETRONAS Has Awarded Block SB405to ConocoPhillips
2/19/2021 - PETRONAS has awarded Block SB405, off the coast of Sabah, offshore Malaysia, to ConocoPhillips East Malaysia Limited (COPEM) a subsidiary of ConocoPhillips and PETRONAS Carigali Sdn. Bhd. (PCSB). The ...
Malaysia’s DNeX eEnters into HOA to Acquire Ping Petroleum
8/27/2020 - Malaysian company DNeX has entered into a heads of agreement ('HOA') with Ping Petroleum for DNeX to make an offer through Ping, to acquire the remaining equity interest in Ping not currently owned by...
EnQuest Awarded Block PM409 PSC Offshore Malaysia
12/4/2019 - EnQuest PLC (EnQuest) is pleased to announce it has been awarded the Block PM409 Production Sharing Contract (PSC) in partnership with PETRONAS Carigali Sdn Bhd (‘PCSB’) by PETRONAS. Under the terms o...
Hibiscus Petroleum Acquires Producing Assets in Southeast Asia
11/21/2019 - Hibiscus Petroleum Berhad (HIBI) released a Corporate and Business Update outlining the Group’s targets and initiatives as well as operational updates in conjunction with the release of its quarterly ...
Hibiscus Petroleum Completes Acquisition of North Sabah PSC from Shell
4/1/2018 - Hibiscus Petroleum Bhd (HIBISCS) is pleased to announce that its indirect wholly owned subsidiary SEA Hibiscus Sdn Bhd (SEA Hibiscus) has completed its acquisition of a 50% participating interest in t...
JX Nippon to Develop & Produce Oil and Gas from Beryl Gas Field
12/20/2017 - Mr. Shunsaku Miyake, President and CEO of JX Nippon Oil & Gas Exploration Corporation is pleased to announce that PETROLIAM NASIONAL BERHAD (“PETRONAS”), the national oil company of Malaysia, has agre...
Hibiscus Petroleum to Acquire Shell’s 50% Interest in the 2011 North Sabah PSC
12/6/2017 - Hibiscus Petroleum, Malaysia’s first listed independent oil and gas exploration and production company, announced that it has received unconditional consent from Petronas Carigali under the Joint Oper...
Malaysia's Sarawak State Govt Seeks 10% Stake In LNG Train
5/22/2017 - Malaysia's Sarawak state government said it is negotiating with Petroliam Nasional Berhad to acquire a 10 percent equity stake in a liquefied natural gas(LNG) production facility at Petronas' LNG comp...

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