Mergers and Acquisitions News in Malaysia

OMV Signs Heads of Agreement with Sapura Energy
9/12/2018 - OMV has entered into a Heads of Agreement with Sapura Energy to form a strategic partnership. The parties have agreed to continue negotiations on an exclusive basis. OMV intends to acquire a 50% inter...
Petronas & Aramco Announce Formation of Their Two New Joint Ventures in Malaysia
3/28/2018 - Petroliam Nasional Berhad (PETRONAS), the national oil company of Malaysia, and Saudi Aramco, the national oil company of Saudi Arabia, are pleased to announce the formation of two joint ventures for ...
UMW-OG JV with Japan Drilling Company
2/26/2018 - UMW OIL & GAS CORPORATION BERHAD (“UMW-OG”) announced that UMW JDC Drilling Sdn. Bhd., a joint venture with Japan Drilling Company (“JDC”) has commenced the process of voluntary winding up. ...
OTHERS Consortium Agreement with Brooke Dockyard, Engineering Works Corporation & Samling Energy
11/29/2017 - Description Consortium Agreement with Brooke Dockyard and Engineering Works Corporation and Samling Energy Sdn Bhd ...
Subsea 7 to Discontinue of SapuraAcergy Joint Venture
10/17/2017 - Subsea 7 S.A. announced an agreement with Sapura Energy Berhad to discontinue the SapuraAcergy joint venture. SapuraAcergy’s heavy-lift and pipelay vessel, Sapura 3000, has been sold to a subsidiary o...
Thailand's PTT Interested in Petronas Offshore Gas Stake
2/22/2017 - Thailand's PTT Pcl is interested in bidding for a stake in the SK316 offshore gas block in Malaysia's state of Sarawak, Chief Executive Thewin Wongwanich said on Wednesday. ...
Java Offshore Acquires Asian Geos
1/24/2017 - Java Offshore has recently completed the acquisition of a majority stake in Asian Geos, a specialist Offshore Geotechnical and Geophysical service provider within the Asia Pacific market from both Gar...
Sparrows Group & SapuraKencana Petroleum Form Partnership in Malaysia
1/23/2017 - Sparrows Group is set to further grow our presence in the Asian Pacific market following the formation of a partnership with SapuraKencana Technology Sdn Bhd, a wholly-owned subsidiary of SapuraKencan...
Java Offshore Acquires Asian Geos Sdn Bhd
1/23/2017 - Java Offshore Sdn Bhd has recently completed the acquisition of a majority stake in Asian Geos Sdn Bhd, a specialist Offshore Geotechnical and Geophysical service provider within the Asia Pacific mark...
Trident Energy Looks to Invest in Southeast Asia Oil & Gas Assets
12/28/2016 - Private equity-backed Trident Energy will scour for oil and gas assets in Southeast Asia, with a focus on mid-life producing assets that can be redeveloped to create value, a senior executive told Reu...
Shell Completes the Sale of Shell Refining Company in Malaysia
12/22/2016 - Shell has completed the sale of its 51% shareholding in the Shell Refining Company (Federation of Malaya) Berhad (SRC) in Malaysia, which includes the 125,000 barrel per day refinery in Port Dickson, ...
MMHE, EPIC Form JV to Provide Ship Repair Services at Kemaman
8/16/2016 - Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) reported that its subsidiary Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) and Eastern Pacific Industrial Corp. Berhad (EPIC) entered...
Investment in Carbonless Paper Converting Company in Malaysia
5/27/2016 - Marubeni Corporation (Maruben”) and Oji Holdings Corporation (Oji Holdings) has entered into a Sale and Purchase agreement to acquire 76% of the shares of leading Malaysian thermal and carbonless pape...
Malaysia's SapuraKencana Forms JV to Undertake Oil & Gas Projects in Brunei
8/3/2015 - Malaysia's SapuraKencana Petroleum Berhad, through its wholly-owned subsidiary SapuraKencana Brunei, formed a joint venture with Euthalia Energy Solutions Sdn Bhd and RSK Petroleum Sdn Bhd to undertak...
Yinson & Premuda JV to Acquire FPSO Four Rainbow to Bid for Future Projects
7/30/2015 - Malaysia's Yinson Holdings Berhad's indirect subsidiary Yinson Heather Ltd. (YHL) entered into a Joint Venture Deed Thursday with Italy's Premuda's unit Four Vanguard Servicos E Navegacao LDA (FVSN) -...
MEO Australia, Brooke Dockyard to Cooperate on E&P Projects in Malaysia
6/17/2015 - MEO Australia Limited reported that the company and Malaysia-based Brooke Dockyard & Engineering Work Corporation (Brooke) signed an agreement to form a consortium to cooperate to identify and jointly...
Tanjung & Drilltec Form JV to Tap Malaysia Drilling Market
1/2/2015 - Malaysia's investment holding company Tanjung Offshore Berhad (TOB) announced that the it had received Jan. 2 the Certificate of Incorporation (Form 9) dated Dec. 30, 2014 from the Companies Commissio...
Petronas to Acquire Phillips 66 Interest in MRC
11/11/2014 - PETRONAS has reached an agreement with Phillips 66 Asia Ltd to acquire its 47 percent interest in Malaysian Refining Company Sdn Bhd (MRC), which will result in PETRONAS wholly owning MRC. ...
Plexus Completed the Formation of New Malaysian Joint Venture
8/13/2014 - Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, announces that its subsidiary Plexus ...
Murphy Oil's Malaysia Assets Draw Interest from Mitsubishi, ONGC
7/17/2014 - Mitsubishi Corp has submitted a non-binding bid to buy Murphy Oil Corp's Malaysian oil and gas assets valued at about $2.5 billion, a person familiar with the matter told Reuters. ...

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