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Acquisitions and Divestitures News in Malaysia

INPEX to Transfer Interest in Block S to Santos
9/1/2014 - Inpex Corporation announced that through its wholly-owned subsidiary, INPEX Offshore Northwest Sabah, Ltd, it has reached an agreement to transfer a 25% participating interest in the Deep-Water Block ...
Roc Oil Farms out in PSC for Three Fields Offshore Malaysia
5/30/2014 - Roc Oil (Sarawak) Sdn Bhd, a wholly owned subsidiary of ROC, has entered into a Letter of Intent to farm-out a 20% participating interest in the Production Sharing Contract (PSC) for the three field...
Roc Farms into PSC Offshore Malaysia
4/1/2014 - Roc Oil Company Limited, is pleased to announce the farm in to a Production Sharing Contract (PSC) which includes three fields D35, D21 and J4 (Fields), located offshore Malaysia in water depths of ap...
Marathon Announces Purchase of Biodiesel Facility from Felda Iffco
2/3/2014 - Marathon Petroleum Corporation announced that it has signed an agreement to purchase a facility in Cincinnati, Ohio from Felda Iffco Sdn Bhd, Malaysia. The plant currently produces several products in...
Mubadala Petroleum Moves Forward in Malaysia
1/19/2014 - Mubadala Petroleum has coupled recent exploration success with expanding interests to develop its position offshore Malaysia. ...
Salamander Signs Malaysian PSC
12/11/2013 - Salamander has signed a Production Sharing Contract (“PSC”) for Block PM322, located in the Melaka Straits on the Malay side of the Central Sumatra Basin, offshore West Coast Peninsular Malaysia. Bloc...
Petronas & Brunei Authorities Sign Agreement for Mutual Benefit
12/9/2013 - PETRONAS is pleased to announce a number of agreements that have been signed with the Brunei petroleum authorities towards deepening mutually beneficial cooperation in the oil and gas industry between...
Newfield Signs Purchase Agreement for its Malaysian Business
10/22/2013 - Newfield Exploration Company announced the signing of a share purchase agreement to sell all of its equity interests in Newfield Malaysia Holdings to SapuraKencana Petroleum Berhad for a total cash co...
Lundin Receives Approval for Bertam Field Development Plan
10/10/2013 - Lundin Petroleum AB is pleased to announce that its wholly owned subsidiary Lundin Malaysia BV has received approval for the Bertam Field Development Plan from PETRONAS. The Bertam field is the first ...
JX Nippon Signs PSC with PETRONAS for Deepwater Block Offshore Malaysia
9/19/2013 - JX Nippon Oil & Gas Exploration Corporation (President: Mr. Shigeo Hirai) is pleased to announce that JX Nippon Oil & Gas Exploration Corporation has entered into a Production Sharing Contract (PSC) f...
Conocophillips, Shell and Carigali Win Block Sb311
12/13/2012 - PETRONAS has awarded a Production Sharing Contract (PSC) for Block SB311 offshore Sabah to a partnership of ConocoPhillips Sabah Gas Ltd., Shell Energy Asia Limited and PETRONAS Carigali Sdn Bhd. ...
Lundin Acquires New Malaysian Acreage & Operatorship
6/3/2011 - Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that its wholly owned subsidiary, Lundin Malaysia B.V. has entered into an agreement with PETRONAS Carigali Sdn Bhd to farm-in to Block PM...
Petronas to Award Marginal Oil Field Contracts
1/27/2011 - Malaysia's state oil firm Petronas will award two marginal oil field contracts by April as the Southeast Asian country seeks to reverse declining output, local media reported. ...
Petronas & Basf Sign Mou to Explore Joint Investment
12/6/2010 - PETRONAS and BASF signed a Memorandum of Understanding (MoU) to undertake a joint feasibility study to produce specialty chemicals in Malaysia, a move that would extend the two parties’ existing busin...
Total Acquires a Deep Offshore Exploration Block
11/22/2010 - Total announces that it has signed an agreement with the national oil company Petronas to acquire a 85% interest in the Block SK317B, offshore Malaysia. Under the terms of the agreement, Total will op...
Total Acquires Interest in Deep Offshore Exp. Block
11/19/2010 - Total announces that it has signed an agreement with the national oil company Petronas to acquire a 85% interest in the Block SK317B, offshore Malaysia. Under the terms of the agreement, Total will op...

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