Acquisitions and Divestitures News in Malaysia
| 3/15/2023 - Sarawak Shell Berhad (“SSB”), a subsidiary of Shell plc, has completed the previously announced sale of its stake in two offshore production sharing contracts (PSC) in the Baram Delta to Petroleum Sa... |
| 2/27/2023 - The Executive Board of OMV has decided to explore the possibilities of selling the E&P assets in the Asia-Pacific region and to initiate the related sales process for the potential divestment of its 5... |
| 2/23/2023 - PETRONAS and the Sabah State Government continue to expand the collaboration in the oil and gas industry through a Heads of Agreement (HOA) signed between PETRONAS Carigali Sdn Bhd (PCSB), a wholly-ow... |
| 2/15/2023 - INPEX CORPORATION (INPEX) announced it has executed Production Sharing Contracts (PSC) today with Petroliam Nasional Berhad (PETRONAS), PETRONAS Carigali Sdn. Bhd. (PCSB) and Petroleum Sarawak Explora... |
| 1/17/2023 - PETRONAS signed Production Sharing Contracts (PSCs) for three clusters of Discovered Resource Opportunities (DRO) marketed under the Malaysia Bid Round (MBR) 2022. The A Cluster was awarded ... |
| 1/17/2023 - Dagang NeXchange Berhad’s (“DNeX”) subsidiary, Ping Petroleum Sdn Bhd (“PPSB”), signed two Production Sharing Contracts (“PSCs”) with Petroliam Nasional Berhad (“PETRONAS”) for discovered oil and gas ... |
| 12/13/2022 - Sarawak Shell Berhad (“SSB”), a subsidiary of Shell plc, has agreed to sell its stake in two offshore production sharing contracts (PSC) in the Baram Delta to Petroleum Sarawak Exploration & Productio... |
| 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... |
| 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 ... |
| 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... |
| 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... |
| 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... |
| 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 ... |
| 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... |
| 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... |
| 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... |
| 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 ... |
| 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... |
| 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... |
| 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 ... |
