SapuraOMV Divest Stakes in Peninsular Malaysia Producing Asset

Monday, August 2, 2021

SapuraOMV announced the completion of the transaction to sell its entire interests, held by SapuraOMV Upstream (PM) Inc. in various producing assets, located offshore Peninsular Malaysia to Jadestone Energy PLC, a Singapore-based, London-listed independent oil and gas company. 

These producing assets are stakes in the PM323, PM329, PM318 and AAKBNLP Production Sharing Contracts.

Categories: Contracts Energy Offshore Energy Malaysia

Related Stories

Indonesia’s Mako Gas Project on Track for First Gas in 2027

Technology as Enabler of Energy Security in Offshore Asia

Saipem Poised for Middle East Repair Work After Iran War

Oil Prices Jump as Ships Come Under Fire in Strait of Hormuz

Jadestone Secures Gas Sales Deal for Fields Offshore Vietnam

Strike Threat Grows at Ichthys LNG after Workers Reject Deal

Saipem Bags $400M in Offshore Contracts from Aramco in Saudi Arabia

Japan to Launch $10B Fund to Help Asia Secure Oil

Strohm to Supply Insulated TCP Jumpers for Malaysia’s Offshore Project

Eni: New Gas Discoveries in Libya

Current News

Vessel Sector Deep Dive: WTIVs

Indonesia’s Mako Gas Project on Track for First Gas in 2027

CNOOC’s First Quarter Profit Rises on Higher Oil Prices, Output

UAE Exit Weakens OPEC, Raises Risk of Price War

United Arab Emirates Exits OPEC and OPEC+

Technology as Enabler of Energy Security in Offshore Asia

Saipem Poised for Middle East Repair Work After Iran War

Middle East Conflict Jolts Offshore Drilling Market

Bureau Veritas Expands Offshore Services with New Asia Hub

Valeura Charters Shelf Drilling’s Jack-Up Rig for Gulf of Thailand Ops

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com