TotalEnergies buys Malaysian gas firm SapuraOMV Upstream, boosting its presence in the region.

TotalEnergies has finalized the purchase of SapuraOMV Upstream, a Malaysian gas producer, from OMV and Sapura Upstream Assets. This acquisition enhances TotalEnergies' presence in Malaysia, providing significant stakes in key oil and gas blocks with low production costs and emissions. The company, active in Malaysia since 1985, also partners with Petronas on a CO2 storage project in the region.

3 months ago
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