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

GE Vernova Faces Revenue Hit After Offshore Wind Project Setbacks

Denmark, Germany Agree to Proceed with Bornholm Energy Island Wind Project

MFE Inspection Solutions Launches Offshore Division

Current News

Coastal Virginia Offshore Project Costs Increases to $11.5b

Equinor Extends Seadrill Drillship’s Stay off Brazil

MODEC Partners with Eld Energy, Delta to Advance FPSO Decarbonization

Conrad, Empyrean Agree Settlement Framework Over Duyung PSC Interests

Subscribe for OE Digital E‑News