Dateline 2025-07-02, The Edge Malaysia:
MALAYSIA — with its gas basins, position in the centre of Southeast Asia and proximity to the Far East countries of China, Japan and South Korea, as well as India — is seen as a prime anchor point for TotalEnergies’ expansion in the region.
The French oil major kicked off its investment here by taking over SapuraOVM Upstream Sdn Bhd from Austria-based OMV and Sapura Energy Bhd last year. The acquisition gave the company operating interest in two blocks off Sarawak, mainly gas fields.
Last week, it sealed a deal with Petroliam Nasional Bhd (Petronas) to acquire a 50% operating working interest in two blocks off Sarawak — SK301b and SK313 — which contain gas discoveries amounting to more than four Tcf.
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