TotalEnergies forges new partnership with PTTEP


Dateline 2025-12-16, Upstream:

French supermajor TotalEnergies has struck another partnership in Malaysia following completion of its acquisition of SapuraOMV last December and the purchase of multiple assets from Petronas Carigali in June this year.

TotalEnergies and PTTEP on Tuesday confirmed they had closed a deal for the French operator to divest a 9.998% indirect interest in its producing Block SK 408 offshore Sarawak, East Malaysia, to the Thai upstream player.

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