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Sep 11, 2018 · Sapura Energy Berhad (Sapura Energy) and OMV on 9 November 2018 signed a Share Subscription Agreement and a Shareholders’ Agreement to form a strategic partnership. Under the agreements, OMV Exploration and Production GmbH (OMV E&P), a wholly-owned subsidiary of OMV Aktiengesellschaft, will buy a 50 per cent stake of the enlarged issued share capital in a newly-formed joint venture company ...
Malaysia. Synergy for growth . Building on current capabilities to create one of the leading international oil companies (IOCs) in Asia-Pacific; Kuala Lumpur as a base for regional growthSapuraOMV, headquartered in Kuala Lumpur is a 50:50 joint venture between Sapura Energy Berhad and OMV Aktiengesellschaft.
Apr 22, 2024 · Sapura Energy Bhd is selling its remaining 50% stake in SapuraOMV Upstream Sdn Bhd, an exploration and production (E&P) unit it bought in 2014, to TotalEnergies Holdings SAS for US$705.3 million (RM3.37 billion) — comprising US$530.3 million cash and US$175 million relief on debt obligations.
Jan 31, 2024 · Download the Press Release (PDF) Paris, January 31, 2024 – TotalEnergies has signed an agreement with OMV to acquire its 50% interest in Malaysian independent gas producer and operator SapuraOMV Upstream Sdn (SapuraOMV) for a consideration of $903 million (including the transfer of a $350 million loan granted by OMV to SapuraOMV), subject to customary closing adjustments.
Nov 9, 2018 · OMV will pay USD 540 mn for a 50% interest in SUP at closing by subscribing to newly issued shares. In addition, the parties agreed to an additional consideration of up to USD 85 mn based on certain conditions mainly linked to the resource volume in Block 30, Mexico at the time of taking the final investment decision.
Apr 22, 2024 · Download the Press Release (PDF) Paris, April 22, 2024 – TotalEnergies has signed an agreement with Sapura Upstream Assets Sdn Bhd (SUA) to acquire its 50% interest in Malaysian independent gas producer and operator SapuraOMV Upstream Sdn (SapuraOMV) for a consideration of $530 million, subject to closing adjustments. Closing is expected in the second half of 2024.
Feb 1, 2024 · Austrian oil and gas company OMV has agreed to sell its 50% stake in the Malaysian-headquartered SapuraOMV to French energy group TotalEnergies for $903 million, OMV and TotalEnergies said in ...
Feb 1, 2019 · OMV and Sapura Energy Berhad have closed the agreement to form a strategic partnership.
Jan 2, 2019 · Sapura Energy Berhad (Sapura Energy) and OMV Aktiengesellschaft (OMV AG) have successfully concluded their strategic partnership agreement on 31 st January 2019. This is a key milestone for both companies as we move forward with our aligned vision of creating a leading independent oil and gas company.
Feb 7, 2019 · Sapura Energy Berhad. Publication Source: The Sun Daily. Sapura Energy Bhd and Austria’s OMV Aktiengesellschaft (OMV AG) have concluded their strategic partnership agreement, whereby Malaysia will remain as the main hub to expand the business in Asia Pacific and Mexico.
