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OMV, one of Austria's largest listed Industrial companies, produces and markets oil and gas, as well as chemical products and solutions in a responsible way and develops innovative solutions for a circular economy.
Apr 30, 2021 · SapuraOMV Upstream (Malaysia) Inc (“SapuraOMV”), has agreed to sell its entire interests, under SOMV Upstream (PM) Inc. in various producing assets, located offshore Peninsular Malaysia to Jadestone Energy PLC, a Singapore-based, London-listed, an independent oil and gas company.
SapuraOMV, headquartered in Kuala Lumpur, is a strategic partnership between Sapura Energy Berhad and OMV Exploration & Production GmbH, a subsidiary of Austria’s OMV Aktiengesellschaft....
Apr 22, 2024 · KUALA LUMPUR (April 22): 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.
Feb 27, 2023 · As part of the sales process, OMV, in coordination with competent regulators and governmental authorities, will invite potentially interested parties, in a first step, to submit expressions of interest and, in a second step, to submit binding offers.
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...
Apr 22, 2024 · 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.
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.
Feb 1, 2024 · TotalEnergies SE agreed to buy OMV AG’s stake in an independent Malaysian natural gas producer for $903 million, increasing the French energy giant’s presence in southeast Asia.
Apr 30, 2021 · Overview of the Assets. The Company will acquire interests in four licences, two of which will be operated by the Company. These include a 70% operated interest in the PM329 PSC, containing the East Piatu field, and a 60% operated interest in the PM323 PSC, which contains the East Belumut, West Belumut and Chermingat fields.
