French energy major TotalEnergies has signed agreements to acquire a 30 percent operated interest in two Malaysian offshore fields. The transaction encompasses the Lang Lebah and B14 gas fields. Together, the combined project is projected to unlock more than 6.5 trillion cubic feet of gas resources. According to the company, these newly secured reserves will directly supply the Malaysia LNG liquefaction plant.
Nov 2 : French oil major TotalEnergies said on Monday it had signed agreements to buy a 30 per cent operated interest in the Lang Lebah and B14 offshore gas fields in Malaysia.
The combined project is expected to unlock over 6.5 trillion cubic feet of gas resources to supply the Malaysia LNG liquefaction plant, the company added.
Source: Reuters
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