SapKen wins three Petronas oil blocks in Vietnam for RM1.4bil


Shahril:

PETALING JAYA: SapuraKencana Petroleum Bhd (SapKen) has won the bid to acquire the entire interest of Petroliam Nasional Bhd (Petronas) in three oil blocks offshore South Vietnam for a total purchase price of US$400mil (RM1.35bil).

The closing of the transaction though is still subject to the approval of the relevant government authorities.

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