Hibiscus to buy North Sea Anasuria Cluster oilfield stake for RM199mil


PETALING JAYA: Hibiscus Petroleum Bhd has entered into a sale and purchase agreement to acquire a 50% stake in the producing fields of the Anasuria Cluster oil and gas fields, in the North Sea, for US$52.5mil (RM199.1mil).

The acquisition includes a floating production storage and offloading (FPSO) facility.

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