Sapura Energy unit completes divestment of 50% stake in SapuraOMV


KUALA LUMPUR: Sapura Energy Bhd has announced that its wholly-owned subsidiary Sapura Upstream Assets Sdn Bhd has completed the sale of its 50% equity interest in SapuraOMV Upstream Sdn Bhd to TotalEnergy Holdings SAS.

"The completion of this divestment marks a key milestone in the company’s broader reset plan for the long-term sustainable and viable future of Sapura Energy Group," said Sapura Energy Interim chairman Shahin Farouque Jammal Ahmad in a statement.

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