TotalEnergies acquires interest in various blocks offshore Malaysia from PETRONAS

PETALING JAYA: TotalEnergies SE enlarged its upstream portfolio in Malaysia through the acquisition of interest in several offshore blocks from Petroliam Nasional Bhd (PETRONAS).

In a statement, PETRONAS said it inked a strategic cooperation agreement (SCA) and two farm out agreements (FOAs) with TotalEnergies to “broaden their upstream collaboration in Malaysia”.