PARIS, June 14, 2024--Regulatory News: TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has entered into an agreement to sell its wholly-owned subsidiary TotalEnergies EP (Brunei) B.V. to Hibiscus ...

TotalEnergies has entered into an agreement to sell its wholly-owned subsidiary TotalEnergies EP B.V. to Hibiscus Petroleum Berhad, a Malaysian independent oil and gas exploration and production ...

Block B, located 85 kilometers off the coast of Brunei, contains the Maharaja Lela/Jamalulam (MLJ) field, which started producing in 1999 and represented a net production for TotalEnergies of ...

French oil and gas major TotalEnergies will sell its Brunei business to Malaysian independent exploration and production firm Hibiscus Petroleum for $259.4 million, both companies said on Friday.

Hibiscus Petroleum Bhd. has agreed to buy TotalEnergies EP (Brunei) BV from TotalEnergies SE for $259.4 million. TotalEnergies EP (Brunei) holds a 37.5 percent stake as operator of Block B, which ...

For Hibiscus, the asset is expected to add a net of up to 21.7 MMboe to the its 2P reserves, an increase of 36% to 82.6 MMboe from 60.9 MMboe, while total daily net production of oil, condensate ...

TotalEnergies EP (Brunei) owns and operates a 37.5% interest in Block B, alongside Shell Deepwater Borneo (35%) and Brunei Energy Exploration (27.5%). Block B, located 85 kilometres off the coast of ...

(RTTNews) - TotalEnergies (TTE, TTE.L) said that it agreed to sell its wholly-owned subsidiary TotalEnergies EP (Brunei) B.V. to Hibiscus Petroleum Berhad, a Malaysian independent oil and gas ...

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has entered into an agreement to sell its wholly-owned subsidiary TotalEnergies EP (Brunei) B.V. to Hibiscus Petroleum Berhad, a Malaysian ...

TotalEnergies said that it agreed to sell its wholly-owned subsidiary in Brunei to Hibiscus Petroleum Berhad, a Malaysian independent oil and gas exploration and production company, for $259 million.

TotalEnergies SE TTE announced that it has entered into an agreement with Hibiscus Petroleum Berhad to sell its subsidiary TotalEnergies EP (Brunei) B.V. for $259 million. Subject to necessary ...