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 ...

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 ...

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.