TotalEnergies Completes the Acquisition of the Upstream Gas Assets of SapuraOM
12.11.2024 By Tank Terminals - NEWS

December 11, 2024 [Total Energies]- TotalEnergies finalized the acquisition of the interests of OMV (50%) and Sapura Upstream Assets (50%) in SapuraOMV Upstream (SapuraOMV), an independent gas producer in Malaisia.

 

SapuraOMV’s main assets are its 40% operated interest in block SK408 and 30% operated interest in block SK310, both located offshore Sarawak in Malaysia. In 2024, SapuraOMV’s operated production (100%), supported by the start-up of the Jerun gas field in July, is expected to reach approximately 590 Mcf/d of natural gas, feeding the Bintulu LNG plant operated by Petronas, as well as 10 kb/d of condensates. The assets have production costs (ASC932) below 5 $/boe and an overall emission intensity below 10 kg CO2e/boe.

 

Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Northeast Asia Ships First Jet Fuel to Europe Since Iran War, Sources Say
05.22.2026 - NEWS
May 22, 2026 [Reuters]- Northeast Asia has shipped its first ​jet fuel cargo to Europe since th... Read More
Inpex Signs Agreements for Offtake from Abadi LNG Project
05.22.2026 - NEWS
May 22, 2026 [Yahoo Finance]- Japan’s Inpex has signed agreements in principle with multipl... Read More
ADNOC Warns Gulf Oil Disruptions Could Last Until 2027
05.22.2026 - NEWS
May 22, 2026 [Oil Price]- It still seems that oil markets are believing their own theories more t... Read More
Japan’s Crude Imports from Middle East Slump to Lowest on Record
05.22.2026 - NEWS
May 22, 2026 [Oil Price]- Japan in April imported the lowest volume of crude oil from the Middle ... Read More