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14.06.2024 07:55:56 - dpa-AFX: TotalEnergies To Sell Its Subsidiary In Brunei To Hibiscus Petroleum For $259 Mln
LA DEFENSE (dpa-AFX) - 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 exploration and production
company, for a consideration of $259 million.
The transaction is expected to close in the fourth quarter 2024.
TotalEnergies EP (Brunei) B.V. 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 kilometers off the coast of Brunei, contains the Maharaja
Lela/Jamalulam field, which started producing in 1999 and represented a net
production for TotalEnergies of approximately 9,000 barrels of oil equivalent
per day in 2023.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
sell its wholly-owned subsidiary TotalEnergies EP (Brunei) B.V. to Hibiscus
Petroleum Berhad, a Malaysian independent oil and gas exploration and production
company, for a consideration of $259 million.
The transaction is expected to close in the fourth quarter 2024.
TotalEnergies EP (Brunei) B.V. 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 kilometers off the coast of Brunei, contains the Maharaja
Lela/Jamalulam field, which started producing in 1999 and represented a net
production for TotalEnergies of approximately 9,000 barrels of oil equivalent
per day in 2023.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
| Name | WKN | Börse | Kurs | Datum/Zeit | Diff. | Diff. % | Geld | Brief | Erster | Schluss | |
|---|---|---|---|---|---|---|---|---|---|---|---|
 |
TOTALENERGIES SE EO 2,50 | 850727 | Frankfurt | 61,650 | 21.06.24 19:47:47 | -0,500 | -0,80% | 0,000 | 0,000 | 62,000 | 61,650 |
