TotalEnergies sells 9.998% stake in Malaysia’s SK408 block to PTTEP
TotalEnergies has completed the sale of a minority stake in a Malaysian offshore gas block to PTTEP, while retaining its operator role and a majority share.
| Sector | Gaz, Gaz naturel |
|---|---|
| Theme | Investissements & Transactions, Transfert d'Actifs Énergétiques |
TotalEnergies has finalised an agreement to divest an indirect 9.998% interest in block SK408 in Malaysia to PTT Exploration and Production Public Company Limited (PTTEP). The French group retains a 30.002% stake in this gas block located offshore East Malaysia, along with its operator status.
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