TotalEnergies sells 9.9% stake in Malaysia's block SK408 to PTTEP [Yahoo! Finance]
TotalEnergies SE Ordinary Shares (TTE)
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Source: Yahoo! Finance
With this sale, TotalEnergies will have a 30.002% interest in the asset. Block SK408 is a gas development project operated by TotalEnergies and forms part of the company's upstream portfolio in Malaysia. TotalEnergies exploration and production president Nicolas Terraz said: “With this transaction, TotalEnergies ensures efficient management of its portfolio in Malaysia, while strengthening ties with PTTEP, a long-standing partner of our company. “Together with PTTEP, we look forward to further contributing to the development of Malaysia's energy resources.” TotalEnergies has been operating in Malaysia since 1985 and is a partner of Petronas, Malaysia's state-owned oil company. This latest transaction in Malaysia comes after TotalEnergies completed the acquisition of the remaining 50% stake in SapuraOMV in December last year from Sapura Upstream Assets for $530m (€450.24m), and additional stakes in Malaysian blocks from Petronas Carigali in June this year. After the acquis
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TTE
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- 10/30/25 - Miss
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- 12/8/25 - Form 25-NSE
- 12/8/25 - Form 8-A12B/A
- 12/8/25 - Form 6-K
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