MARKETS

TotalEnergies acquires remaining 50% share of Malaysia's SapuraOMV

The US$530m transaction is expected to be closed in H2 2024

The headquarters of TotalEnergies. Credit: Shutterstock/HJBC

TotalEnergies announced on Monday that it will acquire another 50% share in Malaysia's upstream gas operator SapuraOMV, which gives the French company full ownership. This US$530 million agreement follows...

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