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OIL & GAS

INPEX expands Malaysian footprint with Block 2A stake acquisition

Japanese independent will operate the drilling of the Kertang prospect offshore Sarawak

Rueben Hale
President & CEO of Inpex Corporation Takayuki Ueda. Pictured behind is the location of Block 2A containing the prized Kertang prospect, a significant structure with an estimated 1.7 billion barrels of oil equivalent.

President & CEO of Inpex Corporation Takayuki Ueda. Pictured behind is the location of Block 2A containing the prized Kertang prospect, a significant structure with an estimated 1.7 billion barrels of oil equivalent. | Credits: Seascape Energy/Inpex

Japanese energy major Inpex has bolstered its upstream position in south-east Asia, acquiring a 42.5 % interest in Malaysia's Block 2A production sharing contract from UK-based Seascape Energy Asia.   ...

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