Malaysia: TotalEnergies Signs Agreements to Acquire Operated Interest in Two Major Offshore Gas Fields
TotalEnergies sees the agreements as a further step in strengthening its integrated gas position in Malaysia.
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Lang Lebah, one of Malaysia’s largest offshore gas discoveries, and the nearby B14 field are planned to be developed as an integrated project. This combined development is expected to unlock more than 6.5 trillion cubic feet of gas resources (equivalent to more than 1 billion barrels of oil equivalent) to supply the existing Malaysia LNG liquefaction plant with a production plateau of around 10 billion cubic meters per annum (BCMA).
“The development of Lang Lebah and B14 resources will allow the creation of another large-scale gas hub in
Upon completion of the transactions, which are subject to regulatory approvals, TotalEnergies will hold a
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TotalEnergies is a global integrated multi-energy company that produces and markets energies: oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables and electricity. Our more than 100,000 employees are committed to providing as many people as possible with energy that is more affordable, more available and more sustainable. Present in around 120 countries, TotalEnergies places sustainable development at the heart of its strategy, its projects and its operations.
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Source: TotalEnergies SE