acquires

 
 

Petronas acquires 30pc equity in Senegal's Rufisque block

KUALA LUMPUR, Aug 13 — Petronas through its subsidiary PC Senegal Ltd, recently signed a farm-in agreement with TOTAL E&P Senegal SAS, a subsidiary of TOTAL, to acquire 30 per cent participating interest in the Rufisque Offshore Profond block,…


Petronas acquires 30% interest in Senegal exploration block

PETALING JAYA: Petroliam Nasional Bhd (Petronas) through its subsidiary PC Senegal Ltd, recently signed a Farm-in Agreement with TOTAL E&P Senegal SAS, a subsidiary of TOTAL, for a 30% participating interest in the Rufisque Offshore Profond block, marking its entry into Senegal.

TOTAL will maintain operatorship with 60% equity alongside Société Nationale des Pétroles du Sénégal (Petrosen), which holds the remaining 10%.

The Rufisque Offshore Profond block covers an area of 10,357 square kilometres, offshore Senegal with a water depth ranging from 100m to 3000m. It is located in the vicinity of recent significant oil and gas discoveries in blocks namely St Louis Profond and Cayar Profond and Rusfique Sangomar OffShore Deep (RSSD).

Upon completion on the interpretation of the acquired 3D seismic data and once a prospect has been identified and evaluated, exploration drilling activities will commence in the Rufisque Offshore Profond block in 2019.

The farm-in is aligned with PETRONAS’ Upstream strategy to grow its exploration portfolio in West Africa, where it is operator of an ultra-deep water block in Gabon and currently looking to explore further in the region.


Petronas acquires 30% interest in Senegal exploration block

PETALING JAYA: Petroliam Nasional Bhd (Petronas) through its subsidiary PC Senegal Ltd, recently signed a Farm-in Agreement with TOTAL E&P Senegal SAS, a subsidiary of TOTAL, for a 30% participating interest in the Rufisque Offshore Profond block, marking its entry into Senegal.

TOTAL will maintain operatorship with 60% equity alongside Société Nationale des Pétroles du Sénégal (Petrosen), which holds the remaining 10%.

The Rufisque Offshore Profond block covers an area of 10,357 square kilometres, offshore Senegal with a water depth ranging from 100m to 3000m. It is located in the vicinity of recent significant oil and gas discoveries in blocks namely St Louis Profond and Cayar Profond and Rusfique Sangomar OffShore Deep (RSSD).

Upon completion on the interpretation of the acquired 3D seismic data and once a prospect has been identified and evaluated, exploration drilling activities will commence in the Rufisque Offshore Profond block in 2019.

The farm-in is aligned with PETRONAS’ Upstream strategy to grow its exploration portfolio in West Africa, where it is operator of an ultra-deep water block in Gabon and currently looking to explore further in the region.


Petronas acquires 30% interest in Senegal exploration block

PETALING JAYA: Petroliam Nasional Bhd (Petronas) through its subsidiary PC Senegal Ltd, recently signed a Farm-in Agreement with TOTAL E&P Senegal SAS, a subsidiary of TOTAL, for a 30% participating interest in the Rufisque Offshore Profond block, marking its entry into Senegal.

TOTAL will maintain operatorship with 60% equity alongside Société Nationale des Pétroles du Sénégal (Petrosen), which holds the remaining 10%.

The Rufisque Offshore Profond block covers an area of 10,357 square kilometres, offshore Senegal with a water depth ranging from 100m to 3000m. It is located in the vicinity of recent significant oil and gas discoveries in blocks namely St Louis Profond and Cayar Profond and Rusfique Sangomar OffShore Deep (RSSD).

Upon completion on the interpretation of the acquired 3D seismic data and once a prospect has been identified and evaluated, exploration drilling activities will commence in the Rufisque Offshore Profond block in 2019.

The farm-in is aligned with PETRONAS’ Upstream strategy to grow its exploration portfolio in West Africa, where it is operator of an ultra-deep water block in Gabon and currently looking to explore further in the region.


Petronas acquires 30% interest in Senegal exploration block

PETALING JAYA: Petroliam Nasional Bhd (Petronas) through its subsidiary PC Senegal Ltd, recently signed a Farm-in Agreement with TOTAL E&P Senegal SAS, a subsidiary of TOTAL, for a 30% participating interest in the Rufisque Offshore Profond block, marking its entry into Senegal.

TOTAL will maintain operatorship with 60% equity alongside Société Nationale des Pétroles du Sénégal (Petrosen), which holds the remaining 10%.

The Rufisque Offshore Profond block covers an area of 10,357 square kilometres, offshore Senegal with a water depth ranging from 100m to 3000m. It is located in the vicinity of recent significant oil and gas discoveries in blocks namely St Louis Profond and Cayar Profond and Rusfique Sangomar OffShore Deep (RSSD).

Upon completion on the interpretation of the acquired 3D seismic data and once a prospect has been identified and evaluated, exploration drilling activities will commence in the Rufisque Offshore Profond block in 2019.

The farm-in is aligned with PETRONAS’ Upstream strategy to grow its exploration portfolio in West Africa, where it is operator of an ultra-deep water block in Gabon and currently looking to explore further in the region.


Petronas acquires 30% interest in Senegal exploration block

PETALING JAYA: Petroliam Nasional Bhd (Petronas) through its subsidiary PC Senegal Ltd, recently signed a Farm-in Agreement with TOTAL E&P Senegal SAS, a subsidiary of TOTAL, for a 30% participating interest in the Rufisque Offshore Profond block, marking its entry into Senegal.

TOTAL will maintain operatorship with 60% equity alongside Société Nationale des Pétroles du Sénégal (Petrosen), which holds the remaining 10%.

The Rufisque Offshore Profond block covers an area of 10,357 square kilometres, offshore Senegal with a water depth ranging from 100m to 3000m. It is located in the vicinity of recent significant oil and gas discoveries in blocks namely St Louis Profond and Cayar Profond and Rusfique Sangomar OffShore Deep (RSSD).

Upon completion on the interpretation of the acquired 3D seismic data and once a prospect has been identified and evaluated, exploration drilling activities will commence in the Rufisque Offshore Profond block in 2019.

The farm-in is aligned with PETRONAS’ Upstream strategy to grow its exploration portfolio in West Africa, where it is operator of an ultra-deep water block in Gabon and currently looking to explore further in the region.


Petronas acquires 30% interest in Senegal exploration block

PETALING JAYA: Petroliam Nasional Bhd (Petronas) through its subsidiary PC Senegal Ltd, recently signed a Farm-in Agreement with TOTAL E&P Senegal SAS, a subsidiary of TOTAL, for a 30% participating interest in the Rufisque Offshore Profond block, marking its entry into Senegal.

TOTAL will maintain operatorship with 60% equity alongside Société Nationale des Pétroles du Sénégal (Petrosen), which holds the remaining 10%.

The Rufisque Offshore Profond block covers an area of 10,357 square kilometres, offshore Senegal with a water depth ranging from 100m to 3000m. It is located in the vicinity of recent significant oil and gas discoveries in blocks namely St Louis Profond and Cayar Profond and Rusfique Sangomar OffShore Deep (RSSD).

Upon completion on the interpretation of the acquired 3D seismic data and once a prospect has been identified and evaluated, exploration drilling activities will commence in the Rufisque Offshore Profond block in 2019.

The farm-in is aligned with PETRONAS’ Upstream strategy to grow its exploration portfolio in West Africa, where it is operator of an ultra-deep water block in Gabon and currently looking to explore further in the region.


Petronas acquires 30% interest in Senegal exploration block

PETALING JAYA: Petroliam Nasional Bhd (Petronas) through its subsidiary PC Senegal Ltd, recently signed a Farm-in Agreement with TOTAL E&P Senegal SAS, a subsidiary of TOTAL, for a 30% participating interest in the Rufisque Offshore Profond block, marking its entry into Senegal.

TOTAL will maintain operatorship with 60% equity alongside Société Nationale des Pétroles du Sénégal (Petrosen), which holds the remaining 10%.

The Rufisque Offshore Profond block covers an area of 10,357 square kilometres, offshore Senegal with a water depth ranging from 100m to 3000m. It is located in the vicinity of recent significant oil and gas discoveries in blocks namely St Louis Profond and Cayar Profond and Rusfique Sangomar OffShore Deep (RSSD).

Upon completion on the interpretation of the acquired 3D seismic data and once a prospect has been identified and evaluated, exploration drilling activities will commence in the Rufisque Offshore Profond block in 2019.

The farm-in is aligned with PETRONAS’ Upstream strategy to grow its exploration portfolio in West Africa, where it is operator of an ultra-deep water block in Gabon and currently looking to explore further in the region.


Berjaya Corp acquires 98% stake in Just KPop

PETALING JAYA: Berjaya Corp Bhd's (BCorp) wholly-owned subsidiary Berjaya HR Café Ltd has acquired 98% equity interest in South Korea's Just KPop Ltd (JKP), for KRW98 million(RM354,172).

The group told the stock exchange that following the subscription of 19,600 common stocks at par value of KRW5,000 (RM17.87) each, JKP has now become a 98%-owned subsidiary of BCorp.

JKP, which has not commenced operations, is intended to carry out food and beverages businesses and restaurants as its principal activities.

It was incorporated in South Korea under the Korean Commercial Act with an issued share capital of KRW100 million (RM357,473.68) comprising 20,000 common stocks at KRW5,000 each.


Dialog acquires remaining 20% stake in Langsat Terminal 1 and 2

1

KUALA LUMPUR: Dialog Group Bhd‘s unit is acquiring the remaining 20% interests in Langsat Terminal (One) Sdn Bhd and Langsat Terminal (Two) Sdn Bhd from Puma Energy Asia Pacific BV for a total sum of RM59.6mil. As part of the deal, Dialog Terminals Sdn Bhd will take over Puma’s portion of shareholder’s loan to the Langsat Terminals amounting to RM32.4mil. The two Langsat terminals are principally engaged in the provision of centralised tankage and tank terminal facilities to the O&G and petrochemicals industry. According to filing with the stock exchange, theRead More