Mergers and Acquisitions News in Malaysia

PETRONAS Completes Sale of E&P O&M Services
3/30/2022 - PETRONAS Carigali Sdn Bhd (PCSB) announced the completion of the transaction for the transfer of its entire ownership in E&P O&M Services Sdn. Bhd. (EPOMS) to Janamurni Sdn. Bhd.

EPOMS is...
TNB Forays into UK Offshore Wind, Vantage RE Forms Strategic Partnership with EDF Renewables
10/20/2021 - Tenaga Nasional Berhad (TNB)’s wholly-owned subsidiary, Vantage RE Ltd. (Vantage RE) has signed a Share Purchase Agreement (SPA) to acquire a 49% stake in an offshore wind farm company, Blyth Offshore...
LyondellBasell Announces Acquisition of PolyPacific Polymers Sdn. Bhd
6/30/2021 - LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, announced it has acquired 100 percent of PolyPacific Polymers Sdn. Bhd. (PPM) in Port Klang, Malaysia.
Shareholders Approve DNeX’s Plan to Increase its Stake in Ping to 90%
6/18/2021 - Dagang NeXchange Berhad (“DNeX”) has received approval from shareholders after its Extraordinary General Meeting for the company’s proposed acquisition of an additional 60 per cent stake in Ping Petro...
Vahana Offshore to Merge with Eversendai
7/1/2020 - Eversendai Corporation Bhd announced to undertake the proposed acquisition of 100% equity interest in Vahana Offshore (M) Sdn Bhd (Vahana) and its subsidiaries for a purchase consideration price of RM...
PETRONAS to Acquire Asia's Leading Distributed Energy Solutions Provider
4/15/2019 - PETRONAS has entered into an agreement with I Squared Capital, a leading global infrastructure investor, to acquire 100% interest in Amplus Energy Solutions Pte Ltd, also known as M+, a leading Singap...
Murphy Oil Announces Strategic Sale of Malaysian Portfolio to PTTEP for $2.127B
3/21/2019 - Murphy Oil has announced that a subsidiary has signed a sale and purchase agreement to divest the fully issued share capital of its two primary Malaysian subsidiaries, Murphy Sabah Oil and Murphy Sara...
Sapura Energy Receives Shareholders Approval for Upstream JV
1/29/2019 - Sapura Energy Berhad has received shareholders approval for the 50:50 strategic partnership with Austria’s OMV Aktiengesellschaft. In a statement, the group said the proposal was passed with 99.98% of...
OMV & Sapura Energy Enter into a Strategic Partnership
11/11/2018 - Sapura Energy and OMV have signed a Share Subscription Agreement and a Shareholders’ Agreement to form a strategic partnership. Under the agreements, OMV Exploration & Production OMV E&P), a wholly-ow...
OMV Signs Heads of Agreement with Sapura Energy
9/12/2018 - OMV has entered into a Heads of Agreement with Sapura Energy to form a strategic partnership. The parties have agreed to continue negotiations on an exclusive basis. OMV intends to acquire a 50% inter...
Petronas & Aramco Announce Formation of Their Two New Joint Ventures in Malaysia
3/28/2018 - Petroliam Nasional Berhad (PETRONAS), the national oil company of Malaysia, and Saudi Aramco, the national oil company of Saudi Arabia, are pleased to announce the formation of two joint ventures for ...
UMW-OG JV with Japan Drilling Company
2/26/2018 - UMW OIL & GAS CORPORATION BERHAD (“UMW-OG”) announced that UMW JDC Drilling Sdn. Bhd., a joint venture with Japan Drilling Company (“JDC”) has commenced the process of voluntary winding up. ...
OTHERS Consortium Agreement with Brooke Dockyard, Engineering Works Corporation & Samling Energy
11/29/2017 - Description Consortium Agreement with Brooke Dockyard and Engineering Works Corporation and Samling Energy Sdn Bhd ...
Subsea 7 to Discontinue of SapuraAcergy Joint Venture
10/17/2017 - Subsea 7 S.A. announced an agreement with Sapura Energy Berhad to discontinue the SapuraAcergy joint venture. SapuraAcergy’s heavy-lift and pipelay vessel, Sapura 3000, has been sold to a subsidiary o...
Thailand's PTT Interested in Petronas Offshore Gas Stake
2/22/2017 - Thailand's PTT Pcl is interested in bidding for a stake in the SK316 offshore gas block in Malaysia's state of Sarawak, Chief Executive Thewin Wongwanich said on Wednesday. ...
Java Offshore Acquires Asian Geos
1/24/2017 - Java Offshore has recently completed the acquisition of a majority stake in Asian Geos, a specialist Offshore Geotechnical and Geophysical service provider within the Asia Pacific market from both Gar...
Sparrows Group & SapuraKencana Petroleum Form Partnership in Malaysia
1/23/2017 - Sparrows Group is set to further grow our presence in the Asian Pacific market following the formation of a partnership with SapuraKencana Technology Sdn Bhd, a wholly-owned subsidiary of SapuraKencan...
Java Offshore Acquires Asian Geos Sdn Bhd
1/23/2017 - Java Offshore Sdn Bhd has recently completed the acquisition of a majority stake in Asian Geos Sdn Bhd, a specialist Offshore Geotechnical and Geophysical service provider within the Asia Pacific mark...
Trident Energy Looks to Invest in Southeast Asia Oil & Gas Assets
12/28/2016 - Private equity-backed Trident Energy will scour for oil and gas assets in Southeast Asia, with a focus on mid-life producing assets that can be redeveloped to create value, a senior executive told Reu...
Shell Completes the Sale of Shell Refining Company in Malaysia
12/22/2016 - Shell has completed the sale of its 51% shareholding in the Shell Refining Company (Federation of Malaya) Berhad (SRC) in Malaysia, which includes the 125,000 barrel per day refinery in Port Dickson, ...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Industrial Development Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.