OMV AG

08/02/2021 | Press release | Distributed by Public on 08/02/2021 00:23

SapuraOMV announces the closing of the transaction to divest its stakes in Peninsular Malaysia producing assets

SapuraOMV announces the closing of the transaction to divest its stakes in Peninsular Malaysia producing assets

SapuraOMV today announces the completion of the transaction to sell its entire interests, held by SapuraOMV Upstream (PM) Inc. in various producing assets, located offshore Peninsular Malaysia to Jadestone Energy PLC, a Singapore-based, London-listed independent oil and gas company. These producing assets are stakes in the PM323, PM329, PM318 and AAKBNLP Production Sharing Contracts.