.French major TotalEnergies has signed an agreement to acquire a 50 percent interest in Malaysian independent gas producer and operator Sapura-OMV Upstream, a Malaysian-Austrian joint venture and some of whose feed-gas assets are delivered to the Bintulu LNG plant.
Indonesia’s Minister of Energy and Mineral Resources Arifin Tasrif said 68 of the country's 128 oil and gas basins remained entirely unexplored and that international energy companies would receive better terms for exploration and production in the country where the Abadi LNG project is advancing along with the Tangguh LNG expansion.
Chiyoda Corp., the leading Japanese energy and liquefied natural gas engineering company, said revenues fell while profits rose as it completed its work on the US Cameron LNG plant in Louisiana, while proceeding with two other projects, Golden Pass in Texas and the Tangguh LNG expansion in Indonesia.