LNG

French major TotalEnergies, a shareholder in the Angola LNG export plant, has finalized the sale for $400 million to a unit of Malaysian energy company Petronas of a stake in Block 20 in the Kwanza Basin offshore the Angolan coast.

Australian LNG operator Woodside Petroleum has completed its acquisition of a stake valued at more than US$600 million from UK-listed Cairn Energy, giving it overall control of the oil development in Senegal offshore West Africa, which has emerged as a major Atlantic Margin oil and gas province amid major discoveries.