natural gas

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01.02.2024 • News

OMV to Divest Upstream Gas Assets in Malaysia to TotalEnergies

Austrian oil, gas and chemicals group OMV has signed an agreement to divest its 50% stake in Malaysia’s natural gas producer SapuraOMV Upstream to TotalEnergies for $903 million, including the transfer of a $350 million loan granted by OMV to SapuraOMV.

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22.06.2022 • News

Qatar Awards first North Field Contracts

The emirate of Qatar has begun signing agreements with US and European energy majors for the country’s planned $30 billion expansion of its North Field, which is believed to harbor the world’s largest natural gas reserves. TotalEnergies is taking the top slot.

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