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SapuraOMV agrees to divest its stakes in Peninsular Malaysia producing assets SapuraOMV Upstream (Malaysia) Inc ( SapuraOMV ), has agreed to sell its entire interests, under SOMV Upstream (PM) Inc. in various producing assets, located offshore Peninsular Malaysia to Jadestone Energy PLC, a Singapore-based, London-listed, an independent oil and gas company. These producing assets are PM323, PM329, PM318 and AAKBNLP Production Sharing Contracts (the PM Assets ). The agreed purchase price is USD 9 million, subject to closing adjustments. There are also contingent payments of up to USD 6 million dependent on certain oil price criteria being met. The effective date of the transaction is January 1, 2021. SapuraOMV s average year-to-date net entitlement production of the PM Assets is around 6 thousand barrels oil equivalent per day.

City ofUnited kingdomPeninsular malaysiaMalaysia generalCarigali sdnShahril shamsuddinPeninsular malaysia to jadestone energyBpm incSapuraomv upstream malaysia inc sapuraJadestone energySharing contractsJoint ventureTan sri shahril shamsuddinநகரம் ஆஃப்ஒன்றுபட்டது கிஂக்டம்தீபகற்பம் மலேசியா