IN BRIEF: EnQuest says USD833 million Malaysia buy to go ahead in full
10th Jul 2026 13:27
EnQuest PLC - oil and gas producer in the UK and Malaysia - The agreement EnQuest announced last month to buy interests in four offshore production-sharing contracts in Malaysia via a reverse takeover will go ahead in full, it says on Friday, after the existing partners in one of the PSCs decided against exercising their pre-emption rights. EnQuest Petroleum Production Malaysia Ltd in June entered three separate farm-out agreements with Petronas Carigali Sdn Bhd and E&P Malaysia Venture Sdn Bhd. Petronas Carigali is the upstream arm of Petroliam Nasional Bhd, or Petronas, the state oil company of Malaysia. Read More