Press Releases
SapuraKencana Petroleum Berhad to Acquire the Interest of PETRONAS in 3 Blocks Offshore South Vietnam
Date: 20.11.2014.

SapuraKencana Petroleum Berhad today announced that it has entered into Sale and Purchase Agreements to acquire the entire interest of PETRONAS in 3 blocks offshore south Vietnam (Blocks 01/97 & 02/97, Blocks 10&11.1, Block 46-CN) for a total purchase price of US$400 million. The economic effective date of the transaction is January 1, 2014 and SapuraKencana is entitled to net revenues from these Blocks from that date.

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