Company Movemedium confidence
TotalEnergies to Take Control of Upstream Projects for Malaysia LNG
www.rigzone.com · November 2, 2026 · Week 2026-45
Summary
TotalEnergies has agreed to acquire a 30% operating stake in the SK410B Lang Lebah and B14 gas fields offshore Malaysia. This move expands the IOC's gas and LNG portfolio in Southeast Asia, reflecting its global strategy of securing low-cost gas resources which also guides its investments in the MENA region.
Strategic Implication
Highlights TotalEnergies' continued focus on expanding its global gas and LNG portfolio, a strategy that also underpins its major investments in Qatar and the UAE.