REG-TotalEnergies SE Malaysia: TotalEnergies Signs Agreements to Acquire Operated Interest in Two Major Offshore Gas Fields
Business Wire•02/11/2026•02:00 ET
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Key Highlights
- ➤TotalEnergies agrees to acquire 30% operated interests in Lang Lebah and B14 gas fields
- ➤Lang Lebah and B14 development targets over 6.5 trillion cubic feet of gas resources
- ➤Integrated project targets production plateau of around 10 billion cubic meters annually
- ➤Transactions require regulatory approval; PTTEP, KUFPEC and PCSB retain 25%, 25% and 20%
- ➤TotalEnergies CEO Patrick Pouyanné says project will create another large-scale Malaysian gas hub
Expert Statements
Patrick Pouyanné, Chairman and CEO of TotalEnergies
“The development of Lang Lebah and B14 resources will allow the creation of another large-scale gas hub in Malaysia, leveraging shared infrastructure, to supply gas to Malaysia LNG and meet the growing LNG demand in Asia.”
Patrick Pouyanné, Chairman and CEO of TotalEnergies
“These agreements mark another important step in our strategy to strengthen our integrated gas position in Malaysia, following the acquisition of SapuraOMV in 2024 and the expansion of our long-standing partnership with PETRONAS in 2025.”
Malaysia: TotalEnergies Signs Agreements to Acquire Operated Interest in Two Major Offshore Gas Fields
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces the signing of agreements with PETRONAS Carigali Sdn Bhd (PCSB), PTTEP and KUFPEC to acquire a 30% operated interest in the Lang Lebah and B14 gas fields, located off the coast of Sarawak, Malaysia.
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