TotalEnergies sells Brunei unit to Malaysia's Hibiscus Petroleum for $259m

TotalEnergies sells Brunei unit to Malaysia's Hibiscus Petroleum for $259m

Photo by Pixabay

French oil and gas major TotalEnergies will sell its Brunei business to Malaysian independent exploration and production firm Hibiscus Petroleum for $259.4 million, both companies said on Friday.

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