Petronas

Savannah Energy PLC has postponed its acquisition of oil and gas assets in South Sudan from Petronas for the third time, as it faces challenges from the pandemic, climate change, and the war in Ukraine.

Petronas, the Malaysian state-owned oil and gas company, has acquired a 40% stake in Block 20 in Angola’s Kwanza Basin from TotalEnergies, the French energy giant. The deal, which was…

Savannah Energy, a British independent energy company, is facing challenges in its bid to acquire oil and gas assets in South Sudan from Malaysia’s state-owned Petronas. The deal, worth up…

TotalEnergies, a globally recognized energy player, has formally announced its strategic decision to sell a 40% stake in the much-discussed Block 20, strategically situated in Angola’s oil-rich Kwanza Basin, to…