EnQuest buys Exxon’s interest in offshore Malaysia fields

EnQuest PLC, through its wholly owned subsidiary EQ Petroleum Production Malaysia Ltd, has entered into the agreement to acquire ExxonMobil Exploration and Production Malaysia Inc.’s interest in the Seligi oil field and the PM8 PSC, located offshore Malaysia. The agreement is subject to the approval of Petroliam Nasional Berhad (“PETRONAS”) and satisfaction of certain conditions precedent. […]