PTTEP, partners sign farm-out deals for Malaysia’s Lang Lebah, B14 gas fields
Bitget2026/11/02 07:29- PTTEP signed farm-out agreements on Nov. 2, 2026, for joint investment in Malaysia's Lang Lebah and B14 offshore gas fields.
- The pre-development fields lie approximately 14 kilometers apart, with estimated combined resources exceeding 6,500 billion cubic feet.
- Integrated development would allow shared infrastructure to improve development efficiency and project economics.
- TotalEnergies will operate both fields with 30% stakes; PTTEP and KUFPEC will each hold 25%.
- PETRONAS Carigali will hold the remaining 20% in each field, subject to transaction approval from Malaysia Petroleum Management.
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