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1. www.rigzone.com › news › hibiscus_petroleum_toHibiscus Petroleum to Acquire Stake in Malaysia-Vietnam PSC

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   Aug 27, 2024 · An indirect subsidiary of Malaysia’s Hibiscus Petroleum Berhad is acquiring a stake in the Block PM327 Production Sharing Contract (PSC).

2. www.rigzone.com › news › hibiscus_petroleum_makesHibiscus Petroleum Makes Oil Discovery in Malaysia-Vietnam ...

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   May 1, 2024 · Hibiscus Petroleum Bhd. has declared a discovery in the offshore Malaysia-Vietnam agreement area, expecting to put the well into production this month.

3. www.hibiscuspetroleum.comHibiscus Petroleum | Delivering Value through Production ...

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   Hibiscus Petroleum Berhad is Malaysia’s first listed independent oil and gas exploration and production company. We focus on delivering value from producing oilfields and growing our portfolio of development and production assets in areas of our geographical focus.

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4. www.hibiscuspetroleum.com › corporate-profileHibiscus Petroleum | About Us

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   Aug 23, 2024 · Acquisition of the PM3 Commercial Arrangement Area (CAA) PSC from Repsol was completed in January 2022 and lies within the CAA established between Malaysia and Vietnam. It is our largest source of gas production, with gas being piped to Malaysia and Vietnam.

5. www.worldoil.com › news › 2024/4/29Hibiscus Petroleum makes second oil discovery from Bunga ...

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   Apr 29, 2024 · Hibiscus Petroleum Berhad (Hibiscus Petroleum) is Malaysia’s first listed independent oil and gas exploration and production company. Its key activities are focused on monetizing its...

6. www.hibiscuspetroleum.com › malaysia-vietnam-caaMalaysia-Vietnam Commercial Arrangement Area - Hibiscus Petroleum

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   Production. Producing Fields: Bunga Orkid, Bunga Pakma, Bunga Raya, Bunga Seroja, Bunga Kekwa, Bunga Tulip, Bunga Lavatera. Development Type: Fixed platforms with gas pipelines to Peninsular Malaysia and Vietnam, oil export via FSO Orkid and FSO PM3 CAA. Acquisition Completion Date: 24 January 2022. Office Locations:

7. People also ask

   Who is Hibiscus Oil & Gas Malaysia Limited (HML)?

   • (WO) – Hibiscus Petroleum Berhad’s subsidiary Hibiscus Oil & Gas Malaysia Limited (“HML”) has successfully completed the drilling of the Bunga Aster-1 exploration well. The Bunga Aster-1 well encountered approximately 17.5 m of oil-bearing sandstone with up to 46 m of potential oil column.

   Hibiscus Petroleum makes second oil discovery from Bunga Aster

   www.worldoil.com/news/2024/4/29/hibiscus-petroleum-makes-second-oil-discovery-from-bunga-aster-exploration-well-offshore-malaysia-vietnam/

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   When will oil production start in Malaysia?

   • First oil production is expected to begin in May 2024. Hibiscus is the operator of the PM3 Commercial Arrangement Area Production Sharing Contract (“PM3 CAA PSC”). PM3 CAA is in the “Commercial Arrangement Area between Malaysia and Vietnam,” according to Hibiscus, in 56 m water depth.

   Hibiscus Petroleum makes second oil discovery from Bunga Aster

   www.worldoil.com/news/2024/4/29/hibiscus-petroleum-makes-second-oil-discovery-from-bunga-aster-exploration-well-offshore-malaysia-vietnam/

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   Is Bunga aster-1 a'significant discovery' in Malaysia-Vietnam PSC?

   • Hitting nearly 151,000 feet of potential oil column, Bunga Aster-1 is the second “significant discovery” within a year in the Malaysia-Vietnam PSC. Hibiscus Petroleum Bhd. has declared a discovery in the offshore Malaysia-Vietnam agreement area, expecting to put the well into production this month.

   Hibiscus Petroleum Makes Oil Discovery in Malaysia-Vietnam ... - Rigzone

   www.rigzone.com/news/hibiscus_petroleum_makes_oil_discovery_in_malaysiavietnam_agreement_area-01-may-2024-176590-article/

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   Will Repsol acquire Malaysian & Block 46 Vietnam assets?

   • Commenting on the Proposed Acquisition, Managing Director, Dr Kenneth Pereira, said, “We are pleased to announce that after an international, competitive bidding process, we have been selected by Repsol to acquire their Malaysian and Block 46 Vietnam assets.

   Hibiscus Petroleum Announces the Transformative Acquisition of High

   ir2.chartnexus.com/hibiscuspetroleum/docs/press/HPB Press Release Acquisition.pdf

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8. ir2.chartnexus.com › hibiscuspetroleum › docsHibiscus Petroleum Announces the Transformative Acquisition ...

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   Acquisition of Repsol’s interest in oil & gas assets comprising 5 PSCs in Malaysia and Vietnam for USD212.5 million. Group’s oil and condensate production to more than double from 9,000 barrels per day to 18,500 barrels per day in 2022.