
On 14 June 2024, Hibiscus Petroleum announced that it had entered into a conditional Share Purchase Agreement to acquire all of TotalEnergies’s Brunei portfolio for US$259.4 million, including net working capital and subject to agreed adjustments.

On 14 June 2024, Hibiscus Petroleum announced that it had entered into a conditional Share Purchase Agreement to acquire all of TotalEnergies’s Brunei portfolio for US$259.4 million, including net working capital and subject to agreed adjustments.