Welligence Malaysia M&A | Malaysia expansion: EnQuest acquires interests in four PSCs from PETRONAS for US$833 million
June 23, 2026
On 10 June 2026, EnQuest announced the proposed acquisition of participating interests in four offshore Malaysian PSCs from PETRONAS, structured across three separate, non-inter-conditional packages: SK8 and Balingian PSCs (Package 1), the D35-D21-J4 PSC (Package 2), and the PM6-12 PSC (Package 3).