Malaysian oil and gas exploration and production company Hibiscus Petroleum Bhd has acquired Spanish energy major Repsol Exploración, S.A.'s upstream assets in Malaysia and Vietnam for a cash ...

Hibiscus Petroleum Country Head for Malaysia and Vietnam Pascal Hossaid said, “We have had interest in PM327 for some years now and we are grateful to PETRONAS Carigali for offering us this ...

Hibiscus Petroleum, which also has assets in Australia and the United Kingdom, entered the Malaysia-Vietnam lease area some three years ago with the $123.7-million acquisition of Fortuna ...

Hibiscus Petroleum Bhd’s indirect wholly-owned subsidiary, Peninsula Hibiscus Sdn Bhd, Kuala Lumpur, completed the acquisition of the entire equity interest in Fortuna International Petroleum ...

Hibiscus Oil & Gas Malaysia Ltd. (HML), a wholly owned subsidiary of Hibiscus Petroleum Bhd., discovered oil in the Bunga Aster-1 exploration well in the PM3 commercial arrangement area production ...

The agreement, effective from 1 January 2028 to 31 December 2047, involves Hibiscus Oil & Gas Malaysia, Petronas and Vietnam Oil and Gas Group (Petrovietnam).

Malaysia’s Hibiscus Petroleum is planning before end-September to bring on stream its April 2023 Bunga Lavatera discovery on Block PM3 CAA production sharing contract in the Malaysia-Vietnam ...

In a statement, Hibiscus Petroleum said the agreement was for the continuation of the PM3 commercial arrangement area production sharing contract (PM3 CAA PSC) and upstream gas sales agreement (UGSA).

Hibiscus Petroleum Bhd. has declared a discovery in the offshore Malaysia-Vietnam agreement area, expecting to put the well into production this month. Hitting up to 46 meters (150.9 feet) of ...