White & Case has advised French energy group TotalEnergies on its $903 million acquisition of a 50 percent stake in Malaysia-headquartered SapuraOMV from Austrian oil and gas company OMV.
SapuraOMV was created in 2018 as a 50-50 joint venture between Malaysia’s Sapura Energy and OMV. It holds a 40 percent and 30 percent operating interest in blocks SK408 and SK310 respectively, which are both located offshore Sarawak in Malaysia, reported Reuters. It added that SapuraOMV also has exploration interests in Mexico, Australia, and New Zealand.
The White & Case team included partners Marc Petitier, Jérémie Marthan, Estelle Philippi, Valérie Ménard, Margot Berry, Laetitia Souesme, Mukund Dhar and Francisco de Rosenzweig, and local partner Roman Gonzalez Melo.
