GDF Suez enters Malaysian offshore jv

Kuala Lumpur: GDF Suez announced that the company has entered a jv to the offshore deepwater exploration Block 3F in Malaysia with Petronas Carigali and JX Nippon Oil & Gas Exploraiton.
 
The new exploration spot, covering an area of approximately 4,200 square meters with water depth from 100 to 1,200 meters, will strengthen the company’s position in Southeast Asia.
 
"GDF Suez reinforces its positioning in Asia-Pacific, a most promising region, through this new acquisition in exploration-production activities in Malaysia," Jean Marie Dauger, executive vice president of GDF Suez in charge of Global Gas & LNG Business Line said in a statement. [13/12/13]

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