TotalEnergies to develop Lang Lebah and B14 gas fields in Malaysia

TotalEnergies has signed agreements to acquire a 30% operated interest in the Lang Lebah and B14 gas fields located off the coast of Sarawak, Malaysia. The company will partner with PETRONAS Carigali Sdn Bhd (PCSB), PTTEP, and KUFPEC to develop these fields as an integrated project.

The Lang Lebah and B14 development is expected to unlock more than 6.5 trillion cubic feet of gas resources, which is equivalent to over 1 billion barrels of oil equivalent. The project aims for a production plateau of approximately 10 billion cubic meters per annum to supply the existing Malaysia LNG liquefaction plant and meet rising LNG demand in Asia.

Upon completion of the transactions, which are subject to regulatory approvals, the ownership structure will consist of TotalEnergies (30% operated interest), PTTEP (25%), KUFPEC (25%), and PCSB (20%). This move follows TotalEnergies' 2024 acquisition of SapuraOMV and the expansion of its partnership with PETRONAS in 2025.