Malaysia's Petronas acquires 30% in Senegal oil, gas block

The Petronas fuel station sign is seen at a petrol station outside Kuala Lumpur, Malaysia, March 1, 2016. REUTERS/Olivia Harris

Malaysian oil and gas company Petroliam Nasional Bhd (Petronas) said on Monday it has acquired a 30-per cent stake in Senegal’s Rufisque Offshore Profond block, its first project in the West African nation.

Oil major Total will maintain operatorship of the block with a 60-per-cent ownership, Petronas said in a statement.

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