Place O&G revenue in sovereign fund for future
KUCHING: Seventy-five percent of the state’s oil and gas revenue obtained from onshore oil and gas exploration through Petroleum Sarawak Berhad (Petros) should be kept in a sovereign fund, opined political pundit Datuk Peter Minos. He said the remaining 25 percent should be put into current spendings for development in addition to the interests and […]
State committed to exercising regulatory control
THE state government is committed to exercising regulatory control over the exploration and mining of oil and gas (O&G) within the territorial boundaries of Sarawak in order to accomplish strategic objectives, including equity participation in existing offshore mining blocks and an established framework for the award of new offshore mining blocks. Deputy Chief Minister Datuk […]
State government to strengthen Petros’ role
THE Sarawak government will further strengthen the role of Petroleum Sarawak Berhad (Petros) in spearheading the state’s involvement in the oil and gas industry, especially in the downstream sectors. Chief Minister Datuk Patinggi Abang Johari Tun Openg said this as the state is enforcing its constitutional authority over the distribution of gas through the Distribution […]
Taking over onshore oil, gas activities
BY SARAH HAFIZAH CHANDRA KUCHING: Petroleum Sarawak Berhad (Petros) is taking over the stewardship of Sarawak onshore oil and gas said its chairman Tan Sri Hamid Bugo. “I am happy to announce that Petros will be the steward of Sarawak’s onshore oil and gas activities. “We have revisited our purpose which is to harness our […]
Sarawak exerts rights on oil and gas
SIBU: Sarawak will exert its rights on exploration of oil and gas (O&G) under the Oil Mining Ordinance (OMO) 1958, said Chief Minister Datuk Patinggi Abang Johari Tun Openg. “We have our authority in implementing O&G taxes. There is something else I want to do two weeks from now with regard to O&G matters,” he […]
Key catalyst of Senari Synergy’s O&G aspiration
KUCHING: A motivated workforce is one of the key catalysts in realising Senari Synergy’s aspiration of becoming the state flagship for the provision of oil and gas facilities by 2030. According to Senari Synergy, under its motivated workforce, the company has embarked on three key programmes comprising Change@Synergy, Tranquility@Synergy and Fit@Synergy. It is said the […]
Permanent O&G office in Miri
State government sets aside RM720k BY TANIA LAM & SARAH HAFIZAH CHANDRA KUCHING:The state government has agreed to allocate RM720,000 for the Sarawak Oil and Gas Workers Association (Sogwa) to secure a permanent office in Miri. Sogwa president Jamal Abdullah said this would be a place for the association to run its operations and training. […]
O&G still worth investing in
KUCHING: Despite the rise of many other energy sources, Serba Dinamik Holdings Berhad (SDHB) group chief executive officer Datuk Dr Ir Mohd Abdul Karim Abdullah is of the view that the oil and gas (O&G) industry will continue to be a viable industry over the next few decades. “I often say that O&G will still […]
Collaboration to allot chemicals in Indonesia
KUALA LUMPUR: Petronas Chemicals Group Berhad (PCG) will collaborate with PT AKR Corporindo Tbk (PT AKR) to distribute chemicals across Indonesia. Methanol will be the first product to be distributed to customers in Indonesia. According to a statement today, a joint venture company will be formed by the subsidiaries of PCG and PT AKR respectively […]
Downstream workers need more houses
OIL AND GAS INDUSTRY KUCHING: UDA Holdings Berhad is welcomed to explore further opportunities for development and collaborations in Sarawak including housing facilities to meet the needs of the upcoming petrochemical hub in Kidurong. On this, Chief Minister Datuk Patinggi Abang Johari Tun Openg said there were locations in Sarawak in need of good housing […]
