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SK earthon partners with PETROS for Sarawak exploration

KUCHING: Deputy Premier Datuk Amar Awang Tengah Ali Hasan praised SK earthon for their collaboration with Petroleum Sarawak Berhad (PETROS) on the SK427 oil and gas exploration project offshore Sarawak. In a statement today (August 4), Awang Tengah, who also the Minister for International Trade, Industry, and Investment, said that he met with Seong Myeong, […]

In search of new oil reserves for Sarawak’s industrialisation

KUCHING: The Sarawak government is exploring new oil and gas blocks onshore and offshore to ensure adequate volumes are available for Sarawak’s journey towards industrialisation. Chief Minister Datuk Patinggi Tan Sri Abang Johari Tun Openg said there was a pressing need to intensify localisation of gas supply and utilisation in the state. “This is to […]

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 […]