Petros inks first PSC for offshore exploration
KUCHING: Petroleum Sarawak Berhad (Petros) through Petroleum Sarawak Exploration and Production Sdn Bhd (PSEP) has been awarded its first production sharing contract (PSC) with Sarawak Shell Berhad (SSB) and Petronas Carigali Sdn Bhd (PCSB). Under the PSC, SSB as operator of the contract, gets 85 percent equity while PSEP and PCSB get 7.5 percent respectively. […]
Petros donates RM140,280 to state disaster fund
KUCHING: Petroleum Sarawak Berhad (Petros) today handed over a contribution of RM140,280 to the Sarawak Disaster Management Committee (SDMC) state disaster fund. Chairman of its Board of Directors, Tan Sri Hamid Bugo presented a cheque for the amount to SDMC chairman Datuk Amar Douglas Uggah at his office in Wisma Bapa Malaysia here. In a […]
Involve local contractors in state’s O&G industry
KUCHING: Sarawak Petroleum Contractors Association (Speca) wants Petroleum Sarawak Berhad (Petros) to involve local contractors in the state’s oil and gas (O&G) industry. Speca president Datuk Rahman Lariwoo said Petros should look into the participation of local contractors according to their area of expertise. “We recognise that there are about 500 Sarawak O&G contractors registered […]
New O&G consortium formed
KUCHING: The Sarawak Petroleum Contractors Association (Speca) aims to be a major player in Sarawak’s oil and gas industry through the establishment of Speca Consortium Sdn Bhd. According to a report by the Sarawak Public Communications Unit (Ukas), Speca president Datuk Rahman Lariwoo expressed confidence that members of the consortium would be able to guide […]
Oil mining leases to benefit Miri
MIRI: The issuance of the oil mining leases to Petroleum Sarawak Berhad (Petros) to two oil blocks — Adong Kecil West in Miri and the Engkabang area south of Marudi — will benefit not only in the oil and gas (O&G) sector but also the economic sector. Deputy Chief Minister Datuk Amar Awang Tengah Ali […]
Vital milestone in claiming our rights
KUCHING: It was yet another historic moment for the Sarawak when the commercial settlement agreement between the state and national oil and gas company Petroliam Nasional Berhad (Petronas) was signed on Monday. Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan said both the state government and Petronas had agreed to establish a consultative framework […]
Petronas, Sarawak govt to draw up framework
KUCHING: Following the signing of a commercial settlement agreement between Sarawak and Petronas, a framework will be established that will see the state become more actively involved in onshore oil and gas production activities through Petroleum Sarawak Berhad (Petros), including developing the Sarawak Gas Master Plan. Petronas president and group chief executive officer Tengku Muhammad […]
New chapter in oil and gas development
KUCHING: The Commercial Settlement Agreement signed by the Sarawak government and Petroliam Nasional Berhad (Petronas) will open a new chapter in efforts to further boost the development of the oil and gas industry in the state. The Prime Minister’s Office (PMO), in a statement on Monday (Dec 7), said it would also open various business […]
Step in the right direction to take active role
KUCHING: Sarawak government has taken the right step to ensure that the state plays an active role in the oil and gas industry. Tupong assemblyman Fazzrudin Abdul Rahman added that Sarawakians should be proud of the moves by Chief Minister Datuk Patinggi Abang Johari Tun Openg to set up the state’s own oil and gas […]
‘We are not getting supplies elsewhere’
KUCHING: Serembu assemblyman Miro Simuh has slammed the opposition and its supporters for saying that the Sarawak government is getting supplies from national oil company Petronas for the supply of Petroleum Sarawak Berhad’s (Petros) brand of liquefied petroleum gas (LPG) in the state. He said as the Petros-branded LPG was just recently launched, it cannot […]
