Tag: PSEP

Premier: Four gas hubs to be created in Miri, Bintulu, Samalaju and Kuching

KUCHING: Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg disclosed that Petroleum Sarawak Berhad (PETROS) is targeting to create four gas hubs in Miri, Bintulu, Samalaju and Kuching. Through these hubs, he said it will serve the whole of Sarawak through the ‘Hub and Spoke’ model which will deliver statewide access to sufficient and […]

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. […]