Dateline 2011-12-31:
2011 was an active year for Petronas with the national oil company increasing its presence in Sabah and re-energising the state’s oil and gas industry.
Petronas this year announced a whopping investment and its commitment to a combined capital expenditure of RM45 billion to implement an integrated oil and gas master plan for Sabah, involving the development of several upstream and downstream projects over the next few years.
The announcement received positive reactions and all-round support from the majority of the people and state leaders alike, although some said there was still room for improvement in Petronas’ presence in Sabah.
On Aug 4, Petronas general manager for Sabah and Labuan Regional Office, Joseph Podtung, said some of these projects had already started while others were expected to commence soon.
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Wata - Malaysian Oil and Gas Engineer 