Especially for us boutique service providers:
Dateline 2018-03-09, NST:
SARAWAK’s state oil corporation, Petroleum Sarawak Bhd (Petros), was officially launched earlier in the week by Chief Minister Datuk Patinggi Abang Johari Abang Openg in Kuching.
With a symbolic digital signature, the state chief executive finally made concrete a collective state aspiration to be an active player in the oil and gas sector, which Abang Johari described as strategically important to the socio-economic development objectives of Sarawak.
He marked the symbolic launch with a significant gesture in handing over to Petros chairman Tan Sri Hamid Bugo a state government licence, granting the new oil corporation the rights to mine oil and gas in Sarawak.
Abang Johari said: “Petros must build on its strategic presence in Sarawak to grow and deliver sustainable economic benefits via its business model, while, at the same time, safeguarding the interests of our state and its resources.”
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