O&G industry under state law


This may be a historical note, maybe not.

Dateline 2018-04-20, Borneo Post:

Actions and penalties will be taken against any person or company including its contractors, sub-contractors and vendors operating in Sarawak without licences issued by the state government when the new regulatory framework over the oil and gas industry comes into force effective this July 1.

In order to ensure an orderly implementation of these new policies by the state government, Chief Minister Datuk Patinggi Abang Johari Tun Openg said an engagement with all industry players including Petronas will be held in the middle of next month (May).

“This is to inform them (industry players) about the state’s new regulatory framework over the upstream and downstream aspects of the oil and gas industry in Sarawak,” he told a press conference after witnessing the signing of a land lease agreement for the development of an integrated supply base at Bintulu Port in a leading hotel here yesterday.

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