Petronas to remain as licensing authority in Sarawak’s O&G industry (and rebuttal)

For the sake of argument, I am going to publish the rebuttal first:

THE Malaysian Oil and Gas Services Council (MOGSC) wishes to rebutt over a statement printed in The Malaysian Reserve on July 3, 2019, with reference to the oil and gas (O&G) licensing authority in Sarawak. Under no circumstances were we given guidance as mentioned, nor did we mention we received such guidance from Petroliam Nasional Bhd. However, in our many engagements with all the relevant stakeholders, MOGSC is made to understand that at this point in time, no additional licenses are required by service contractors to provide services or products in the O&G industry in Sarawak until further notice. MOGSC has responsibly conveyed this to our members, and we currently look to both stakeholders for further instructions. As the largest umbrella association in the Malaysian O&G industry, representing close to 500 O&G service providers, MOGSC is constantly engaging with relevant stakeholders to seek clarity for the bene t of our members. MOGSC members who provide O&G services spreading over the entire supply chain, look forward to having better clarity on this matter as we continue to provide support in developing our O&G industry in Malaysia.

Dateline 2019-07-03, The Malaysian Reserve:

OIL and gas (O&G) players will be allowed to operate as Petroliam Nasional Bhd (Petronas)-licensed companies in Sarawak as long as they comply with the state’s new requirements.

Malaysian O&G Services Council (MOGSC) president Sharifah Zaida Nurlisha Syed Ibrahim said this was the guidance provided by Petronas, in relation to Sarawak assuming regulatory control over its O&G resources via state-owned vehicle Petroleum Sarawak Bhd (Petros).

“Petronas is talking with Petros to leverage on the current arrangement, whereby O&G companies will be allowed to operate in Sarawak with Petronas licensing as long as they comply with tweaking with regard to localisation.

“Ultimately, the status quo will remain, but with tweaks from Petros to allow for localisation (of certain services and activities),” she told The Malaysian Reserve (TMR).

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