Dateline 2025-10-29, Free Malaysia Today:
KOTA KINABALU: Sabah’s oil and gas returns have surged in recent years, with more revenue streams on the way thanks to new asset acquisitions in the pipeline.
SMJ Energy Sdn Bhd CEO Dionysia Kibat said plans drawn up to expand the company’s portfolio will hopefully be concluded by next year.
“We are just ‘setahun jagung’ — that is to say, still young. So the firm still has a lot of assets and resources to acquire,” she told FMT.
“As we speak now, we are also looking at a few more acquisitions in both upstream and downstream sectors. We hope that we can finalise it, if possible, within the next few months either by the end of the year or early next year, at the latest.”
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Wata - Malaysian Oil and Gas Engineer 