Sabah’s first near-shore LNG development reaches final investment decision

March 8, 2023

Dateline 2022-12-27, The Edge:

Petroliam Nasional Bhd (Petronas) has reached the final investment decision (FID) for a near-shore liquefied natural gas (LNG) facility in Sabah.

The engineering, procurement, construction and commissioning (EPCC) contract for the project was awarded to the winner of the dual-front-end engineering design competition in October last year.

Sabah Chief Minister Datuk Seri Hajiji Noor said the LNG project is a step in the right direction, as the state government continues to pursue more deals to get additional revenue via equity participation for Sabah.

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Sabah wants more young people in oil and gas industry, says CM

October 20, 2022

Dateline 2022-07-23, The Edge:

The Sabah government wants more young people in the oil and gas industry in line with efforts to develop the industry in the state, said Chief Minister Datuk Seri Hajiji Noor.

He said Sabah had recorded a historic achievement through the establishment of SMJ Sdn Bhd, which is a fully state-owned oil and gas company, following the signing of the commercial cooperation agreement (CCA) with Petronas last year.

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Sabah earns RM1.4b via petroleum sales tax in 2021

February 7, 2022

How do I break into Sabah?

Dateline 2021-12-07, Malay Mail:

Sabah has projected an earning of RM1.4 billion from the newly-implemented sales tax from oil and gas companies this year, Chief Minister Datuk Seri Hajiji Noor said today.

Hajiji said the number was revised from the initial RM1.25 billion, due to the increase in global commodity prices.

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Sabah, Petronas ink historic agreement on oil and gas development

January 14, 2022

Dateline 2021-12-07, FMT:

The Sabah government and Petronas today signed a Commercial Collaboration Agreement (CCA) to further enhance the collaboration between the two parties in developing the oil and gas industry in the state.

The signing ceremony was held in the state capital and was witnessed by chief minister Hajiji Noor and Petronas chairman Mohd Bakke Salleh.

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Petronas to build Sabah’s first nearshore LNG facility at SOGIP, says chief minister

November 5, 2021

Dateline 2021-10-30, The Edge:

The Sabah state cabinet has endorsed the building of Sabah’s first nearshore liquefied natural gas (LNG) facility by national oil company Petronas at the Sipitang Oil and Gas Industrial Park (SOGIP), said Chief Minister Datuk Hajiji Noor. 

He said the LNG project, subject to a “final investment decision” in 2022, is a step in the right direction, as the state government continues to pursue more deals to get additional revenue via equity participation. 

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Sabah expects to have bigger say in oil and gas development with CSA, says CM

October 4, 2021

Dateline 2021-09-23, Malay Mail:

Initial discussions with Petronas indicate that a Commercial Settlement Agreement (CSA) may be reached soon, allowing Sabah to have a more significant role in its oil and gas development.

Sabah Chief Minister Datuk Seri Hajiji Noor said that the state government’s most recent meeting with Petronas took place on August 24, and that discussions were also held with Putrajaya via Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz, and the response has been “very positive”.

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