Share seismic data on oil and gas resources, Sarawak CM urges Petronas

June 6, 2019

What is this Petros you speak about? Was it part of King’s Landing? And talk about the crown jewels.

Dateline 2019-04-14, Malay Mail:

Sarawak Chief Minister Datuk Abang Johari Openg today asked Petroliam Nasional Berhad (Petronas) to share its seismic data on oil and gas reserves in the state’s territorial boundary with Petroleum Sarawak Berhad (Petros).

“They have the seismic data. We want to know the data. Let’s share the data with Petros,” he said when addressing the Sarawak Oil and Gas Seminar and Exhibition here.


DUBS to hold O&G Seminar and Exhibition

May 9, 2019

DUBStep, official dance?

Dateline 2019-03-28, Borneo Post:

The Sarawak Bumiputera Chamber of Entrepreneurs (DUBS) will hold the Sarawak Oil and Gas Seminar and Exhibition 2019 in collaboration with Suarah Petroleum Group (SPG) and the Malaysian Oil and Gas Services Council at Imperial Hotel here on April 13-14.

Co-organising chairman Hamim Yusuf said the seminar is supported by the Sarawak government, Petros, and Petronas.

“The main theme of the event is ‘Now or Never!’, with a tagline of ‘Sarawak – Able, Capable, Willing’,” Hamim said in a press release yesterday.


Standing firm over oil and gas

December 7, 2018

Dateline 2018-10-14, Borneo Post:

Chief Minister Datuk Patinggi Abang Johari Tun Openg has reiterated that Sarawak will not compromise on regulatory rights over its oil and gas activities.
He said the state had amended its Oil Mining Ordinance (OMO) 1958 to further strengthen the regulatory rights over oil and gas activities in Sarawak.
“I would like to assure you once again that we will not compromise on the issue of Sarawak oil and gas. The oil and gas are ours and the OMO 1958 gave us full control over oil and gas in our state.
“Other parties (industry players) can develop our resources and our gas but they cannot do so if they do not have licences issued by the State of Sarawak through PETROS (Petroleum Sarawak Bhd),” he said during the parade and rally in conjunction with Sarawak Yang di-Pertua Negeri Tun Abdul Taib Mahmud’s 82nd birthday celebration at Dataran Tun Tuanku Haji Bujang here yesterday.


Time for Petros to lay out its plans

December 4, 2018

Yeah, since Sabah wants to emulate them.

Dateline 2018-10-11, FMT:

It has been over one and a half years since the announcement to set up Petroleum Sarawak Bhd (Petros) was made. Until today, no specifics have been released by the Sarawak government or its Chief Minister Abang Johari Openg.

As days go by, more questions emerge such as the amount of initial paid-up and working capital the state government will inject to get Petros operational, and who will make up the senior management aside from Saau Kakok who has been announced as its CEO.

Saau is a former special projects vice-president of US-based independent oil company, Hess Corporation.

Abang Johari, when announcing the setting up of Petros in 2017, said: “Petros is expected to be in operation within six months because we must get our side ready for us to get involved in upstream oil and gas (O&G) activities.”


‘Politics need not dominate oil royalty talks’

October 27, 2018

And here’s me thinking, isn’t politics the point of the talks?

Dateline 2018-08-01, Borneo Post:

Chief Minister Datuk Patinggi Abang Johari Tun Openg says the issue of oil royalty needs to be discussed professionally between Petronas, representing the federal government, and Petros, which represents the Sarawak government.

He said politics must not be too dominant in the discussion, which was now ongoing between the two parties.

According to him, the discussion started following the Federal Court decision in June to dismiss Petronas’s proceeding to obtain court declaration to have exclusive ownership on oil and gas resources in the state.


Malaysia’s top court dismisses Petronas’ bid to challenge Sarawak’s control over oil

September 5, 2018

Linkbait and the historical record.

Dateline 2018-06-22, Straits Times:

Malaysia’s top court on Friday (June 22) turned down Petroliam Nasional’s (Petronas) application for leave to proceed with its bid to control oil resources and activities in Sarawak state.

National oil company Petronas had last month filed legal papers in the Federal Court seeking a declaration that it is the exclusive owner of the petroleum resources in the country, including in Sarawak state.

This came after Sarawak was granted complete mining rights over its territory in March by the federal government and formed its own oil and gas company, Petros.


PH has urged Sarawak government to amend PDA

July 14, 2018

Dateline 2018-06-06, NST:

Sarawak Pakatan Harapan has urged the state government to amend the Petroleum Development Act 1974 (PDA).

Its chairman Chong Chieng Jen said if this was not done, the ownership and control of oil and gas industry in Sarawak would remain with Petroliam Nasional Bhd (Petronas).

He said the Chief Minister Datuk Patinggi Abang Johari Abang Openg had refused to do so and insisted that PDA was irrelevant in Sarawak.

“He (Abang Johari) has been saying the PDA is irrelevant and claimed that the state has the full regulatory authority over the upstream and downstream aspects of the oil and gas industry, with the establishment of the Petroleum Sarawak Berhad (Petros).