Sabahan firms could secure RM3.5 billion in jobs
Published on: Sun, Jul 13, 2025 Text Size: Terry Biusing SMJ Energy Sdn Bhd's Oil and Gas Services and Equipment (OGSE) and Corporate Executive Director Terry Biusing also pointed out the enhanced Sabah Vendor Development Programme, which previously focused on non-oil and gas work, now targets medium and high-complexity projects, with 20 programs planned exclusively for Sabahan companies between now and 2030. 'We spend about RM7 billion annually on oil and gas in Sabah. That opportunity is there for Sabah. Last year we got about RM2 billion. But I think with the right partnerships and capabilities, Sabahan companies can take at least 50 per cent of it,' Terry said.
Advertisement The programme's success has caught Sarawak's attention, with talks about collaboration between the two Bornean states. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available.
Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Daily Express
an hour ago
- Daily Express
RM60 million Sandakan Islamic Centre to complete in December
Published on: Friday, July 25, 2025 Published on: Fri, Jul 25, 2025 Text Size: Walter presenting a memento to Tun Musa. Kota Kinabalu: Construction of the RM60m Sandakan Islamic Centre has reached 66pc completion and is expected to be fully finished by the end of December, said Sandakan Municipal Council President Walter Kenson. The modern complex, inspired by Sabah Governor Tun Musa Aman, is scheduled to be operational in time for Hari Raya Aidilfitri next year, with a formal launch targeted for Hari Raya 2026. 'We're aiming to complete it by the end of this year so it can be fully used by next year's Hari Raya,' Walter told reporters following a courtesy visit to Tun Musa at Istana Seri Kinabalu on Thursday. He added that the design of the centre incorporates motifs and finishes from Uzbekistan, adapted to local Sabah aesthetics. 'The progress has been very positive. We've sought Tun's approval on several design elements, especially for the main prayer hall, the multipurpose hall, and the VIP lounge. 'Tun had requested that certain features from Uzbekistan be integrated into these key spaces in harmony with local designs,' Walter said. In a statement, Tun Musa Aman expressed satisfaction with the centre's steady progress, calling it a future landmark of Islamic development in Sabah's east coast. 'This centre will serve not only as a place of worship and education, but also as a unifying hub for multi-ethnic and multi-faith communities through an inclusive and harmonious approach to dakwah,' he said. He also extended his gratitude to all involved, especially the Sabah Islamic Religious Affairs Department (Jheains) and the State Government, for their commitment to uplifting the ummah and broader community welfare. The project began in 2017 on a 5.2-hectare site along Jalan Sungai Kayu, Sandakan. However, it faced several delays due to the Covid-19 pandemic and political instability in the state. Once completed, the centre will feature a range of facilities including a kindergarten, tahfiz school, administrative offices for JHEAINS, MUIS and Baitulmal, a multipurpose hall, and a main prayer hall capable of accommodating over 1,000 congregants. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
New Straits Times
2 hours ago
- New Straits Times
Engineer loses RM178,200 in online investment scam
PASIR GUDANG: An engineer lost RM178,200 after falling victim to an online stock investment scam that promised high returns via WhatsApp. Seri Alam district police chief Assistant Commissioner Mohd Sohaimi Ishak said the 33-year-old female victim lodged a police report yesterday, saying that an investment syndicate had scammed her since March. "The victim was initially attracted after seeing a stock investment advertisement on the Telegram app and followed a provided link. She was promised high profits in a short time. The victim then made 19 transactions into three different bank accounts from March to July, involving a total amount of RM178,200," he said in a statement. Sohaimi added that the victim only realised she had been scammed when she was asked to make additional payments to withdraw her capital and profits. Initial police investigations found that all the bank accounts involved had 21 prior police reports related to investment fraud. The case is being investigated under Section 420 of the Penal Code for cheating, and also involves the use of mule accounts. "The police advise the public not to be easily deceived by any investment schemes that promise high returns. "Always be cautious and verify the legitimacy of any company or individual offering investments before making any payments. "The public should check with the Securities Commission Malaysia, avoid trusting promises of quick riches, and use the Semak Mule portal to verify suspicious accounts before any transactions,".
Daily Express
3 hours ago
- Daily Express
SMJ Energy secures RM94 million from its latest crude oil sale
Published on: Friday, July 25, 2025 Published on: Fri, Jul 25, 2025 Text Size: SMJ Energy's operations are aligned with the Sabah State Government's vision to promote economic growth, expand local participation in the energy industry, and transition towards a sustainable energy future. Kota Kinabalu: Sabah Maju Jaya (SMJ) Energy continues to deliver strong returns for Sabah, recording RM94 million from its 10th crude oil sale under the Samarang Production Sharing Contract (PSC), bringing its total estimated revenue to RM1.9 billion since acquiring a stake in the offshore asset. The State-owned energy company secured a 50 per cent participating interest in the Samarang PSC on May 31, 2023, and has since recorded consistent gains, including RM397 million in 2025 alone through strategic sales of crude oil and gas. Located offshore Sabah, the Samarang PSC not only contributes significantly to the state's income but also plays a vital role in supplying gas to the Kota Kinabalu Industrial Park (KKIP) and three nearby gas-powered plants. In a statement Thursday, SMJ Energy said the successful series of sales reinforces its role as a key driver of Sabah's energy sector and economic development. 'The continuous revenue stream from Samarang reflects our long-term commitment to delivering sustainable value to the State,' it said. SMJ Energy's operations are aligned with the Sabah State Government's vision to promote economic growth, expand local participation in the energy industry, and transition towards a sustainable energy future. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
