Latest news with #GasandEnergyConferenceandExhibition
The Star
7 hours ago
- Business
- The Star
Sabah aims for 100% local oil and gas roles
KOTA KINABALU: A 100% increase in oil and gas services and equipment (OGSE) contracts has been set aside for Sabahan companies this year, says Datuk Seri Hajiji Noor. The Sabah Chief Minister said the target set by the state government in collaboration with PETRONAS and industry partners has one clear objective, which is to have 100% of non-technical roles and at least 80% of technical roles in the OGSE sector to be filled by Sabahans. 'These targets reflect our firm commitment to strengthening local participation and building a resilient, homegrown energy ecosystem,' he said at the 12th Sabah Oil, Gas and Energy Conference and Exhibition at the Sabah International Convention Centre here yesterday. State Industrial Development and Entrepreneurship Minister Datuk Phoong Jin Zhe delivered Hajiji's speech. He said in 2021, the total contracts awarded to Sabahan companies for local oil and gas services jobs stood at RM341mil, but by the end of last year, the figure soared to over RM2bil for jobs awarded both in and outside Sabah. He said Sabah's oil and gas industry is an essential pillar of the state's economic growth, and continues to play a pivotal role for Malaysia, contributing nearly 40% of the country's oil production and about 20% of its gas output. Hajiji, however, believes that Sabah's role must extend beyond mere production. 'We aspire for Sabah to become a centre of excellence for OGSE innovation and sustainable energy practices and a hub where investment, talent and technology converge to create long-term value,' he said. Hajiji also said the state government, through SMJ Energy, has taken decisive steps in securing equity in key upstream and downstream assets, including the Samarang PSC and the Samur petrochemical plant, as well as interests in exploration blocks SB403, SB409, SB306A and SB306B. He said Sabah Energy Corporation has also strengthened its position as Malaysia's largest domestic supplier and transporter of natural gas, following its successful takeover of PETRONAS' onshore gas contracts here. 'I wish to take this opportunity to thank PETRONAS and all our operating partners in Sabah for your continuous efforts, commitment and investment in local content development,' he said.
Daily Express
10 hours ago
- Business
- Daily Express
100pc jump in Sabah OGSE participation target: Chief Minister
Published on: Friday, July 04, 2025 Published on: Fri, Jul 04, 2025 By: Larry Ralon Text Size: Phoong (standing, second left) representing the Chief Minister in witnessing one of the signings documents, while Petronas' Malaysia Petroleum Management (MPM) Senior Vice President Datuk Ir Bacho Pilong (standing, second right), Industrial Development and Entrepreneurship Ministry's Permanent Secretary Datuk Thomas Logijin (standing, right) look on. Kota Kinabalu: The State Government jointly with Petronas and industry partners has set a target of 100 per cent increase in Oil and Gas Services and Equipment (OGSE) contracts for Sabah companies this year, said Chief Minister Datuk Seri Hajiji Noor. 'In terms of employment, the target is clear: 100 per cent of non-technical roles and at least 80 per cent of technical roles in the OGSE sector must be filled by Sabahans. Advertisement 'These targets reflect our firm commitment to strengthening local participation and building a resilient, home-grown energy ecosystem,' he said at the 12th Sabah Oil, Gas and Energy Conference and Exhibition (SOGCE), Thursday. His speech was read by State Industrial Development and Entrepreneurship Minister Datuk Phoong Jin Zhe. In 2021, Hajiji said the total contracts awarded to Sabah companies for local oil and gas services jobs stood at RM341 million, while by the end of last year, it soared to over RM2 billion for jobs awarded both in and outside Sabah. He said Sabah's oil and gas industry is an essential pillar of the state's economic growth, and continues to play a pivotal role to that of Malaysia's, contributing nearly 40 per cent of the country's oil production and approximately 20 per cent of its gas output. 'However, we believe our role must extend beyond mere production. We aspire for Sabah to become a centre of excellence for OGSE innovation and sustainable energy practices and a hub where investment, talent and technology converge to create long-term value,' he said. Hajiji said the State Government through SMJ Energy has taken decisive steps in securing equity in key upstream and downstream assets, including the Samarang PSC and the Samur petrochemical plant, as well as interests in exploration blocks SB403, SB409, SB306A and SB306B. He said Sabah Energy Corporation (SEC) has also strengthened its position as Malaysia's largest domestic supplier and transporter of natural gas, following its successful takeover of Petronas' onshore gas contracts in Sabah. 'I wish to take this opportunity to thank Petronas and all our operating partners in Sabah for your continuous efforts, commitment and investment in local content development. The Commercial Collaboration Agreement (CCA) signed in December 2021 with Petronas was significant and its implementation through initiatives such as the subcommittee for OGSE industry, co-chaired by the Sabah Industrial Development and Entrepreneurship Ministry and Petronas, has yielded tangible results. 'To sustain this momentum, we have established the Sabah Local Content Council under the purview of SMJ Energy and implemented a Joint Task Force for Mandatory Partnerships. 'These initiatives, coupled with the transparent insights provided by the Kinabalu Activity Outlook (KAO), are designed to ensure our local companies are well-informed, well-prepared and well-partnered for success,' he said. Hajiji commended the Sabah Oil and Gas Services Council (SOGSC) and the Persatuan Kontraktor Petroleum Bumiputera Sabah (PKPBS) for their role in championing Sabahan participation in the OGSE sector. He also called on everyone to support the effort of the SOGSC and PKPBS to organise this OGSE conference next year. 'Our vision is to build a pipeline of OGSE opportunities that extends far beyond short-term contracts. We want to promote knowledge transfer, technology exchange and joint ventures that scale our local players into regional champions. 'We are laying the foundations now not just for current prosperity but for a resilient, innovative and sustainable OGSE ecosystem for generations to come. 'Hence, let us work together to ensure Sabah not only remains a key energy player but becomes a model for sustainable, inclusive growth in the oil, gas and energy industry,' he said. * 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
Daily Express
a day ago
- Business
- Daily Express
Petronas to invest RM500 million a year in Sabah upstream O&G
Published on: Thursday, July 03, 2025 Published on: Thu, Jul 03, 2025 By: Sisca Humphrey Text Size: KOTA KINABALU: Petronas has announced a stronger push into Sabah's upstream oil and gas sector, with renewed emphasis on frontier basins, deepwater projects, and gas monetisation. At the 12th Sabah Oil, Gas and Energy Conference and Exhibition (SOGCE) 2025, Petronas Senior Vice President Datuk Bacho Pilong ( pic ) said the Semporna Basin will be renamed the Tawau Basin to reflect growing interest in Sabah's southeastern offshore prospects. The company will invest RM500 million annually until 2030 in basin exploration and development, including making 3D seismic data for Block SB505 freely available to qualified bidders. New exploration finds - Megah-1, Bilit Deep-1, and Zoisit-1 - could support domestic gas supply beyond 2030, while deepwater projects such as GK-GJE Phase 4 represent cross-border collaboration with Brunei. Further downstream, Petronas has begun gas delivery to Esteel Sabah's low-carbon steel plant and expects Sabah's third floating LNG facility, ZLNG, to begin operations by 2027. * 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
Borneo Post
a day ago
- Business
- Borneo Post
More jobs for Sabah OGSE companies this year
Phoong delivering Hajiji's speech at the 12th Sabah Oil, Gas and Energy Conference and Exhibition at the Sabah International Convention Centre, Kota Kinabalu on Thursday. KOTA KINABALU (July 3): The State Government in collaboration with Petronas and industry partners has set a target of a 100 per cent increase in oil and gas services and equipment (OGSE) local job contracts for Sabahan companies this year, said Chief Minister Datuk Seri Panglima Hajiji Noor. 'In terms of employment, the target is clear: 100 per cent of non-technical roles and at least 80 per cent of technical roles in the OGSE sector must be filled by Sabahans. 'These targets reflect our firm commitment to strengthening local participation and building a resilient, homegrown energy ecosystem.' he said at the 12th Sabah Oil, Gas and Energy Conference and Exhibition at the Sabah International Convention Centre here on Thursday. His speech was delivered by Minister of Industrial Development and Entrepreneurship Datuk Phoong Jin Zhe. In 2021, Hajiji said the total contracts awarded to Sabahan companies for local oil and gas services jobs stood at RM341 million, while by the end of last year, the figure soared to over RM2 billion for jobs awarded both in and outside Sabah. He said Sabah's oil and gas industry is an essential pillar of the state's economic growth and continues to play a pivotal role to that of Malaysia's, contributing nearly 40 per cent of the country's oil production and approximately 20 per cent of its gas output. 'However, we believe that our role must extend beyond mere production. We aspire for Sabah to become a center of excellence for OGSE innovation and sustainable energy practices and a hub where investment, talent and technology converge to create long-term value,' he said. In this respect, the Chief Minister said the State Government through SMJ Energy has taken decisive steps in securing equity in key upstream and downstream assets, including the Samarang PSC and the SAMUR petrochemical plant, as well as interests in exploration blocks SB403, SB409, SB306A and SB306B. He said Sabah Energy Corporation had also strengthened its position as Malaysia's largest domestic supplier and transporter of natural gas, following its successful takeover of Petronas' onshore gas contracts in Sabah. 'I wish to take this opportunity to thank Petronas and all our operating partners in Sabah for your continuous efforts, commitment and investment in local content development. The Commercial Collaboration Agreement (CCA) signed in December 2021 with Petronas was significant and its implementation through initiatives such as the Sub-Committee for OGSE industry, co-chaired by the Sabah Ministry of Industrial Development and Entrepreneurship and Petronas, has yielded tangible results. 'To sustain this momentum, we have established the Sabah Local Content Council under the purview of SMJ Energy and implemented a Joint Task Force for Mandatory Partnerships. 'These initiatives, coupled with the transparent insights provided by the Kinabalu Activity Outlook (KAO), are designed to ensure our local companies are well-informed, well-prepared, and well-partnered for success,' he said. Hajiji commended the Sabah Oil and Gas Services Council (SOGSC) and the Persatuan Kontraktor Petroleum Bumiputera Sabah (PKPBS) for their role in championing Sabahan participation in the OGSE sector. He also called on everyone to support the effort of the SOGSC and PKPBS to organise this OGSE conference next year. 'Our vision is to build a pipeline of OGSE opportunities that extends far beyond short-term contracts. We want to promote knowledge transfer, technology exchange and joint ventures that scale our local players into regional champions. 'We are laying the foundations now not just for current prosperity but for a resilient, innovative and sustainable OGSE ecosystem for generations to come. 'Hence, let us work together to ensure Sabah not only remains a key energy player but becomes a model for sustainable, inclusive growth in the oil, gas and energy industry,' he said.
The Star
a day ago
- Business
- The Star
Sabah aims for 100% local hiring in oil and gas sector
KOTA KINABALU: A 100% increase in oil and gas services and equipment (OGSE) local job contracts for Sabahan companies has been planned for the state this year, says Chief Minister Datuk Seri Hajiji Noor. He said the state government devised the plan in collaboration with Petronas and industry partners. The goal was to have 100% of non-technical roles and at least 80% of technical roles in the OGSE sector filled by Sabahans. 'These targets reflect our firm commitment to strengthening local participation and building a resilient, homegrown energy ecosystem,' he said at the 12th Sabah Oil, Gas and Energy Conference and Exhibition at the Sabah International Convention Centre (SICC) here on Thursday (July 3). Industrial Development and Entrepreneurship Minister Datuk Phoong Jin Zhe delivered Hajiji's speech. He stated that Sabah's oil and gas industry accounts for nearly 40% of the country's oil production and approximately 20% of its gas output. Hajiji also said that Sabah's role must extend beyond production. In his speech, he praised the Sabah Oil and Gas Services Council (SOGSC) and the Persatuan Kontraktor Petroleum Bumiputera Sabah (PKPBS) for their roles in promoting Sabahan participation in this sector. Hajiji also urged support for the SOGSC and PKPBS efforts to organise the OGSE conference next year. 'We want to promote knowledge transfer, technology exchange, and joint ventures that scale our local players into regional champions,' he said.
