Latest news with #KebabanganClusterProductionSharingContract
New Straits Times
7 hours ago
- Business
- New Straits Times
Presence of global companies ensure stability of nation's energy sector
KUALA LUMPUR: The presence and investment of major global companies, such as the leading United States oil company ConocoPhillips, are crucial in ensuring the stability and sustainability of the nation's energy sector, said Prime Minister Datuk Seri Anwar Ibrahim. Anwar, who is also the finance minister, received a courtesy visit from ConocoPhillips chairman and chief executive officer, Ryan Lance, in Putrajaya today. ConocoPhillips is involved in oil exploration, development and production activities globally, including in Malaysia. "In this meeting, I emphasised that the Madani government is committed to clear and investor-friendly policies to ensure the confidence of large companies such as ConocoPhillips to continue to make Malaysia a long-term investment destination. "The presence and investment of major companies such as ConocoPhillips is important in ensuring the stability and sustainability of the country's energy. It is also able to stimulate economic growth and open up high-value job opportunities in the oil and energy sector," said Anwar in a Facebook post today. ConocoPhillips also stated their continued commitment to investments in Malaysia, including involvement in the Kebabangan Cluster Production Sharing Contract (KBBC PSC) in Sabah, which is operated through its subsidiary, ConocoPhillips Sabah Gas Ltd, with strategic partner Petronas. Earlier, during a leadership dialogue session titled "Gas and Liquefied Natural Gas (LNG): Investing for the Long Term" at the Energy Asia 2025 Conference in Kuala Lumpur, Lance said that ConocoPhillips is focusing its investment in Sabah while also strengthening its long-term commitment to Malaysia. He added that the company is currently in discussions with Petronas regarding potential investment opportunities in the country.
The Sun
9 hours ago
- Business
- The Sun
Presence, investment of major global companies ensure stability
KUALA LUMPUR: The presence and investment of major global companies, such as the leading United States oil company ConocoPhillips, are crucial in ensuring the stability and sustainability of the nation's energy sector, said Prime Minister Datuk Seri Anwar Ibrahim. Anwar, who is also the finance minister, received a courtesy visit from ConocoPhillips chairman and chief executive officer, Ryan Lance, in Putrajaya today. ConocoPhillips is involved in oil exploration, development and production activities globally, including in Malaysia. 'In this meeting, I emphasised that the MADANI government is committed to clear and investor-friendly policies to ensure the confidence of large companies such as ConocoPhillips to continue to make Malaysia a long-term investment destination. 'The presence and investment of major companies such as ConocoPhillips is important in ensuring the stability and sustainability of the country's energy. It is also able to stimulate economic growth and open up high-value job opportunities in the oil and energy sector,' said Anwar in a Facebook post today. ConocoPhillips also stated their continued commitment to investments in Malaysia, including involvement in the Kebabangan Cluster Production Sharing Contract (KBBC PSC) in Sabah, which is operated through its subsidiary, ConocoPhillips Sabah Gas Ltd, with strategic partner Petronas. Earlier, during a leadership dialogue session titled 'Gas and Liquefied Natural Gas (LNG): Investing for the Long Term' at the Energy Asia 2025 Conference in Kuala Lumpur, Lance said that ConocoPhillips is focusing its investment in Sabah while also strengthening its long-term commitment to Malaysia. He added that the company is currently in discussions with Petronas regarding potential investment opportunities in the country.
The Sun
9 hours ago
- Business
- The Sun
Presence, investment of major global companies ensure stability of nation's energy sector
KUALA LUMPUR: The presence and investment of major global companies, such as the leading United States oil company ConocoPhillips, are crucial in ensuring the stability and sustainability of the nation's energy sector, said Prime Minister Datuk Seri Anwar Ibrahim. Anwar, who is also the finance minister, received a courtesy visit from ConocoPhillips chairman and chief executive officer, Ryan Lance, in Putrajaya today. ConocoPhillips is involved in oil exploration, development and production activities globally, including in Malaysia. 'In this meeting, I emphasised that the MADANI government is committed to clear and investor-friendly policies to ensure the confidence of large companies such as ConocoPhillips to continue to make Malaysia a long-term investment destination. 'The presence and investment of major companies such as ConocoPhillips is important in ensuring the stability and sustainability of the country's energy. It is also able to stimulate economic growth and open up high-value job opportunities in the oil and energy sector,' said Anwar in a Facebook post today. ConocoPhillips also stated their continued commitment to investments in Malaysia, including involvement in the Kebabangan Cluster Production Sharing Contract (KBBC PSC) in Sabah, which is operated through its subsidiary, ConocoPhillips Sabah Gas Ltd, with strategic partner Petronas. Earlier, during a leadership dialogue session titled 'Gas and Liquefied Natural Gas (LNG): Investing for the Long Term' at the Energy Asia 2025 Conference in Kuala Lumpur, Lance said that ConocoPhillips is focusing its investment in Sabah while also strengthening its long-term commitment to Malaysia. He added that the company is currently in discussions with Petronas regarding potential investment opportunities in the country.
Barnama
9 hours ago
- Business
- Barnama
Presence, Investment Of Major Global Companies Ensure Stability Of Nation's Energy Sector
KUALA LUMPUR, June 18 (Bernama) -- The presence and investment of major global companies, such as the leading United States oil company ConocoPhillips, are crucial in ensuring the stability and sustainability of the nation's energy sector, said Prime Minister Datuk Seri Anwar Ibrahim. Anwar, who is also the finance minister, received a courtesy visit from ConocoPhillips chairman and chief executive officer, Ryan Lance, in Putrajaya today. ConocoPhillips is involved in oil exploration, development and production activities globally, including in Malaysia. 'In this meeting, I emphasised that the MADANI government is committed to clear and investor-friendly policies to ensure the confidence of large companies such as ConocoPhillips to continue to make Malaysia a long-term investment destination. 'The presence and investment of major companies such as ConocoPhillips is important in ensuring the stability and sustainability of the country's energy. It is also able to stimulate economic growth and open up high-value job opportunities in the oil and energy sector,' said Anwar in a Facebook post today. ConocoPhillips also stated their continued commitment to investments in Malaysia, including involvement in the Kebabangan Cluster Production Sharing Contract (KBBC PSC) in Sabah, which is operated through its subsidiary, ConocoPhillips Sabah Gas Ltd, with strategic partner Petronas. Earlier, during a leadership dialogue session titled 'Gas and Liquefied Natural Gas (LNG): Investing for the Long Term' at the Energy Asia 2025 Conference in Kuala Lumpur, Lance said that ConocoPhillips is focusing its investment in Sabah while also strengthening its long-term commitment to Malaysia. He added that the company is currently in discussions with Petronas regarding potential investment opportunities in the country. -- BERNAMA BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies. Follow us on social media : Facebook : @bernamaofficial , @bernamatv , @bernamaradio Twitter : @ , @BernamaTV , @bernamaradio Instagram : @bernamaofficial , @bernamatvofficial , @bernamaradioofficial TikTok : @bernamaofficial
Daily Express
20-05-2025
- Business
- Daily Express
Courtesy call on Chief Minister
Published on: Tuesday, May 20, 2025 Published on: Tue, May 20, 2025 Text Size: Hajiji presenting a memento to Dunn. Kota Kinabalu: New ConocoPhillips Malaysia President Connor Dunn paid a courtesy call on Chief Minister Datuk Seri Hajiji Noor at Menara Kinabalu here Monday. Dunn, who replaced Lisa Bruner, introduced himself and briefed the Chief Minister on the multinational company's oil and gas development plan in the country. Advertisement In January this year, ConocoPhillips through its subsidiary ConocoPhillips Sabah Gas Ltd took over operations of the Kebabangan Cluster Production Sharing Contract (KBBC PSC) in Sabah waters. Dunn was accompanied by Senior General Manager, KBB Asset Ian Ramshaw, General Manager, Growth Ian Lim and General Manager, KBB Operations Krish Krishnan. * Follow us on Instagram and join our Telegram and/or WhatsApp channel(s) for the latest news you don't want to miss. * 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
