Sarawak Oil And Gas News

All oil and gas companies operating in sarawak waters would be given grace period until the end of 2019 to comply with oil mining ordinance omo 1958. But the levy has created uncertainty in the oil and gas sector particularly as sarawak claims there is no legal cap to the tax rate. 04 oct 2020 source of news.

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The sarawak petroleum contractors association has urged that petroliam nasional bhd petronas give the state s contractors priority in awarding contracts related to oil and gas exploration in sarawak waters its pro tem committee chairman datuk rahman lariwoo said the contract jobs could be handed over to contractors from outside sarawak if local contractors are not.

Sarawak oil and gas news. Sarawak chief minister datuk patinggi abang johari said sarawak will strive to exercise its authority over the exploration of oil and gas in the state. Covering the latest oil and gas news including shale lng drilling exploration and production. Picture by chimon upon borneo post sibu oct 4 sarawak will strive to exercise its authority over the exploration of oil and gas in the state once negotiations with the relevant parties have been finalised.

The association argued sarawak contractors should receive priority in the state. The leading global oil gas and energy news resource. The leading global oil gas and energy news resource.

As the nation continues to be absorbed by news and events related to the ongoing covid 19 pandemic what has escaped much notice is how our new months old national government finally forged an agreement with the sarawak government on the vexed and much ballyhooed issue of the nation s oil and gas o g resources last week. According to data from the energy commission as at end 2017 sarawak accounted for about 27 of national oil reserves and accounted for about 26 of national production. Covering the latest oil and gas news including shale lng drilling exploration and production.

Kuching sept 14 the sarawak petroleum contractors association speca is expected to start talks with petroliam nasional bhd petronas to give priority to oil and gas contractors from the state this november. Sarawak determined to exercise authority on oil and gas exploration. 04 oct 2020 source of news.

On 10 july 2018 sarawak state assembly passed the oil mining amendment bill 2018 in order to regulate oil and gas activities in the state. However following news of wan zul s departure petronas.