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Daily Express
7 days ago
- Business
- Daily Express
SOGCE Networking Golf tournnament end on a high note
Published on: Sunday, July 06, 2025 Published on: Sun, Jul 06, 2025 Text Size: MOGSC President Ts. Syed Saggaf Syed Ahmad (2nd left) with the recipients. On the right is Deputy Speaker of Sabah Legislative Assembly Brig. Gen Datuk Haji Al Hambra Tun Juhar and SOGC organiser Dolly Jimayol (4th right). Kota Kinabalu: The Sabah Oil, Gas & Energy Conference & Exhibition (SOGCE) 2025 wrapped up on a high note with its signature Networking Golf Tournament, held on Saturday, 5 July 2025, at the scenic Sutera Harbour Golf & Country Club. The event welcomed over 105 golfers across 26 flights, uniting key stakeholders from Malaysia's oil, gas, and energy sectors — including prominent government officials, industry leaders, and corporate representatives. Advertisement The tournament was officially opened with remarks by Ts. Syed Saggaf Syed Ahmad, President of the Malaysian Oil, Gas & Energy Services Council (MOGSC). In his address, he applauded the growing strength of Sabah's energy ecosystem and praised the organiser, Dolly Jimayol, Organising Chairperson and her team at Midas Events Management for the remarkable success of SOGCE 2025, calling it a vital platform for regional collaboration and strategic dialogue. Ts. Syed Saggaf also reaffirmed MOGSC's commitment to fostering strong partnerships in Sabah, emphasising the importance of synergy in building a resilient and future-ready energy industry. He pledged MOGSC's ongoing support for local associations and urged all industry players to unite in shaping a more sustainable and inclusive energy future. Adding to the event's prestige was the presence of Y.B. Brig Gen Datuk Haji Al Hambra Tun Juhar, Deputy Speaker, Sabah State Legislative Assembly, whose attendance underscored the significance of high-level engagement and regional inclusivity within Malaysia's national energy agenda. Beyond networking, the tournament also championed a strong corporate social responsibility (CSR) component. Proceeds from the event were donated to eight charitable organisations across Sabah, including: Home Tuaran, Pusat Orang-Orang Buta Tuaran, Pertubuhan Pemulihan Dalam Komuniti ( PPDK Tuaran), Rumah Putera Harapan (RPH), Ranau, Rumah Anak Yatim & Asnaf, Kg. Silad, Ranau, Don Bosco Bundu Tuhan, Rumah Anak Yatim Islam Baitul Amin, Pitas, Sabah Cheshire Home This impactful initiative was made possible thanks to the generous support of sponsors such as MOGAS Sdn Bhd, Mumtaz Energy Sdn Bhd, and BMW Regas Premium Sabah, along with all participating companies whose contributions ensured the event's success and social impact. The 2025 SOGCE Networking Golf event delivered a powerful message - collaboration, community, and continuity are the cornerstones of progress for Sabah's energy sector and beyond. MOGSC extends its deepest appreciation to all participants, sponsors, and partners, and looks forward to continuing this tradition of industry engagement and community support in future editions. * 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
The Star
05-07-2025
- Business
- The Star
PETRONAS forges new milestones for Sabah's energy growth
MPM senior vice-president Datuk Bacho Pilong KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS), via Malaysia Petroleum Management (MPM), has formalised a few key agreements with the Sabah state government at the Sabah Oil, Gas & Energy Conference & Exhibition (SOGCE) 2025. In a statement today, the national oil company said it officially handed over the Sabah gas strategy document, which outlines a long-term and structured blueprint to secure reliable gas supply for the state's expanding domestic demand. The document is a joint initiative between Petronas and the Sabah state government. MPM senior vice-president Datuk Bacho Pilong said the document handover, together with other milestones, "reaffirms our partnership with the state government to responsibly unlock the full potential of the state's energy resources. "We will together continue accelerating sustainable development, strengthening energy security and creating long-term value to benefit Sabah and the nation,' he said in the statement. These various milestones reflect a shared commitment to advancing Sabah's energy landscape via collaborative, sustainable, and value-driven development, he said. The Sabah gas strategy was developed by a joint task force comprising Petronas, SMJ Energy Sdn Bhd, Sabah Energy Corporation Sdn Bhd, Sabah's Energy Commission and Sabah's Industrial Development and Entrepreneurship Ministry under the advice of the Sabah joint coordination committee, the statement said. Additionally, Petronas said it also signed the technical evaluation agreement (TEA) with ConocoPhillips Malaysia New Ventures Ltd and PERTAMINA Hulu Energi for the Layang-Layang Basin. This paves the way for comprehensive subsurface studies ranging from regional geological assessments to detailed prospect analysis for 44,500 square kilometres located off Sabah's coast. The national oil company also formalised a memorandum of understanding with DIALOG Resources Sdn Bhd to advance the development of the Mutiara Cluster, located off Sabah's east coast. The statement said Petronas is also investing in seismic data acquisition programmes to deepen geological insights and accelerate exploration activities. - Bernama
Daily Express
05-07-2025
- Business
- Daily Express
Petronas inks key Sabah deals
Published on: Saturday, July 05, 2025 Published on: Sat, Jul 05, 2025 By: Bernama Text Size: Phoong (fifth from right) and Bacho (fourth from right) with State Government representatives and industry leaders at the SOGCE 2025. Kuala Lumpur: Petroliam Nasional Bhd (Petronas), via Malaysia Petroleum Management (MPM), has formalised a few key agreements with the Sabah state government at the Sabah Oil, Gas & Energy Conference & Exhibition (SOGCE) 2025. In a statement on Friday, the national oil company said it officially handed over the Sabah gas strategy document, which outlines a long-term and structured blueprint to secure reliable gas supply for the state's expanding domestic demand. Advertisement The document is a joint initiative between Petronas and the Sabah state government. MPM senior vice-president Datuk Bacho Pilong said the document handover, together with other milestones, 'reaffirms our partnership with the state government to responsibly unlock the full potential of the state's energy resources. 'We will together continue accelerating sustainable development, strengthening energy security and creating long-term value to benefit Sabah and the nation,' he said. These various milestones reflect a shared commitment to advancing Sabah's energy landscape via collaborative, sustainable, and value-driven development, he said. The Sabah gas strategy was developed by a joint task force comprising Petronas, SMJ Energy Sdn Bhd, Sabah Energy Corporation Sdn Bhd, Sabah's Energy Commission and Sabah's Industrial Development and Entrepreneurship Ministry under the advice of the Sabah joint coordination committee, the statement said. Additionally, Petronas said it also signed the technical evaluation agreement (TEA) with ConocoPhillips Malaysia New Ventures Ltd and PERTAMINA Hulu Energi for the Layang-Layang Basin. This paves the way for comprehensive subsurface studies ranging from regional geological assessments to detailed prospect analysis for 44,500 square kilometres located off Sabah's coast. The national oil company also formalised a memorandum of understanding with DIALOG Resources Sdn Bhd to advance the development of the Mutiara Cluster, located off Sabah's east coast. The statement said Petronas is also investing in seismic data acquisition programmes to deepen geological insights and accelerate exploration activities. * 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
04-07-2025
- Business
- Borneo Post
Petronas forges new milestones for Sabah's energy growth
Bacho (fourth right) and other representatives from Petronas, Sabah state governments and industry leaders at he launch of SOGCE in Kota Kinabalu. KUALA LUMPUR (July 4): Petroliam Nasional Bhd (Petronas), via Malaysia Petroleum Management (MPM), has formalised a few key agreements with the Sabah state government at the Sabah Oil, Gas & Energy Conference & Exhibition (SOGCE) 2025. In a statement yesterday, the national oil company said it officially handed over the Sabah gas strategy document, which outlines a long-term and structured blueprint to secure reliable gas supply for the stateís expanding domestic demand. The document is a joint initiative between Petronas and the Sabah state government. MPM senior vice-president Datuk Bacho Pilong said the document handover, together with other milestones, ìreaffirms our partnership with the state government to responsibly unlock the full potential of the stateís energy resources. 'We will together continue accelerating sustainable development, strengthening energy security and creating long-term value to benefit Sabah and the nation,' he said in the statement. These various milestones reflect a shared commitment to advancing Sabah's energy landscape via collaborative, sustainable, and value-driven development, he said. The Sabah gas strategy was developed by a joint task force comprising Petronas, SMJ Energy Sdn Bhd, Sabah Energy Corporation Sdn Bhd, Sabah's Energy Commission and Sabah's Industrial Development and Entrepreneurship Ministry under the advice of the Sabah joint coordination committee, the statement said. Additionally, Petronas said it also signed the technical evaluation agreement (TEA) with ConocoPhillips Malaysia New Ventures Ltd and PERTAMINA Hulu Energi for the Layang-Layang Basin. This paves the way for comprehensive subsurface studies ranging from regional geological assessments to detailed prospect analysis for 44,500 square kilometres located off Sabah's coast. The national oil company also formalised a memorandum of understanding with DIALOG Resources Sdn Bhd to advance the development of the Mutiara Cluster, located off Sabah's east coast. The statement said Petronas is also investing in seismic data acquisition programmes to deepen geological insights and accelerate exploration activities. – Bernama
Daily Express
03-07-2025
- Business
- Daily Express
RM500 million yearly next five years. On exploration and related activities in Sabah's East Coast: Petronas
Published on: Friday, July 04, 2025 Published on: Fri, Jul 04, 2025 By: Sisca Humphrey Text Size: 'One major target is Block SB505 off the east coast, with 3D seismic data being made freely available to qualified bidders. Our goal is simple. We want to lower the risk and raise the value of these underexplored basins,' Bacho said. Kota Kinabalu: Petronas is accelerating its upstream agenda in Sabah with a renewed push into the state's frontier basins, strategic deepwater projects and industrial-scale gas monetisation, including the rebranding of the Semporna Basin to the Tawau Basin. Petronas Senior Vice President of Malaysia Petroleum Management (MPM), Datuk Bacho Pilong, said Sabah continues to be a cornerstone in the national oil company's long-term energy strategy. Advertisement 'Sabah is central to the country's energy future. From west coast producers to east coast frontier opportunities, it offers a complete portfolio for sustainable growth,' he said. He was delivering a keynote address at the 12th Sabah Oil, Gas & Energy Conference & Exhibition (SOGCE) 2025 at Sabah International Convention Center (SICC), Thursday. One of the most notable announcements was the proposed renaming of the Semporna Basin to the Tawau Basin, aimed at reflecting growing interest in Sabah's southeastern offshore potential. A name change intended to better reflect the geographical context and rising commercial interest in Sabah's southeastern offshore areas. 'We believe the time is right to rebrand the basin. Tawau reflects both its geography and its immense untapped potential. This is not merely a naming change. 'It signals a long-term repositioning of exploration focus and commercial attention,' he said. Further supporting this shift, Petronas will commit RM500 million annually until 2030 toward exploration and basin enrichment, including seismic acquisition, geological mapping and open data access. 'One major target is Block SB505 off the east coast, with 3D seismic data being made freely available to qualified bidders. Our goal is simple. We want to lower the risk and raise the value of these underexplored basins,' Bacho said. He also noted growing international interest, with six Technical Evaluation Agreements (TEAs) signed this year with new entrants including ConocoPhillips, Pertamina and Posco International. Five PSCs were also awarded under the latest Malaysia Bid Round. In the deepwater space, recent development efforts have centred on high-impact projects in western and northwestern Sabah, including Gumusut-Kakap and Geronggong–Jagus East (GK-GJE) Phase 4. He said the initiative marks Malaysia's first cross-border deepwater collaboration with Brunei and has already yielded positive results. 'GK-GJE Phase 4 is more than a project. It is a precedent. This marks the first time the two nations have jointly developed a deepwater field, and the outcome exceeded expectations,' he said. Other active fields under expansion include Kikeh Phase 3B, Block H Phase 1B and Kinabalu NAG Phase 3, which are collectively expected to unlock approximately 150 million barrels of oil equivalent, supported by over RM9 billion in capital spending. On the exploration front, Bacho confirmed three significant finds. Megah-1, drilled in ultra-deepwater, reached a total depth of 4.7 kilometres. The Bilit Deep-1 and Zoisit-1 wells, both located in the SB409 contract area, are part of a cluster that could meet future domestic gas needs well beyond 2030. 'These discoveries are among our most promising in recent years. They represent the next chapter in the region's upstream story and reinforce the importance of continued eastward expansion,' he said. Further downstream, a key milestone this year has been the delivery of natural gas to Esteel Sabah, supporting operations at the state's first low-carbon steel facility. Phase One of the plant was launched in May, following a gas supply agreement signed earlier between the national oil company and Sabah Energy Corporation. 'Subject to volume availability, Esteel has the potential to become the largest low-carbon steel facility in the world, and it is based right here in the state,' he said. The project is part of the broader Sabah Gas Strategy, co-developed under the Sabah Joint Coordination Committee, which also includes SMJ Energy, SEC and the Energy Commission. 'The long-term framework aims to ensure stable and sustainable gas supply for local consumption while enabling large-scale industrial development. 'It is a coordinated approach to gas monetisation, aligning energy availability with future-ready manufacturing growth,' Bacho said. Sabah's prominence in the global LNG supply chain also continues to rise. In addition to housing Malaysia's only two floating LNG facilities, a third known as ZLNG is expected to begin operations by 2027. 'With ZLNG coming online, this state will strengthen its position on the global LNG supply map. This is not a local story. It is about contributing to global energy security,' he said. He also revealed that Petronas is preparing to deliver its first LNG cargo from Canada this weekend, further diversifying its international gas portfolio. 'We now have supply nodes from Canada to Australia. And this weekend marks a new chapter. Our first cargo from Canada is ready to sail,' he added. Bacho highlighted Petronas' long-term investment in talent and local capability. 'We're not just investing in reserves and infrastructure. We're investing in people,' he said. He emphasised that the focus is on building a sustainable ecosystem that benefits not only the company but also the state and its 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
