

The newly sealed agreement would translate into greater O&G investments in Testing to system and equipment suppliers.Įxperts viewed the agreement would be a game-changer in Sarawak O&GĪctivities, and all eyes are on the state government and Petronas to see how Level, the commercial agreement between the state government and Petronas isĮxpected to bring Sarawak companies to the forefront, from upstream to Petroleum Sarawak Bhd (Petros), in developing Sarawak O&G under theĪgreement for offshore exploration and production (E&P) and production

Stayed tight-lipped on the equity sharing with Sarawak state-owned company, These are designed to strengthen the industry’sĮcosystem through sustainable vendor development,” Petronas told The Include the Vendor Development Programme (VDP), VDPx and local enhancement Said it will continue to contribute in enhancing the capabilities of local Would lead to greater transactions following the recent commercial settlementĪgreement with the Sarawak state government relating to oil and gas (O&G). Set to expand its vendor relationship with local companies in Sarawak that Petronas set to help Sarawak grow O&G supply chain

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