Petroliam Nasional Berhad (Petronas), through Malaysia Petroleum Management (MPM), has formalised a series of strategic agreements with the Sabah state government, underscoring its commitment to advancing the region’s energy landscape. The announcements were made during the Sabah Oil, Gas & Energy Conference & Exhibition (SOGCE) 2025.
In an official statement, the national oil company confirmed the handover of the Sabah Gas Strategy document. This strategic blueprint, developed in collaboration with the Sabah state government, outlines a long-term, structured framework to ensure reliable gas supply for the state’s growing domestic demand.
Datuk Bacho Pilong, Senior Vice President of MPM, said the handover, along with other key milestones, reaffirms the organisation’s commitment to unlocking the full potential of Sabah’s energy resources in a responsible and sustainable manner.
“We will continue working together to accelerate sustainable development, bolster energy security, and create long-term value for the benefit of both Sabah and the nation,” he said.
The Sabah Gas Strategy was the result of joint efforts by Petronas, SMJ Energy Sdn Bhd, Sabah Energy Corporation Sdn Bhd, Sabah’s Energy Commission, and the Ministry of Industrial Development and Entrepreneurship. The initiative was guided by the Sabah Joint Coordination Committee.
In further developments, Petronas signed a Technical Evaluation Agreement (TEA) with ConocoPhillips Malaysia New Ventures Ltd and PERTAMINA Hulu Energi for the Layang-Layang Basin. This agreement sets the stage for detailed subsurface studies, encompassing regional geological assessments and in-depth prospect analyses over a 44,500 square kilometre area offshore Sabah.
Additionally, the company entered into a memorandum of understanding with DIALOG Resources Sdn Bhd to support the development of the Mutiara Cluster, located off Sabah’s east coast.
To complement these initiatives, Petronas is also investing in seismic data acquisition programmes aimed at enhancing geological understanding and accelerating exploration activities across the region.
These milestones collectively demonstrate Petronas’ sustained focus on collaborative, value-driven growth in support of Sabah’s long-term energy ambitions.
-Bernama
