SMJ Energy thrives under agreement with Petronas in Sabah


Special adviser to SMJE Datuk Seri Lim Haw Kuang speaking during the media engagement.

KOTA KINABALU: Fledgling state-owned oil and gas company SMJ Energy Sdn Bhd (SMJE) has benefited greatly from the Commercial Collaboration Agreement (CCA) signed between Sabah and national oil company Petronas.

Since its inception in Dec 2021, SMJE has transformed into a RM5.1bil company, utilising a RM50mil grant from the state government.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Zahid calls for calm over sandwich issue, says multiple probes in progress
Sabah DAP Wanita to push for minimum marriage age of 18, more female leaders
Senior citizen dies in Iskandar Sultan Highway accident
Victims lose over RM140,000 in coffin scam
E-waste factory ordered to stop operations immediately
Asean ministers push for easier cross-border travel for tourism growth
M'sia will repatriate 127 Palestinians during ceasefire period, says Zahid
Priority is to end violence in Myanmar, not elections, says Tok Mat
Sabah govt urged to address high chicken prices
Sympathy and anger from internet users over assault video on disabled man

Others Also Read