Member Login
中文站 English Français Русский Español العربية Português Deutsch
All Categories
Index Products Supplier Investment & development Bulletin Video
Home Bulletin detail

Sabah Sells Sixth Crude Oil Cargo, Secures RM100 Million Revenue

2024-10-14 15:20

Wedoany.com Report-Oct 14, Sabah has sold its sixth crude oil cargo from Labuan Crude Oil Terminal (LCOT) with an estimated sales revenue of more than RM100 million.

The crude oil cargo of about 300,000 barrels represented SMJ Energy's (SMJE) entitlement from its 50 per cent participating interest in the Samarang PSC, which was bought in May 2023.

"To date, Sabah has sold sixth crude oil cargoes, generating nearly RM800 million in cumulative sales revenue.

"These transactions are expected to provide sustained revenue over the next 12 years, significantly bolstering the state's economy.

"The state continues to benefit from its entry into the Oil & Gas sector in Sabah through the signing of the Commercial Collaboration Agreement (CCA) with Petronas dated Dec 7, 2021," said a statement.

The CCA gives the state greater revenue sharing, greater say and greater participation in the oil and gas value chain in Sabah.

Asia Malaysia Oil

Crude Oil

This newsletter is compiled and reprinted from the global Internet and strategic partner information, and it is only for readers' communication. If there are any infringements or other issues, please inform us timely, this site will be modified or deleted. Email: news@wedoany.com
Negotiable
Epoxy resin tanks
Negotiable
Aluminum dome covers
Negotiable
Enamel assembled tanks
Negotiable
Spiral plate heat exchanger
Negotiable
Shell and tube heat exchanger
Negotiable
Square fully welded heat exchanger
Negotiable
Cyclonic sand separator
Negotiable
Plate heat exchanger
Negotiable
Energy management and control center for oil and gas production enterprises
Negotiable
Cavitation-based closed-type air flotation system (tank-type)
Negotiable
Cavitation-based closed-type air flotation system (skid-mounted)
Negotiable
Fully gravity-balanced oil, gas, and water treatment integrated system-Multifunctional oil, gas, and water treatment integrated system
Negotiable
Fully gravity-balanced oil, gas, and water treatment integrated system-Three locals oil, gas, and water treatment integrated system
Negotiable
Fully gravity-balanced oil, gas, and water treatment integrated system-Intelligent pulse dehydration integrated system
Negotiable
Fully gravity-balanced oil, gas, and water treatment integrated system-Intelligent pulse water separation integrated system
Negotiable
AC low voltage three-phase asynchronous motor-YVFE4 series high-efficiency variable frequency speed control three-phase asynchronous motor
Negotiable
AC low voltage three-phase asynchronous motor-YVFE3 series variable frequency speed control three-phase asynchronous motor
Negotiable
AC low voltage three-phase asynchronous motor-YVFE2 series variable frequency speed control three-phase asynchronous motor
Bulletin
Lanxess’ Ion Exchange Resin For Mobile Water Treatment Unit For Pfas Removal SIF’s South East Asia Partnership for Adaptation through Water (SEAPAW) in Sarawak, Malaysia TVA Secures Ten-year PPA For 377mw Hydroelectric Power Hydropower Faces Several Challenges Despite Many Benefits: Al-attiyah Foundation ACCIONA Energía sells 626MW hydro portfolio to Endesa For €1bn China To Quit Coal Baseload Power By 2050: Think Tank British P.M. Starmer Launches Global Clean Power Alliance as UK Leads the Global Energy Transition F4E Signs €80 Million Contract For Iter Engineering Works Report Details Texas Plans To Become Global Leader In Advanced Nuclear Power US Company ‘In Discussions’ On Haleu In Three Countries Romania Signs Cernavoda Expansion Contract Trillo NPP Authorised To Operate Until 2034 Thailand Takes First Step Toward Nuclear Microreactor On Way From China To Thailand El Dabaa Export Loan Ratified, As Unit 4's Core Catcher Installed USA And UK Sign New Gen Iv Nuclear Collaboration Agreement TechnipFMC Bags $1b Contract For Totalenergies' Suriname Project JP Morgan Reveals Greatest Threat to USA Shale Sector China's Surging LNG Imports from USA Threatened by Next Trade War DT Midstream To Acquire 3.7 Bcfd Midwest Pipelines From ONEOK