Kota Kinabalu: Sabah, through SMJ Energy Sdn Bhd (SMJE), has extended the ongoing sales and purchase agreement (SPA) with Shell International Eastern Trading Company (SIETCO) for another three years, starting next month.
Kuala Lumpur: SMJ Energy Sdn Bhd (SMJESB) ushered in the New Year with another deal for up to 20 per cent stake in Block SB403 Production Sharing Contract (PSC), here, Tuesday.
AN article in a major weekly business magazine reported Sabah Maju Jaya (SMJ), an oil and gas (O&G) company that is wholly owned by the Chief Minister Inc of Sabah, is looking to acquire six more O&G assets from Petronas in the next six to 12 months.
Kota Kinabalu: SMJ Sdn Bhd’s (SMJ or the Company) planned Multi-Currency Islamic Medium-Term Notes (Sukuk Wakalah) Programme of up to RM10.0 billion has been given a AAA rating by RAM Ratings.
SABAH sold its first crude oil cargo from its 50 per cent interest in the Samarang PSC on June 30, marked by the issuance of its official invoice to the crude oil buyer, Shell International Eastern Trading Company (SIETCO).