MCA to Pengerang residents: Use right channel to air views on oil refinery

The Star
By REGINA LEE
regina@thestar.com.my

KUALA LUMPUR: MCA has urged residents in Pengerang affected by the construction of an oil and gas refinery complex to use the right channel to air their views.

Petronas in talks with Singapore's Keppel on Pengerang power plant

The Star Thursday October 4, 2012

By RISEN JAYASEELAN
risen@starbiz.com.my

PETALING JAYA: Petroliam Nasional Bhd (Petronas) and Singapore's Keppel Corp are in negotiations to build a planned power plant in Pengerang, Johor, sources close to Petronas told StarBiz, confirming an earlier report by Singapore's Straits Times.

O&G supporting industries keen on Pengerang project

The Star
Published: Tuesday October 2, 2012 MYT 7:09:00 PM

JOHOR BAHARU: Johor Petroleum Development Corp Bhd (JPDC)has received many enquiries from supporting industries in the oil and gas sector to operate in the Pengerang Integrated Petroleum Complex (PIPC).

Sale of fabrication yards marks Sime’s exit from oil & gas

The Star Saturday May 28, 2011

By RISEN JAYASEELAN
risen@thestar.com.my

Bakke...‘We don’t want to take on jobs with this type of risk profile. This is a business where the likelihood of losing money is very probably.’

PETALING JAYA: A year after suffering massive losses from its oil and gas division, Sime Darby Bhd has taken a decision to exit this business by hiving off its two fabrication yards for RM695mil in cash.

Sime Darby to dispose oil and gas assets

The Star May 27, 2011 MYT 3:02:00 PM

PETALING JAYA: Sime Darby's wholly-owned unit Sime Darby Engineering has entered into two separate non-binding memoranda of understanding (MoU) with Petroliam Nasional (Petronas) and Malaysia Marine and Heavy Engineering Holdings (MMHE) for the proposed disposal of assets in the oil and gas division.

Sime Darby's president and group chief executive Datuk Mohd Bakke Salleh said in a press release Friday that the company has decided to focus its resources in areas where it already has or could achieve sector leadership.

Bakke said the MoUs involved among others the disposal of the Teluk Ramunia fabrication yard to Petronas for a provisional disposal price of RM296 million and the Pasir Gudang fabrication yard to MMHE for a provisional disposal price of RM399 million.

He added that the provisional disposal price of RM695 million was above the RM641 million book value of the assets as at March 31, 2011.

Petronas to announce RM50bil complex in Johor

The Star Wednesday May 11, 2011

By RISEN JAYASEELAN and JEEVA ARULAMPALAM
starbiz@thestar.com.my

PETALING JAYA: Petroliam Nasional Bhd (Petronas) will announce on Friday plans to invest around RM50bil in an integrated downstream oil and gas complex in Pengerang, Johor, reliable sources said.