SMJ Energy thrives under agreement with Petronas in Sabah

By DURIE RAINER FONG

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.

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SMJ Energy , Sabah , Petronas , Oil and Gas , Commercial Collaboration Agreement , State Government , Investment , Revenue Sharing , Chief Minister , Business Growth

   

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