Kota Kinabalu: SMJ Energy Sdn Bhd (SMJ Energy) completed its ninth crude oil lifting operation at the Labuan Crude Oil Terminal, generating approximately RM92 million in sales revenue.
Kota Kinabalu: SMJ Energy Sdn Bhd (SMJ Energy) mencatatkan keuntungan selepas cukai sebanyak RM362 juta berdasarkan keputusan kewangan belum diaudit bagi tahun berakhir 31 Disember 2024, meningkat hampir 40 peratus daripada RM259 juta pada 2023. .
Kota Kinabalu: The Sabah Government, through its wholly owned company SMJ Energy Sdn Bhd, maintains its strong momentum in the new year with the signing of two agreements involving Exploration Blocks SB306A and SB306B, offshore Sabah’s East Coast.
Kota Kinabalu: The State Government has no plans to close down Sabah International Petroleum (SIP) which is now debt-free and has become a subsidiary of SMJ Energy Sdn Bhd (SMJE), said Datuk Seri Masidi Manjun. .
Kota Kinabalu: CHIEF Minister Datuk Seri Hajiji Noor assured that the State Government is committed to ensuring a fair and equitable media environment in Sabah. .
Kota Kinabalu: Sabah has successfully sold its latest crude oil cargo from its 50 per cent interest in the Samarang Production Sharing Contract (PSC), securing an estimated sales revenue of RM120 million on July 23, 2024.
SMJ Energy Sdn Bhd (SMJE) has announced RM259 million net profit for the year ended 31 December 2023, a significant leap from RM7 million net losses the previous year as a start-up.
Kota Kinabalu: The difference between 1MDB and SMJ Energy Sdn. Bhd. paying off Sabah International Petroleum’s (SIP) debts through sukuk bonds is that no one in the government pockets the money, said State Finance Minister Datuk Seri Masidi Manjun (PGRS – Karanaan).
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.