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Deal to boost Sipitang s O and G role | Daily Express Malaysia - Sabah s Leading News Portal

Kota Kinabalu: A Memorandum of Understanding (MoU) was signed between Sabah Oil & Gas Development Corporation Sdn Bhd (SOGDC) and Sabah-based FPSO Ventures Sdn Bhd (FVSB) to undertake O&M operation and maintenance, services for Liquefied Natural Gas (LNG) floaters in the SOGIP area inSipitang.

E A Gibson and SOGDC Sign MoU for the Joint Development of Oil and Gas Facilities Project at Sipitang Oil & Gas Industrial Park (SOGIP)

LONDON, February 08, 2024 E.A. Gibson Shipbrokers Ltd (Gibson) and Sabah Oil & Gas Development Corporation Sdn Bhd (SOGDC) have signed a Memorandum of Understanding to collaborate in the development of the Oil and Gas facilities at the Sipitang Oil and Gas Industrial Park (SOGIP), Sabah, Malaysia.

RM20m (half budget amount) used up so far

THE State Ministry of Industrial Development and Entrepreneurship (Mide) was allocated RM41,675,439.74 under the last State budget for distribution among various agencies such as Sabah Economic Development Corporation (Sedco), Kota Kinabalu Industrial Park (KKIP Sdn Bhd), POIC Sabah Sdn Bhd and Sabah Oil & Gas Development Corporation Sdn Bhd (SOGDC Sdn Bhd).   The total spent to date was RM20,666,968.90.

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