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ROS LBoard 1

Hamid Bugo appointed chairman of Petros

 | August 25, 2017

Hamid, a former state secretary, had also served with Malaysia LNG Sdn Bhd.

hamid-bugoPETALING JAYA: The Sarawak Chief Minister’s Office has announced the appointment of Hamid Bugo as chairman of the newly formed oil and gas company Petroleum Sarawak Berhad (Petros).

In a statement today, it said the other board members appointed were Mohammad Medan Abdullah, Sharbini Suhaili, Zuraimi Sabki and Heng Hock Cheng.

Hamid is a former state secretary who had served with Malaysia LNG Sdn Bhd in Bintulu.

Chief Minister Abang Johari Openg announced the formation of Petros, a wholly state-owned company, on Aug 6.

He said then that its board members would comprise Sarawakian professionals within the industry.

He added that there would be no politicians on the board, and that only those with substantial experience in the oil and gas industry would be chosen to serve in it.

Petros is currently searching for a candidate for chief executive officer and other key management positions to enable it to be operational by the first quarter of 2018.

The Chief Minister’s Office said the primary objective of setting up Petros was to enable Sarawak to participate in the upstream of oil and gas development, particularly in the exploration and extraction of oil and gas within Sarawak’s waters.

The initiative is also in line with Sarawak’s goal to create better job opportunities for local talents and attract Sarawak talents that are currently serving outside the state.

 


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