Kuching: The Chief Minister’s Office yesterday announced the appointment of Tan Sri Datuk Amar (Dr) Haji Hamid Bugo as the Chairman of the newly formed Petroleum Sarawak Berhad (PETROS), said a press statement yesterday.
Hamid is a former State Secretary who once served with Malaysia LNG Sdn. Bhd. in Bintulu.
Appointed as members of the Board of Directors were Dato Mohammad Medan Bin Abdullah, Sharbini Suhaili, lr. Haji Zuraimi bin Haji Sabki and Heng Hock Cheng.
The Chief Minister expressed his confidence in the composition of the Board of PETROS as they are all experienced industry professionals with very strong and proven track records and had served in key positions in the oil and gas industry, the press statement added.
The appointment of a credible Board will ensure that PETROS will advance in the right strategic direction as well as operating with a sound business model in achieving its intended objectives.
The primary objective of setting up PETROS is 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.
This initiative is also in line with Sarawak’s aspiration to create better job opportunities for local talents and to attract Sarawak talents and expertise that are currently serving outside the state.
At the same time, PETROS could also serve as a good platform to groom more entrepreneurs to support the growth and innovations of high value- added industries in the state.
PETROS is now embarking on a head hunt for its CEO and other key management positions to enable it to be operational ready by the first quarter of 2018.
