OIL & GAS
Shell Timur Sdn. Bhd.
Petrosab Logistik Sdn. Bhd.
NRG Consortium (SABAH) Sdn. Bhd.
Kimanis Power Sdn. Bhd.
KImanis O & M Sdn. Bhd.
Petrosab Petroleum Sdn. Bhd.
KNM Petrosab Engineering Sdn. Bhd.
Shell Timur Sdn. Bhd. (STSB) was incorporated in January 1984 as Shell Marketing Company of Borneo Limited. The Group owns a 15% equity stake in STSB.
The company's main activities are to market petroleum products for Shell throughout Sabah and Sarawak. It operates 11 petroleum depots and manages 166 retail petrol stations in both states.
Incorporated in 2004 and was officially launched on 28 February 2005 by the Chief Minister of Sabah, Petrosab Logistik Sdn. Bhd. (PLSB) is a joint venture company between two premier State Government agencies, the Yayasan Sabah Group and Asian Supply Base Sdn. Bhd., both of which are involved in oil and gas business activities.
PLSB involved in: -
- Providing crew change services and other logistic support to oil majors and its sub-contractors at Usukan.
- Sabah Sarawak Gas Pipeline (SSGP) Project as Engineering, Procument, Construction & Commissioning contractor with Consortium Partners Dialog E&C Sdn. Bhd. and Punj Lloyd Ltd of India.
- Manpower supply of technical staff to PETRONAS Technical Services Sdn. Bhd.
- Providing oil and gas services to PETRONAS Methanol (Labuan), Sabah Oil and Gas Terminal (SOGT), Sipitang Oil and Gas Industrial Park (SOGIP) and etc.
NRG Consortium (Sabah) Sdn. Bhd. (NRG) was incorporated on 18 September 2006 as a wholly-owned subsidiary of the Group. The company has formed two JV Companies namely, Kimanis Power Sdn. Bhd. (KPSB) and Kimanis O & M Sdn. Bhd. (KOMSB) with PETRONAS Gas Berhad (PGB) to jointly develop and operate a 300MW combined cycle gas-fired power plant in Kimanis, Sabah. The power will be supplied to Sabah Electricity Sdn. Bhd.’s state grid and is expected to be commissioning in February/March 2014.
KPSB was formed with PGB holding 60% shareholding equity and the remaining 40% held by NRG. KPSB is the owner of Kimanis Power Plant (KPP).
KOMSB was established to provide operation and maintenance services for KPP in Kimanis. Its equity shareholding, PGB holds 60% and NRG hold 40%.
Petrosab Petroleum Sdn. Bhd. (PPSB) is a joint venture company between PLSB and KNM Group Berhad (KNM) with equity participation of 60% PLSB and 40% KNM.
KNM Petrosab Engineering Sdn. Bhd. (KPESB) was incorporated on 20 October 2010 with the purpose of setting up a fabrication yard situated near the Sabah Oil and Gas Terminal(SOGT) Project, Kimanis. The fabrication yard was completed at the end of 2011 and its current activities include design, procurement, prefabrication and site erection of tanks for SAMUR Projects.