CORPORATE

Malaysia’s Petronas delivers first LNG cargo to Japan’s Hokkaido Electric

 |  Friday, 03 August 2018 10:14  |  Published in CORPORATE

Petronas delivered its first liquefied natural gas (LNG) cargo through its subsidiary to Japan’s Hokkaido Electric Power Co Inc (Hokkaido Electric).

This delivery marks the beginning of MLNG’ s supply to Hokkaido Electric via a 10-year Sale and Purchase Agreement (SPA) signed on March 2, 2017.

PIC Receives Four Iso Certifications From SIRIM

 |  Tuesday, 31 July 2018 10:44  |  Published in CORPORATE

Petronas Refinery and Petrochemical Corporation Sdn Bhd (PRPC) recently secured four Internal Standard Organisation (ISO) certifications from SIRIM QAS International, for meeting internationally-recognised standards in executing the Pengerang Integrated Complex (PIC) project. 

Four certifications received are ISO 18788:2015 which sets out a global business and risk management framework for the management of security operations; ISO 29993:2017 for the conformity to interactive oil, gas and petrochemical training programmes; as well as ISO 14001:2015 and ISO 45001:2018 which emphasise compliance in the health, safety and environment (HSE) management and supervision.

HL-Sunway JV Pte Ltd awarded the lease of land for the development of the Integrated Construction and Prefabrication Hub in Singapore

 |  Monday, 30 July 2018 10:48  |  Published in CORPORATE

Sunway Concrete Products (S) Pte Ltd (“SCPS”), an indirect wholly owned subsidiary of Sunway Construction Group Berhad (SunCon) together with its joint venture partner HL Building Materials Pte Ltd, a subsidiary of Hong Leong Asia Ltd, have successfully won the bid for the lease of land (the “Land”) for the development of the Integrated Construction and Prefabrication Hub (“ICPH”) from the Building and Construction Authority of Singapore (“BCA”).

This piece of Land, awarded by BCA on 27 July 2018, is located at Pulau Punggol Barat and is approximately 38,421.8 square meters in size. The lease term for the Land is 30 years starting from July 2018.
The total consideration for the Land is approximately SGD25.7 million comprising the land price and administrative fees. The said consideration will be borne by the joint venture parties proportionately.


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