by DayakDaily Team
KUCHING, June 26: PETRONAS, through Malaysia Petroleum Management (MPM), has inked a strategic partnership with Pangkalan Bekalan Kemaman Sdn Bhd (PBKSB), a subsidiary of Eastern Pacific Industrial Corporation Bhd (EPIC), to strengthen the management of upstream materials and warehousing at the Kemaman Supply Base in Terengganu.
According to a press statement, under this partnership, both parties aim to establish a 鈥極ne-Stop Centre鈥, offering end-to-end logistics services to support upstream oil and gas operations.
A key initiative under this effort is the pilot of a Centralised Warehouse at the Kemaman Supply Base, targeted to commence operations in 2026.
This model will leverage digital technologies, standardised processes and integrated infrastructure to enhance supply chain efficiency. This approach is expected to improve visibility, reduce inventory holding costs and minimise surplus materials, factors that are critical in improving operational agility and resilience across Malaysia鈥檚 upstream sector.
MPM senior vice president, Datuk Bacho Pilong commented, 鈥淢alaysia offers an integrated and readily accessible supply chain network that supports exploration and production (E&P) investment activities across the country.
鈥淭he exchange of today鈥檚 Memorandum of Understanding (MoU) underscores our commitment in further strengthening Malaysia as a preferred E&P investment destination by fostering a conducive environment for growth, operational standardisation and advancing technology-driven solutions across the oil and gas value chain.鈥
The MoU was signed by MPM senior general manager of Production and Operations Management, Handan Ramli and group chief executive officer of EPIC, Dr Ts Muhtar Suhaili.
PETRONAS remains committed to ensuring an optimal and sustainable energy supply, with MPM playing a crucial role in managing the country鈥檚 petroleum resources and providing stewardship for upstream petroleum activities in Malaysia. 鈥 DayakDaily