Malaysia's Anti-graft Agency Says Probing Petronas, International Oil Firm

Mei Mei Chu and Rozanna Latiff;
Friday, May 26, 2023

Malaysia's Anti-Corruption Commission (MACC) on Friday said it is investigating allegations of corruption involving state oil firm Petronas and an international oil and gas company.

Petronas has cooperated fully with the commission in the investigation involving a project worth 399 million ringgit ($89.97 million) in the state of Sarawak, the MACC said in a statement. 

The commission did not identify the project or the international oil firm under investigation. Petronas did not immediately respond to a request for comment. 

The MACC said it had found "several weaknesses in practices, systems and work procedures" in its probe. 

"Accordingly, the Commission has proposed improvements to the standard operating procedures as preventive measures," it said. It urged parties with information on the case to come forward to assist the probe. 

($1 = 4.4350 ringgit) 

(Reuters - Reporting by Mei Mei Chu and Rozanna Latiff; Editing by Kanupriya Kapoor)

Categories: Energy Industry News Activity Asia Regulations

Related Stories

CIP, Petrovietnam Team Up for Offshore Wind Project in Vietnam

Inpex Picks FEED Contractors for Abadi LNG Onshore Plant

ADNOC Signs Long-Term LNG Deal with Hindustan Petroleum Corporation

Sapura Energy Rebrands to Vantris Energy

BP, ONGC, Reliance Industries Ink Deal for Offshore Exploration in India

Allseas-Boskalis Consortium Bags $1.4B Offshore Gas Pipeline Job in Taiwan

China Starts Production at Major Oil Field in Bohai Sea

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

CDWE Wraps Up Pin Pile Installation Job for Taiwanese Offshore Wind Farm

BP Expands Oil and Gas Scope in Azerbaijan with New Projects and Exploration Rights

Current News

Technip Energies Gets FEED Job for Inpex’ Abadi LNG Project in Indonesia

Keppel, Seatrium in $53M Arbitration Case Over Brazil Corruption Scheme

Subsea7 Secures Work at Black Sea Field off Türkiye

CIP, Petrovietnam Team Up for Offshore Wind Project in Vietnam

Seatrium Signs FLNG Vessel Upgrade Deal for Golar LNG

EnQuest Enters Indonesia with Operatorship PSCs for Two Exploration Blocks

PXGEO Nets First Seismic Survey off Malaysia

SPE Offshore Europe 2025 set to drive transformational change for the energy sector

Shipbuilder Delivers Fast Crew Boat Pair to Aesen

Norwegian Oil Investment Will Peak in '25

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com