SABAH INTERNATIONAL PETROLEUM SDN BHD (“SIP”) was formed in year 2014 by the State Government of Sabah, as a special purpose entity to support the State’s continuous development in the oil and gas sector and to further strengthen its position in the oil and gas industry.
As a new set up, SIP mainly focuses on three core sectors in the oil and gas industry, namely Exploration & Production (E&P) Sector, E&P Support Services Sector (which includes Floating Production and Oilfield Chemical Manufacturing) and the Energy Sector.