(Bloomberg) – Petroliam Nasional Bhd. appointed Mohd Jukris Abdul Wahab as its new chief working officer, enhancing its senior management construction amid an ongoing authorized dispute over fuel belongings in Sarawak.
Mohd Jukris Abdul Wahab. Photographer: Samsul Mentioned/Bloomberg
The appointment might be efficient Feb. 1, and Jukris will concurrently maintain his place as chief govt officer of Petronas’ upstream enterprise, the state-owned oil and fuel firm mentioned in a press release on Monday.
The COO would help group Chief Government Officer Tengku Muhammad Taufik in issues involving federal and state governments, The Edge reported, citing an inside observe.
Petronas filed a movement with Malaysia’s apex court docket final week to determine on the corporate’s operations in Sarawak, Malaysia’s greatest state. Since 2024, it has been locked in a dispute over fuel distribution rights there with state-owned Petroleum Sarawak Bhd.
See additionally: Petronas seeks court docket ruling amid Sarawak fuel, LNG dispute
The corporate has additionally been fighting declining revenue amid an oil worth stoop, and final 12 months introduced it was chopping round 10% of its workforce.
The appointment of the brand new COO is in keeping with Petronas’ “transformation ambitions amid a dynamic international power atmosphere,” it mentioned in Monday’s assertion.
