EA Gibson Shipbrokers and SOGDC Consortium Sign MoUs to Advance Integrated Energy Hub at Sipitang Oil & Gas Industrial Park

KOTA KINABALU, Malaysia--(BUSINESS WIRE)--Apr 29, 2026--

EA Gibson Shipbrokers Ltd (“Gibson”), the London-based shipbroker and project development adviser leading the consortium for the Sipitang Oil and Gas Industrial Park (“SOGIP”) energy hub, today announces the exchange of Memoranda of Understanding (“MoUs”) between Sabah Oil & Gas Development Corporation Sdn Bhd (“SOGDC”) and strategic industry partners ACWA Power, Aboitiz Power Ltd and WEC. The exchange was witnessed by YAB Datuk Seri Hajiji Noor, Chief Minister of Sabah, during a courtesy visit by SOGDC and its partners to his office at Menara Kinabalu, Kota Kinabalu on 13 April 2026.

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The proposed development envisions an integrated energy storage and distribution hub spanning approximately 275 acres at SOGIP, Sabah's premier oil and gas industrial park. The multi-phase project will deliver 400 MW of power generation capacity and 65,000 cubic metres per day of freshwater production. Facilities for LNG, ammonia and hydrogen storage and distribution will anchor the development, alongside petrochemical infrastructure currently under active discussion. SOGIP covers 400 acres in Sabah's Sipitang district and serves as a major energy logistics hub for Southeast Asia.

As lead developer appointed by SOGDC, EA Gibson Shipbrokers is responsible for the composition and management of the consortium, drawing on its extensive global network to bring together world-class partners across all segments of the development. Discussions are now actively progressing with a number of qualified terminal and energy storage developers to complete the consortium and advance the project towards financial close.

YAB Datuk Seri Hajiji Noor, Chief Minister of Sabah, said: "The state government welcomes the proposed development of this energy hub as it not only has the potential to attract high-quality investments, but also creates more job opportunities and stimulates downstream industrial growth in Sabah. We are committed to providing a conducive environment for investors, while ensuring that every development brings direct benefits to the people and the state."

Mathew Chandapillai, ACWA Power Country CEO Malaysia, said: "Sabah sits at a strategic crossroads for energy trade in Southeast Asia, making it a natural location for integrated infrastructure of this scale. This development aligns with ACWA Power's long-term ambitions in Malaysia, bringing together power generation, desalination, and multi-commodity storage on a single platform, and reflects the type of sustainable, integrated solutions we are built to deliver."

The development is projected to attract over USD 3.5 billion in foreign investment and generate nearly 5,000 jobs in Sabah, delivering significant economic benefit to the state and supporting its ambition to emerge as a leading regional energy hub. The initiative forms part of Sabah's broader strategy to strengthen the energy sector as a key driver of long-term economic growth.

The project builds on the partnership agreement between Gibson Shipbrokers and SOGDC first signed in June 2024, which laid the foundation for developing oil and gas facilities at SOGIP. The SOGIP project was formally launched in February 2025, with the latest MoU exchanges marking a decisive further step in advancing the development of the energy hub.

About EA Gibson Shipbrokers Ltd

EA Gibson Shipbrokers Ltd is a London-based shipbroker with over 130 years of experience advising international clients, primarily in the oil and gas sector. Gibson brings deep expertise in energy project development and global market intelligence, and leads the SOGIP consortium on behalf of SOGDC and the state of Sabah.

About Sabah Oil & Gas Development Corporation (SOGDC)

SOGDC is a Sabah state government agency under the direct purview of the State Ministry of Industrial Development & Entrepreneurship. SOGDC is responsible for developing and managing the Sipitang Oil and Gas Industrial Park (SOGIP), a 400-acre facility in Sabah's Sipitang district that serves as a major energy logistics hub for Southeast Asia.

About ACWA Power

ACWA Power (TADAWUL: 2082) is a Saudi-listed company and the world's largest private water desalination company, the first mover into green hydrogen, and a leader in the global energy transition. Registered and established in 2004 in Riyadh, Saudi Arabia, ACWA Power employs over 4,000 people and is present in 15 countries across the Middle East, Africa, Central Asia, and Southeast Asia. By end of March 2026, ACWA Power's portfolio comprised 110 projects in operation, advanced development, or under construction, with an investment value of SAR 455 billion (USD 121 billion) and the capacity to generate 96 GW of power (of which 52.3 GW is renewables) and manage 9.8 million m³/day of desalinated water.

Learn more: www.acwapower.com

YAB Datuk Seri Hajiji Noor, Chief Minister of Sabah (centre), with SOGDC Chairman Datuk Shahelmey Yahya, SOGDC CEO Mohd Azmir Ramli, and representatives of EA Gibson Shipbrokers, ACWA Power, Aboitiz Power Ltd and WEC at Menara Kinabalu, Kota Kinabalu, 13 April 2026.

LONDON (AP) — A 45-year-old man was charged Friday with attempted murder in the stabbings of two Jewish men in London, the latest in a string of attacks that have sparked fear and anger in Britain's Jewish community.

Police said Essa Suleiman faces two counts of the charge related to the attack in Golders Green. He also faces a third count of attempted murder over an incident elsewhere in the city earlier the same day that left a man with minor injuries.

Suleiman, a Somalia-born British citizen who lives in London, is due to make his first court appearance later Friday.

The British government pledge to tackle antisemitism after the stabbings in an area in north London that is an epicenter of Britain’s Jewish community. The victims, aged 34 and 76, were seriously injured. One has since been discharged from a hospital and the other is in stable condition.

The stabbings followed a string of arson attacks on synagogues and other Jewish sites in London in recent weeks.

Prime Minister Keir Starmer said that his government would increase security for the Jewish community and “do everything in our power to stamp this hatred out.”

Britain’s official terror threat level was raised from substantial to severe after Wednesday’s stabbing attack. Severe is the second-highest rung on a five-point scale and means intelligence agencies consider an attack highly likely in the next six months.

Police say Suleiman was referred in 2020 to the government’s Prevent program, which tries to steer individuals away from extremism. The police force said his file was closed later the same year, and didn’t disclose the reason for the referral.

Britain's Prime Minister Keir Starmer, center, Metropolitan Police Commissioner Mark Rowley, right, and Home Secretary Shabana Mahmood, 2nd left, speak with members of the Jewish community during a visit to Golders Green, north west London, Thursday April 30, 2026, following an attack on Wednesday in which two men were stabbed. (Stefan Rousseau/Pool via AP)

Police on duty outside Golders Green tube station in London, Thursday, April 30, 2026, near the scene where two people were recently stabbed in the Golders Green neighbourhood, that has a large Jewish community. (AP Photo/Alastair Grant)

Two men walk in London, Thursday, April 30, 2026, near the scene where two people were recently stabbed in the Golders Green neighbourhood, that has a large Jewish community. (AP Photo/Alastair Grant)

People look out of a window near the scene where two people were stabbed the previous day in the Golders Green neighbourhood, which has a large Jewish community, in London, Thursday, April 30, 2026. (AP Photo/Alastair Grant)