Sarawak Premier Abang Johari Tun Openg is pursuing an ambitious plan to emulate Singapore's success by transitioning state-owned oil and gas company Petros into a sovereign wealth fund. This transformation aims to drive economic diversification and growth in Sarawak. A key focus of this initiative is the development of low-carbon green hydrogen, with the government prioritizing the establishment of a hydrogen certification system. By venturing into the hydrogen sector, Sarawak seeks to position itself as a regional hub for green hydrogen, leveraging its natural resources. Notably, the government is exploring collaborations with international partners such as a South Korean consortium and Japanese firms on hydrogen-related projects. Through these partnerships, Sarawak aims to enhance its standing in the global energy market and attract foreign investment. Johari envisions Petros evolving into an investment vehicle akin to Singapore's Temasek, signaling a shift towards sustainable investments. Strong government support and strategic agreements with the federal government have reinforced Petros' role in Sarawak's economic future. Despite challenges such as high costs, Sarawak remains optimistic about the potential of green hydrogen, especially in transportation. With advancements in transportation technologies and increasing interest in hydrogen as an alternative fuel source, Sarawak is poised to lead the region in promoting sustainable development and environmental responsibility.