‘Right time for OGSE sector to boost exports ’

KUALA LUMPUR: Given the expectation of rising global oil and gas development activities, it is the right time to pursue opportunities to boost export earnings for the Malaysian oil and gas services and equipment (OGSE) sector, said Malaysia Petroleum Resources Corporation (MPRC) executive director Mohd Yazid Ja’afar.

MPRC, in collaboration with the Malaysia External Trade Development Corporation ( MATRADE), brought OGSE companies to the 20th Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2017, underscoring the importance of the Middle East as a key export destination for Malaysian players.

“Abu Dhabi is the global hub for the oil and gas industry and ADIPEC offers a gateway to new partnerships in the Middle East, Africa and beyond.

“Malaysian companies such as Eversendai, Scomi and Dialog Group have made inroads and built strong track records in the region,” he said in a statement yesterday.

He said MPRC wanted to continue facilitating access to these markets for more Malaysian companies.

Malaysia Pavilion at ADIPEC featured industry- leading companies such as Alam Sekitar Malaysia, Asia Lab, Asturi Metal Builder, IEV (Malaysia), Innovative Fluid Process, Mastek Oil Tools, MECIP Global Engineers, MIT Innovation, Romstar, and VG Offshore Containers. — Bernama