Oil and gas in the new norm

Athila of MIDF points out that according to the recently released Petronas Activity Outlook 2021-2023, offshore activities are expected to support local O&G service providers for this year.

SINCE the collapse of crude oil prices in 2014, the oil and gas (O&G) sector has never been the same.

First came the shale boom in the United States, creating ample supply and potentially changing geopolitics in the process by making the country less reliant on oil imports.