PETRONAS introduces two initiatives to bolster oil and gas sector

A sign for a Petroliam Nasional Bhd (Petronas) gas station stands near the Petronas KLCC Twin Towers in Kuala Lumpur, Malaysia. - Goh Seng Chong/Bloomberg

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), aims to bolster the robustness of the local oil and gas sector with two new initiatives.

In a statement today, the national oil firm announced the launch of the Integrated Well Continuity Services (IWCS) contract and the plans for the establishment of the MPM Hydraulic Workover Unit (HWU) Academy.