AS THE oil and gas industry worldwide continues its slow recovery with upstream companies increasing production, the midstream and services businesses in Malaysia and the region are expected to benefit from the recovery and play a pivotal role in catalysing regional industry growth.
For some 350 oil and gas service providers, the upcoming 4th Malaysian Oil & Gas Services Exhibition and Conference 2018 (Mogsec 2018) in Kuala Lumpur will provide the opportune platform to showcase their latest technology, equipment and machinery in the fields of oil, gas and petrochemical engineering.
It will also provide possible collaborations and partnership opportunities with other players locally or regionally, in terms of technologies, integrated solutions, quality talent or export capabilities.
To be held at Kuala Lumpur Convention Centre from Sept 25 to 27, Mogsec 2018 will feature exhibitors such as stakeholder Petronas while major players include Bureau Veritas, Draeger, Geveke Oil & Gas, MMC Oil & Gas Engineering, Sapura Energy Bhd and Velesto Energy Bhd as well as the Malaysian Oil & Gas Services Council (MOGSC) SME Pavilion and Sabah and Sarawak Pavilions, among others.
Petronas president and group chief executive officer Tan Sri Wan Zulkiflee Wan Ariffin is scheduled to officiate at the opening ceremony of Mogsec 2018.
“Malaysia continues to be one of the fastest growing economies in the Asia Pacific region, and our oil and gas sector has created plenty of opportunities for businesses in the O&G services sector,” said MOGSC president Sharifah Zaida Nurlisha.
“To maintain its projected annual growth rate of 5% until 2020, the industry has invested heavily into enhancing the output of existing oil and gas fields as well as new marginal fields, while also enhancing the exploration and development of deepwater areas.
“This year’s theme, “Catalysing regional growth in oil and gas”, signifies the need for Malaysian OGSE players to actively explore and develop synergistic partnerships and collaborations across the value chain, both locally and internationally, to further stimulate the oil and gas industry in Malaysia.”
Alun Jones, country general manager of UBM Malaysia, the organiser of Mogsec 2018, added: “Mogsec 2018 is expected to welcome about 7,000 trade visitors who will make their way here to forge new business leads and strengthen business partnerships, in the hopes of growing and strengthening their business operations and service offerings here in Malaysia.”
The special features of Mogsec 2018 include the Mogsec Innovation Centres, the MOGSC Innovation Awards, Matrade International Sourcing Programme, Matrade Incoming Buying Mission, MIDA Business Clinic, International Delegation Programme.