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MPRC expects OGSE industry to rebound this year

Mohd Yazid Ja’afar KUALA LUMPUR: Malaysia s oil and gas services and equipment (OGSE) industry is likely to see a rebound in 2021 after a setback in the last two years due to the COVID-19 pandemic and the swing in oil and gas prices on the back of increased production by shale producers in the United States. Malaysia Petroleum Resources Corp (MPRC) president and chief executive officer Mohd Yazid Ja afar said the recovery would be mainly driven by the rollout of the vaccination programmes globally and the opening of international borders. We hope to see the industry recover to pre-COVID-19 levels. It is going to be a new normal for the industry but it is on the recovery path, he told Bernama in an interview recently, prior to the release of MPRC s sixth edition of Top 100 OGSE Companies in Malaysia 2019.

Informa Markets: RESET 2021 by PETRONAS

BUMI ARMADA and more. RESET is centered on the knowledge, capabilities, and strengths of participating industry leaders along with a spectrum of multi-disciplinary technical knowledge shared during the event. Interesting topics to be discussed in this four-day event list from Resetting the Upstream Operating Model in Malaysia ; Industry Dialogue: Effort in Addressing Industry Pain Points , Thriving in Lower for Longer Era and many others.   Speakers, amongst others, are Mr Adif Zulkifli, Executive Vice President & CEO, Upstream, Mr. Bacho Pilong, Vice President Malaysia Asset & CEO, PETRONAS Carigali Sdn Bhd PETRONAS, Mr. John Anis, President Director, PERTAMINA Internasional EP, Mr. Mohd Yazid Ja afar, President/Chief Executive Officer Malaysia Petroleum Resources Corporation (MPRC), Dato Dr. Ir. Ts. Mohd Abdul Karim Abdullah, GMD/CEO, Serba Dinamik Holdings Berhad.

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