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MPRC calls for oil and gas sustainability framework to be introduced by end-2024

KUALA LUMPUR: The Malaysia Petroleum Resources Corporation (MPRC) has called for the national oil and gas services and equipment (OGSE) sustainability framework to be introduced by the end of 2024, which will provide a detailed guide for how OGSE companies can implement and report on their sustainability practices. ....

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Oil and gas blueprint timely

PETALING JAYA: There could be some light at the end of the tunnel for the local oil and gas (O&G) sector as the government is taking steps to revive the sector.
The oil and gas services and equipment (OGSE) sector has been stuck in the doldrums, with many companies sitting on huge debts following the 2014 crude oil price rout.
Last year’s Covid-19 pandemic has put further strain on the industry.
Yesterday, the government launched its first blueprint, dubbed as the National OGSE Industry Blueprint 2021-2030, focusing on the O&G service providers that have been badly hit due to the Covid-19 fallout. ....

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