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PETRONAS Hosts Sabah OGSE Partners Day to Pave the Way for a Resilient Ecosystem

2024 Media Release - 20 Feb

KOTA KINABALU, 20 February 2024 – PETRONAS recently hosted the Sabah Oil and Gas Services and Equipment (OGSE) Partners Day which serves as a platform to share the latest updates on OGSE programmes and initiatives to drive the Sabah industry forward.

The day-long event attracted the participation of more than 350 Sabah vendors as well as industry leaders and subject matter experts who shared their insights on current industry trends.

Taking place on 20 February 2024 at the Sabah International Convention Centre, here, the event marked a significant stride in establishing a resilient and sustainable future for the industry and fostering increased collaboration in the development of the state's oil and gas sector.

During the event, PETRONAS unveiled the Kinabalu Activity Outlook, launched by Syaharudin Hassan, Head of Industry Shaping & Collaboration and witnessed by Datuk Thomas Logijin, Permanent Secretary at Ministry of Industrial Development of Sabah. The outlook provides insights into Sabah's OGSE landscape, outlining overall plans across various industry categories, including both upstream and downstream businesses, for the next three years.

Syaharudin Hassan, said: “PETRONAS is determined to deliver long-term sustainable value as a national oil company and a global energy player. We will continue to strengthen the partnership with the Sabah State Government to bolster the state’s economic growth by increasing the capability of Sabahan local talents in the oil and gas industry.”

The Sabah OGSE Partners Day exemplified PETRONAS’ commitment to strengthening Malaysia’s OGSE ecosystem for vendors to grow and become regionally and globally competitive while contributing to the nation’s economic growth, he added.

PETRONAS also called for the industry to gear towards adapting to the ongoing energy transition, such as shifting towards lower carbon endeavours, pursuing net zero emissions, and exploring renewable energy sources.

It also emphasised the importance of cross-industry collaborations and co-creation in upskilling capabilities to chart new frontiers for the OGSE industry, in line with PETRONAS’ effort to cultivate a resilient ecosystem that would ensure long-term success and prosperity for Sabah OGSE landscape.

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