OGSE investments cross MPRC’S RM650m target


Dateline 2017-06-24, NST:

Malaysia Petroleum Resources Corporation (MPRC) has surpassed its target of RM650 million and brought in RM683.7 million worth of oil and gas services and equipment (OGSE) investments last year.

The governing body said it remained on track in its efforts to strengthen the OGSE industry in order to develop greater resilience and global competitiveness.

Last year, MPRC facilitated the establishment of regional headquarters for three OGSE multinational companies (MNCs) in Malaysia and assisted nine OGSE companies to bid for oil and gas (O&G) projects in six countries.

MPRC’s Corporate Report 2016, which was published on June 1, also highlighted the efforts to spur innovation and technology development across Malaysia’s OGSE supply chain.

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This entry was posted on Sunday, August 6th, 2017 at 6:43 am and is filed under investment, oil and gas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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