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OGSE firms must embrace low-carbon future to stay competitive: Petronas

This is as Malaysia's oil and gas industry faces one of its toughest periods in history

Published Thu, Jul 15, 2021 · 09:50 PM

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Kuala Lumpur

THE oil and gas services and equipment (OGSE) companies in Malaysia must embrace the current market uncertainties and move towards a low-carbon future to stay competitive, a Petronas senior executive said on Thursday.

Speaking at an online event on Thursday, Hazli Sham Kassim, the chief of government and regulator advisory of the state-owned energy firm, said the country's oil and gas industry is currently facing one of its toughest periods in history.

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