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Despite Oil Price Rally, Malaysian OGSE In Dire Straits
10 mins·08:30, 26 Oct 2021
Despite Oil Price Rally, Malaysian OGSE In Dire Straits
10 mins
·
08:30, 26 Oct 2021
·
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45 mins
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Oil prices have rallied from the bleak pandemic period, but the recovery is not even across the industry, with many in the oil & gas services and equipment sector (OGSE) struggling to stay afloat. At the same time there is a global shift to sustainable energy, which does pose an existential threat to the sector overall in the long-term. Is the Malaysian industry prepared for this eventuality, and will this be reflected in this year’s budget? We ask Sharifah Zaida Nurlisha of the Malaysia Oil & Gas Services Council (MOGSC) on what the OGSE sector needs.
Image: Shutterstock.com
Presenter: Shazana Mokhtar, Wong Shou Ning, Philip See
Producer: Shazana Mokhtar
Budget 2022Belanjawan 2022Budget-2022-Mahsingoilgasoil and gaspetronasenvironmentpandemicequipmentlockdown
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