Kuala Lumpur — PETRONAS is setting a bold new trajectory for Malaysia’s oil and gas services and equipment (OGSE) sector. In a strategic move to future-proof the industry, the national oil and gas corporation—through Malaysia Petroleum Management (MPM)—has signed 11 memoranda of understanding (MoUs) with key industry players to enhance local capabilities and transform the nation’s energy infrastructure.
These MoUs support two cornerstone initiatives: yard transformation and productivity enhancement, and skilled trade development—a clear reflection of PETRONAS’ vision to modernise and revitalise the OGSE ecosystem.
“This is not merely about upgrading facilities—it’s about cultivating a future-ready workforce and positioning Malaysia as a high-performance hub for oil and gas services,”
said Datuk Ir Bacho Pilong, Senior Vice President of MPM.
As part of the yard transformation programme, PETRONAS has collaborated with five prominent local fabrication contractors: Brooke Holding, Ocean Might, Muhibbah Engineering, Malaysia Marine and Heavy Engineering, and Sapura Fabrication. The initiative aims to revitalise domestic fabrication yards and elevate operational efficiency.
Complementing this, six additional MoUs were signed under the Skilled Trade Champion initiative, focusing on technical upskilling and capacity-building with partners including Pan-Malaysia maintenance and commissioning contractors and the Malaysia Offshore Support Vessel Owners’ Association.
In tandem with its domestic strategy, PETRONAS is also strengthening its regional presence. Its subsidiary, PETRONAS LNG Ltd (PLL), recently completed its first liquefied natural gas (LNG) delivery to Vietnam, signifying the commencement of a strategic energy partnership with PetroVietnam Gas (PV Gas). The LNG cargo, dispatched from the PETRONAS LNG Complex in Bintulu, Sarawak, was delivered to the Thi Vai LNG Terminal in Vietnam’s Ba Ria-Vung Tau Province, aboard the Seri Ayu, a vessel chartered from PETRONAS’ shipping arm, MISC Berhad.
Shamsairi Ibrahim, Vice President of LNG Marketing and Trading at PETRONAS, affirmed:
“This collaboration underscores our commitment to supporting Vietnam’s energy needs while strengthening regional energy security.”
