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DPM to Launch Oil and Gas Services Council

Posted on: Monday, 21 November 2005, 21:00 CST

DEPUTY Prime Minister Datuk Seri Mohd Najib Razak will launch the

Malaysian Oil and Gas Services Council (MOGSC) on November 28.

In a statement, MOGSC said the launch will be a defining moment for the

Malaysian oil and gas services sector.

This is because it will be the first time where a council representing

all disciplines of service companies in the industry will be formed.

"The launch will also serve to kick-start the series of initiatives

planned under the MOGSC Charter," the statement said.

Formed in December 2003, the MOGSC was mooted by Petroliam Nasional

Bhd's cost reducing alliance to showcase the capabilities and expertise

as well as spearhead the development of Petronas-registered oil and gas

service providers.

The MOGSC will serve to identify business platforms, seek new

opportunities and promote healthy partnerships in the domestic, regional

and global markets.

This in turn will give locally incorporated service companies the

opportunity to expand their businesses in various growth sectors of the

oil and gas industry, locally and abroad.

To date, the council has 62 members from various disciplines with the

services sector of the oil and gas industry.

Source: Business Times; Kuala Lumpur

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