Helping hand by Petronas: Opportunities in local oil-gas sector
Published on: Sunday, March 03, 2024
By: David Thien
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As of September 2023, there were 291 Sabahan vendors registered and licensed with Petronas compared to 224 vendors in 2022. There were 63 Sabahan vendors with active contracts, up from 44 vendors in 2022, with 22 per cent of the contracts awarded to Sabahan vendors, up from 20 per cent.
Kota Kinabalu: Sabah has the formula to become a rising powerhouse in the oil and gas (O&G) industry, especially in O&G service equipment.
Petronas is committed to supporting the Sabah Oil and Gas Services and Equipment (OGSE) industry by elevating its capability and being a strong partner to businesses.
As Petronas celebrates its 50th anniversary this year, (1974-2024), the national petroleum company with its tagline “Passionate about Progress” has rallied support in commitment with the State Government to strengthen Local Sabah Company (LSC) participation in all tenders from Petronas OPUs (Operation Production Units) in the State.
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