KOTA KINABALU, Aug 18 (Bernama) — Sabah OGSE companies should explore initiatives from the National Oil & Gas, Services and Equipment Industry Blueprint (OGSE Blueprint) 2021-2030 to move up the value chain, said Datuk Seri Panglima Haji Masidi bin Manjun, Local Government and Housing Minister, Sabah.
Sabah’s extraction of crude oil & condensates accounted for RM15.46 billion of Sabah’s GDP in 2021, Masidi said, noting that there are currently 369 active Sabah OGSE companies serving the oil and gas value chain.¹ In addition, data from OGSE100, MPRC’s ranking and analysis of the country’s top 100 OGSE companies, listed two Sabah companies in its FY2021 report.