OGSE Industry Cannot Operate In Business-as-Usual Mode, Says Mustapa

KUALA LUMPUR, Oct 4 (Bernama) — The Oil & Gas, Services and Equipment (OGSE) industry cannot operate in business-as-usual mode as the Government pursues sustainable growth in tandem with the United Nation’s 2030 Sustainable Development Goals (SDGs), said Dato’ Sri Mustapa Mohamed, Minister in the Prime Minister’s Department.

“Changes in systems, business models, economic assumptions, market rules and governance frameworks are required to tackle the challenges posed by the energy transition and decarbonisation. The OGSE industry plays an integral role in this as industry players are best positioned to advise on technological needs and technical knowhow. The government will press on with our efforts to engage and collaborate with the industry,” said Mustapa in his keynote address at the National OGSE Roadshow 2022 today.

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