KUALA LUMPUR, Oct 7 (Bernama) — Budget 2023 will uplift oil & gas, services and equipment (OGSE) players with at least RM10 billion in funding to be made available directly for the sector’s benefit, said Mohd Yazid Ja’afar, President/CEO of Malaysia Petroleum Resources Corporation (MPRC).
“We commend the expansion of the RM1 billion Maritime and Logistics Fund by Bank Pembangunan Malaysia Berhad to include oil & gas support services as well as shipbuilding and repairs. This is expected to benefit OGSE players, especially the close-to-100 offshore support vessel (OSV) service providers in Malaysia.
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