MPRC Brings Key Innovation Pathfinders to MOGSEC 2016

KUALA LUMPUR, September 28, 2016—Malaysia Petroleum Resources Corporation (MPRC) returns to the 3 rd Malaysia Oil & Gas Services Exhibition and Conference with Innovation Pavilion, showcasing ongoing R&D projects by universities as well as financing schemes by RHB Bank, Malaysia Investment Development Authority (MIDA) and Malaysian Technology Development
Corporation (MTDC).


The Innovation Pavilion, officiated at MOGSEC 2016 by PETRONAS’ President & Group Chief Executive Officer, Datuk Wan Zulkiflee Wan Ariffin, highlights the need for continuous linkage between the industry, financial institutions, government agencies and universities regardless of the oil and gas business cycle to innovate.


Universities exhibiting at the Innovation Pavilion include University of Malaya, Universiti Teknologi Petroleum and Heriot-Watt University where they will share their research prowess in oil and gas. Their research areas include reservoir characterisation, enhanced oil recovery, carbonate research among others to all industry attendees at the three-day MOGSEC 2016.


To increase awareness on available financing schemes for OGSE companies and SMEs, RHB Bank will share exciting schemes such as working capital financing for its SMEs. Also exhibiting under the Innovation Pavilion is MIDA, the government’s principal promotion agency to oversee and drive investments into the manufacturing and services sectors in Malaysia.


The Pavilion also saw the launch of three new MPRC publications on Day 1—SME GROW FY2014, Financing Schemes for OGSE Companies and Doing Business in Southeast Asia 2016-2017 Vol 1—which is part of MPRC’s endeavour to help Malaysian OGSE companies develop indigenous technologies and improve competitiveness.


Day 2 of MOGSEC 2016 will see the recognition of six collaboration agreements between six companies and four universities in the areas of subsurface technology, marine systems and topside process engineering.


Of these six collaborations, two will be on R&D-related internships for OGSE companies, where Malaysian OGSE companies Uzma Bhd and Kewpump (M) Sdn Bhd will provide student researchers a hands-on industry R&D environment. The collaboration partners are:

 

  • Scomi Oiltools Sdn Bhd and University of Malaya
  • Collaboration on Drilling Fluids and EOR Surfactant
  • MIT Technologies Sdn Bhd and University of Malaya
  • Collaboration on Drilling Tool 
  • Kewpump (M) Sdn Bhd and Universiti Teknologi PETRONAS

Internships for R&D 

Press Release
For Immediate Release


Integrated Well Services Sdn Bhd and Universiti Teknologi Malaysia

Collaboration on Desander 

Huricane Geo Inspection Survey Sdn Bhd and Universiti Teknologi Malaysia

Collaboration on Geomatic Positioning Tools 
UZMA Bhd and Heriot-Watt University
Internships for R&D

Besides meeting relevant experts and researchers from universities, representatives from government agencies and RHB Bank at the Innovation Pavilion, visitors will be able to participate in the Meet-The- Experts sessions on topics such as :-

  • Collaborative innovation in a cost-conscious market
  • Commercialisation Funding
  • Growing Local Capabilities Through Domestic Direct Investment Initiative
  • Oil-prone coals of Northwest Borneo
  • Underwater Development & Business Opportunities
About MPRC

Malaysia Petroleum Resources Corporation (MPRC), an agency under the Prime Minister’s Department was established in 2011. The agency is responsible for growing Malaysian OGSE firms and leveraging on Malaysia’s strategic geographical location to enhance its position as the preferred hub for OGSE activities in the region. As the OGSE development agency, MPRC helps to promote,
catalyse and globalise the country’s OGSE capabilities in the upstream, midstream and downstream segments. To learn more about what we do, do visit www.mprc.gov.my.