Malaysia’s National Oil & Gas Services and Equipment (OGSE) Industry Blueprint Convenes Inaugural Steering Meeting

KUALA LUMPUR, 11 November 2021 – The Economic Planning Unit (EPU) and Malaysia

Petroleum Resources Corporation (MPRC) recently organised an inaugural steering

committee of the National OGSE Industry Blueprint 2021-2030 that was chaired by Minister in

the Prime Minister’s Department (Economy), Dato’ Sri Mustapa Mohamed.


The Blueprint Steering Committee, which was established following the launch of National

OGSE Blueprint in April this year, on Monday reviewed the progress over the last eight months

of the Blueprint implementation, specifically the initiatives that have been rolled out this year

and endorsed five programmes escalated by initiative owners MPRC, MIDA, and MATRADE.

The endorsed programmes include a Government point of contact for oil and gas services and

equipment (OGSE) industry via a web-portal—an MPRC-owned initiative—that was launched

in September. Other initiatives endorsed by the Committee include efforts undertaken towards

defining and recognising OGSE companies and establishing a baseline to track the progress

and development of the sector.


The Committee, with EPU’s Energy Division and MPRC jointly serving as secretariat,

comprises Secretary Generals from the Ministry of Finance (MOF), the Ministry of International

Trade and Industry (MITI), the Ministry of Entrepreneur Development and Cooperatives

(MEDAC), the Ministry of Science, Technology and Innovation (MOSTI), the Ministry of Higher

Education (MOHE), the Ministry of Human Resources (MOHR), Senior Deputy Secretary

General of the Prime Minister's Department and EPU Director General, with the Minister in the

Prime Minister Department (Economy) serving as chair. The Steering Committee convenes

for meeting at least twice a year during the implementation phase of the Blueprint.


The Blueprint—an effort by the Malaysian Government to solve existing structural challenges

in Malaysia’s OGSE sector—identified 31 initiatives across key levers including export,

Bumiputera development, technology, industry and financial strength, and talent.

In support of the sector’s continued growth, EPU also worked closely with MPRC in developing

and designing the OGSE Development Grant (OGSE DG), alongside the Blueprint to enhance

local Mid-Tier Companies (MTC) and Small Medium Enterprises (SMEs) players’

competitiveness through innovation and export. The RM25 million OGSE DG was launched

in April together with the Blueprint. As of November, the OGSE DG has selected 10

companies, or equivalent to RM2.2 million in disbursement.


“Based on figures provided by MPRC, I am pleased to announce that the OGSE DG is on

track towards achieving its target of RM5 million in annual disbursement to eligible and

approved companies. This is a heartening development as we believe companies that

embrace innovation will better navigate and thrive in a competitive and evolving energy

landscape,” Mustapa said.


MPRC President and Chief Executive Officer, Mohd Yazid Ja’afar, added that together with

EPU, MPRC will continue to deliver meaningful impacts to the OGSE industry to reach its full

potential. The Development Grant will assist in increasing OGSE companies’ competitiveness

in the industry, accelerate innovation and drive them move towards commercialisation and



The OGSE Development Grant is part of the Twelfth Malaysia Plan to assist and facilitate high

potential OGSE Small and Medium Enterprises (SMEs) and Mid-Tier Companies (MTCs) to

move and develop their technology and innovation along the complex stages of the

commercialisation process. The grant is a matching fund on a 70:30 basis. Details of the

OGSE Development Grant are available at