Initiatives under the OGSE Blueprint
The Mid-Term Review of Malaysia’s National OGSE Industry Blueprint 2021-2030 will focus on sustainability and energy transition. Led by Malaysia Petroleum Resources Corporation (MPRC), the review aims to align with government policies, including the Mid-Term Review of the Twelfth Malaysia Plan, the National Energy Policy 2022-2040, and the National Energy Transition Roadmap.
The country is accelerating its low-carbon goals, targeting net-zero greenhouse gas emissions by 2050. The review will guide OGSE companies on sustainability practices and explore a growth facility for them to transition into adjacent sectors within new energy.
Other initiatives for 2024 include upskilling workers and promoting OGSE career opportunities.
In addition to the Mid-Term Review, MPRC and the OGSE Blueprint partners would also deliver on OGSE Blueprint focus areas for 2024 including:
“I envision that these OGSE Blueprint efforts will continue to empower the OGSE industry and urge all parties involved to redouble their efforts towards the industry’s sustainability,” concluded Rafizi.
Anwar blames Felda’s RM10 billion losses on mismanagement and political interference, pledges reforms to protect…
AMRO upgrades Asean+3 growth to 4.1% in 2026, citing AI demand, but warns risks from…
Renewed US-Iran tensions have decreased vessel traffic in the Strait of Hormuz, impacting oil prices…
Sepang International Circuit may host a Formula One race with Bahrain potentially funding costs, reviving…
Overland pipelines help bypass Gulf blockades, but shipping delays and rising costs continue to strain…
Malaysia and Russia deepen diplomatic ties ahead of their 60th anniversary, enhancing collaboration in trade,…
This website uses cookies.