PETRONAS OGSE Partners Day Discusses Industry Competitiveness To Shape A Resilient Future

KUALA LUMPUR, Sept 4 (Bernama) -- In its second installment, PETRONAS Oil & Gas Services and Equipment (OGSE) Partners Day brought together over 1,000 industry players and stakeholders, including key associations, federal and state departments and agencies to exchange insights on building robust, resilient and competitive industry players for a sustainable energy ecosystem. Key topics discussed included energy transition, technology innovation and adoption, financing strategies, growth opportunities and the development of human capital and capacity.

At the event, PETRONAS also formalised a Memorandum of Understanding (MoU) for the renewal of its Vendor Financing Programme (VFP) with nine panel financial institutions. The programme, which was introduced in 2018, has successfully facilitated access to financing amounting to RM 1.9 billion for over 300 applicants to assist vendors in building their financial resilience amidst the changing energy landscape.