OGA 2017 boasted a total of 16,535 visitors who attended the show from this year’s 11-13 July. Some 1,641 companies from 47 countries in the Oil & Gas sector, gathered at the Kuala Lumpur Convention Centre to showcase their products and services this time around.
Touted as the region’s No.1 Oil & Gas event, OGA 2017 covers 20,000 sq metres of space and has attracted 11 international group pavilions from Australia, China, France, Germany, North America, Norway, Scotland, Singapore, South Korea, Netherlands and the United Kingdom.
OGA 2017 aims to tackle ongoing challenges and emerging opportunities in the Asian Oil & Gas industry.
OGA 2017 was officiated by Dato’ Seri Dr. Ahmad Zahid Hamidi, Deputy Prime Minister of Malaysia on the first day of the show
This year’s OGA was officiated by Dato’ Seri Dr. Ahmad Zahid Hamidi, Deputy Prime Minister of Malaysia on the first day of the show, who later went on to tour the exhibition halls. “If 2016 was the ‘year of tough decisions’ for the Oil and Gas industry, then 2017 could be the road to recovery.” he remarks. 
Zahid said one of Malaysia’s key aspirations is to grow the oil field services industry, in line with the government’s vision to catapult Malaysia into a high-income nation by 2020. The government of Malaysia has issued various policies and incentives to spearhead the growth of the O&G industry, such as reduction of taxes for companies involved in marginal field development, opening up access to LNG imports and the launch of the Global Incentives for Trading (GIFT), to encourage more global companies involved in the trading of petroleum to establish their presence in Malaysia. “Despite the tumultuous period of the past couple of years, the industry remains incredibly resilient.” He said.
In this climate, there are plenty of opportunities for Oil and Gas players to explore. This is the best time for players to diversify into related product or service offerings and add new market segment, including exploring new areas in downstream. There has been a shift in the mindset among Oil and Gas players who are leaning towards shorter-cycle projects to lower their risk.
By 2020, Malaysia envisions the Oil, Gas and Energy (OGE) sector to generate US$40 billion in incremental income. To achieve this, all avenues and opportunities within the sector should be operating at maximum capacity.
Vip Tour by YAB Dato’ Seri Dr. Ahmad Zahid Bin Hamidi, Deputy Prime Minister alongside YAB Tun Abdullah Ahmad Badawi, Advisor of Petronas and YBhg Tan Sri Sidek Hassan, Chairman of Petronas
Vip Tour by Datuk Wan Zulkiflee Wan Arrifin, President & Group CEO of Petronas
Vip Tour by Datuk Mohd Anuar Taib, Executive Vice President & CEO Upstream of Petronas
OGA 2017 proves to be one of the most influential gatherings of Oil & Gas executives and is an important platform for establishing and building business relations. International oil and gas exploration and production companies such as Aker Solutions, Barakah Offshore, Draeger, Elliott-Ebara, Essem Corporation Sdn Bhd, IHC IQIP, Matco Malaysia Sdn Bhd, Mitsubishi Electric Asia, Neu Dimension, T7 Global Berhad, TechnipFMC, The Olio Group and Valvitalia, exhibited alongside numerous independent specialist suppliers and distributors.
Besides Subsea Malaysia and some exhibitors’ presentation such as Petronas, Automation & Control System Sdn Bhd, also held concurrently with OGA 2017 is the inaugural Women in Energy 2017 Forum organized by the Malaysian Gas Association in collaboration with PEMANDU. The first of its kind in the region, the forum discussed and addressed the need for greater improvement of women in the energy sector and how to establish the role of women in driving market liberalization.
For the very first time at OGA 2017, a lucky draw for trade visitors was held with amazing prizes up for grabs ranging from the latest gadgets including Huawei P10, Samsung S8, iPhone 7 Plus and more and Hotel vouchers by Mandarin Oriental Hotel.
OGA 2017 offers such a platform, encouraging local and regional service providers to explore new opportunities and enhance their capabilities in order to stay ahead of the curve. The next edition, OGA 2019 will be back from 18-20 June 2019 at the Kuala Lumpur Convention Centre.
