Norwep’s Malaysia Energy Advisor, Mr. Tuan Hai Ewe (center), gave an analysis of the markets in Malaysia, Myanmar and Brunei at meetings in Arendal and Kristiansand Tuesday. Left: Per Hagen, Norwep's Regional Director Australia, Azerbaijan, China and Southeast Asia. Right: Ola Engehagen, Umoe Advanced Composites.

Norwep’s Energy Advisor in Malaysia gave an analysis of the oil and gas markets in Malaysia, Myanmar and Brunei at meetings in Arendal and Kristiansand Tuesday.

10 people representing 7 companies attended the meeting in Arendal. Several shared stories from past and ongoing activities in Malaysia.

“The all-important is to meet the requirement for licensing. You have to be on the Petronas vendor list. That is the only way you will be invited to participate in bidding for contracts,” explained Norwep’s local energy advisor in Malaysia, Tuan Hai Ewe.

Petronas is Malaysia’s fully integrated oil and gas multinational and the dominant company in the region. According to its own outlook report, Petronas controls 12 billion barrel of oil equivalents of undiscovered resources.

The company is undergoing a transformation from Petronas Technical Standards to full adaption of international standards by the end of 2020.

“Petronas is currently also looking for cost-efficient solutions for plug and abandonment and decommissioning,” said Ewe.

GCE NODE and Norwegian Energy Partners (Norwep) arranged the meeting.

“This was a great opportunity for GCE NODE participants and Norwep members to discuss their Malaysia, as well as Brunei and Myanmar, business strategy and actions,” says Bjørn Saltermark, Project Manager at GCE NODE.

February 24th 2021

Tratec: Happily diversified