National OGSE Industry Blueprint
2021- 2030

The National OGSE Blueprint (OGSE Blueprint) 2021-2030 was launched in April 2021 by Minister in the Prime Minister’s Department (Economy) to develop a robust, resilient and globally-competitive Malaysian OGSE sector which contributes to the sustainable development of National priorities. 

The implementation and progress of the OGSE Blueprint is coordinated by Malaysia Petroleum Resources Corporation (MPRC), an agency under the supervision of the Ministry of Economy tasked with advancing the OGSE sector.

A robust, resilient, and globally competitive Malaysian OGSE sector which contributes to the sustainable development of National priorities

National OGSE Industry Blueprint’s Vision Statement

Source : National OGSE Industry Blueprint 2021-2030

OGSE Indicators

Competitiveness

Industry Profit-before-tax

 

10%

~4%

Exports as a proportion of total revenue

50%

32%

Resilience

Revenue per company

 

RM60 mil

~RM25 mil

Sustainability

Number of OGSE100 companies reporting sustainability practices

70

32

Number of companies in the Dow Jones Sustainability Index

5

0

Development

Pipeline of VDP graduates

 

60

~30

Proportion of listed companies in the industry

2%

1%

Market share of SMEs

 

10%

10%

Number of billion-ringgit companies

 

15

8

Proportion of local principals in the industry

 

80%

~70%

XX Baseline based on 2019

XX Target end-state, 2030

XX Baseline (latest year available)

31 recommendations have been identifieded to drive the OGSE industry

Download below the “National OGSE Industry Blueprint 2021-2030” for more information on each initiatives

INITIATIVE OWNERS

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