SMEs secure RM3.33b deals at OTC Asia
NewStraitsTimes Online, 4 April 2014
KUALA LUMPUR: Small and medium enterprises (SMEs) secured contracts worth RM3.33 billion at the Offshore Technology Conference Asia 2014 (OTC Asia), the first to be held in the region.
Twenty-five local SMEs participated in the four-day conference that began last Tuesday at the Kuala Lumpur Convention Centre, said the Malaysia External Trade Development Corp (Matrade).
Among the oil and gas products sourced were equipment for oil and gas refineries, oilfield chemicals, pipelines, anti-corrosion chemicals, case tubing and pressure vessels.
For the oil and gas services, the SMEs offered Hydrogen Sulphide (H2S) safety management, engineering designs, cleaning, repair, maintenance of pressure vessels and storage tanks, pigging services, logistics, non-destructive tests and fire and gas detection system, it said.
At the conference, Matrade also coordinated the signing of two memoranda of understanding between Tekno Logam, Japan Mate and Neuron Japan; and Oilfield Technical Inspection and Sky-Futures Partners Ltd.
The signing was witnessed by International Trade and Industry Minister Datuk Seri Mustapa Mohamed and Matrade chief executive officer Datuk Wong Lai Sum. Bernama