Global and Regional MarketsNews

Malaysian Pavilion inaugurated at OTC

By Joanne Liou, editorial coordinator

The Malaysia External Trade Development Corp (MATRADE) celebrated the inaugural opening of the international Malaysian Pavilion, booth 11909, at OTC in Houston, on 30 April. The 4,000-sq-ft pavilion showcases about 30 Malaysian oil and gas companies and agencies, including Kencana Petroleum, SapuraCrest Petroleum and UMW Oil & Gas Corp.

Dato’ Mah Siew Keong, chairman of MATRADE, welcomed participating companies and members of the media at the opening ceremony. The growth of the Malaysian oil and gas industry continues to invigorate the regional support industry, providing services and products from enhanced oil recovery to exploration and logistics, Dato’ Keong said. “Malaysia targets to be the No 1 oil field services hub in Asia by 2017,” he added.

The increasing globalization and liberalization of trade and investment makes it imperative for developing countries to collaborate and expand bilateral trade and investment ties, he said. Dato’ Keong said he hopes the relationships Malaysian companies have established will continue to grow and become stronger.

IADC hosted an invitational appreciation golf outing in Kuala Lumpur on 21 April. Stay tuned to DrillingContractor.org for an exclusive video interview with Datuk George Ling, drilling advisor for PETRONAS.

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