Entrepreneurs urged to complement each other

Key Point

  • PETRONAS reached out to Sabah & Labuan vendors to increase participation in Oil & Gas services and equipment sector.
  • Local vendors encourage to collaborate and complement each other’s strength and capabilities.

KOTA KINABALU: PETRONAS reached out to vendors in Sabah and Labuan as part of its continuous effort to boost local participation in oil and gas activities, particularly in the Oil and Gas Services and Equipment (OGSE) sector.

International Trade and Industry Minister Datuk Darell Leiking officiated at the event, called “Sabah and Labuan FT Vendor Empowerment Programme” last weekend.

In his speech, Leiking urged Sabah and Labuan entrepreneurs to take the opportunity to enhance their capability and competitiveness to move forward and take on strategic responsibility in contributing towards the development of the state.

“Local vendors are encouraged to collaborate to complement each other’s strengths and capabilities and widen their offerings or work together with vendors outside Sabah, as well as with international players to compete and grow,” he added.

PETRONAS Corporate Strategy senior vice-president Mohamed Firouz Asnan said PETRONAS has been proactively nurturing local entrepreneurs through procurement-related clinics such as licensing and registration, tender bid clinics, and showcasing offerings and incentives provided by industry enablers.

He said PETRONAS also holds industry dialogues regularly to share on its activity outlook and development as a way of preparing vendors for budget and business development planning.

“From base scopes to more complex ones, these vendors play crucial roles in providing products and services to PETRONAS operations offshore and onshore including those operated by PETRONAS Carigali, Shell, KPOC, and Repsol.

“In the downstream sector, vendors also provide services at 69 PETRONAS service stations, as well as at PETRONAS Chemicals Methanol Sdn Bhd, PETRONAS Chemicals Fertiliser Sabah Sdn Bhd in Sipitang, and PETRONAS Gas,” he added.

Through the event, participants were able to get more information on how to be licensed or registered with PETRONAS and its subsidiaries including its retailer network.

Also present at the event were Sabah Tourism, Culture and Environment Ministry permanent secretary Datuk Datu Rosmadi Datu Sulai, representing State Secretary Datuk Hashim Paijan as well as Sabah Trade and Industry Ministry permanent secretary Datuk Madiyem Layapan and PETRONAS Group Procurement vice-president Samsudin Miskon.

Source: The STAR Online



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1 reply


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