FINANCING SCHEME

Oil & Gas Services and Equipment Development Grant (OGSE DG)

Malaysia Petroleum Resources Corporation (MPRC)

To facilitate the development and advancement of technology and innovation among OGSE SMEs and MTCs, enabling greater market competitiveness and resilience.
To accelerate the commercialisation of new and existing technologies with strong innovation potential that contribute to industrial growth and national economic value.
To promote the establishment of sustainable business ventures and encourage technological advancements that support energy transition and sustainability in line with the national agenda.
To encourage the protection, utilisation, and monetisation of Intellectual Property (IP) through filings, registrations, and acquisitions.
To strengthen the capability and capacity of Malaysian technology-based enterprises, fostering a more sustainable, innovative, and competitive OGSE ecosystem.

70%-30% matching grant and 70% portion is up to RM250,000

One-off reimbursement

All Malaysian OGSE SMEs/Mid Tiers with minimum of 51% equity held by Malaysian citizen
The proposed project must be at a minimum Technology Readiness Level (TRL) 4, representing the prototype or validation stage to ensure technological maturity and feasibility for further development or commercialisation.
Minimum paid up capital in cash of RM10,000
Company directors and project team members have not been convicted of an offence involving bribery, fraud or dishonesty.
Proposed project must contain elements of Technology or Innovation or Export that relevant to OGSE Industry
The company must demonstrate strong financial capability and be deemed operationally fit to undertake the proposed project.

Prototype Development
- Purchase materials/consumables
- Lab testing/validation
- Development of systems, platforms or software
Obtaining Standards/Certification
- Certification for export / local market
Intellectual Property
- Filing patent/trademark/industrial design, etc.
- Acquiring/licensing IPs from 3rd party
Consultation
- Engage SMEs (consultant company) for technical assistance
Sector-specific Intelligence
- Market intelligence reports
- Subscriptions of global data
Marketing and Promotion
- Participate in local or overseas exhibitions/conferences, etc.
- Promotional materials (video, brochure, etc.)
Training and capacity building related to scope of funding
- Specialised technical courses, system operation, or technology adoption and upskilling initiatives
Renewable Energy & Energy Transition Adoption
- Activities, assessments, and support services related to the integration of renewable energy solutions and the enhancement of energy efficiency

Fill the form to get the application procedure link