OGSE Company Recognition

What is OGSE Company Recognition?

OGSE recognition is granted by the Government of Malaysia through relevant government agencies such as MPRC, MIDA, MATRADE, SME Corp and DOSM, industry trade associations such as MOGSC, MOSVA and MOGEC, and PETRONAS for oil and gas services and equipment (OGSE) companies in Malaysia.

It is awarded to OGSE companies that are active in upstream or downstream activities and are not required to be licensed or registered with PETRONAS. Companies nevertheless still need PETRONAS license to operate in Malaysia.

OGSE recognition is awarded to companies that qualify via meeting the criterias.

Eligibility Criteria

OGSE Recognition

To be eligible to apply for the recognition of OGSE companies and the benefits, a company is required to meet the following criteria:

Registration or licensing status
  • Must be registered with Suruhanjaya Syarikat Malaysia (SSM), and
  • Minimum paid up capital of RM10,000
Spend Status
  • Active oil and gas spend 
Revenue requirement
  • Must show contribution from the oil and gas activities
Criticality requirement

Benefits

OGSE companies will enjoy the benefits of:

RECOGNITION

Being recognised by government agencies such as Economic Planning Unit (EPU), Malaysian Investment Development Authority (MIDA), Malaysia External Trade Development Corporation (MATRADE), SME Corporation and Department of Statistics Malaysia (DOSM)

CATALOGUE

Being listed in the OGSE Catalogue where their capabilities will be promoted in international markets or events

PREFERRED POINT

Being the preferred point for international and national oil companies, government agencies, financial providers, and contractors

How to be Recognised

To register for OGSE companies, here are steps that you will need to go through

01 Registration

02 Assessment

  • Your registration will be reviewed to ensure applicants meet the criterias

  • A notification email will be sent to successful applicants

  • This step takes 7 working days

03 OGSE Catalogue

  • Once a company is recognised as OGSE Company, a separate email will be sent to your registered email for the OGSE Catalogue data gathering

  • This step takes 20 working days

Start applying now and be recognised as OGSE company

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