MATRADE Supports Malaysian O&G Companies to Diversify Export Markets

MATRADE is helping Malaysian Oil & Gas Services and Equipment (OGSE) companies expand into new markets across Asia, the Middle East, Africa, and Latin America to reduce dependency on traditional markets. Malaysia's O&G sector contributes approximately 20% of GDP, with 2025 petroleum product exports at RM103.55 billion (6.4% of total exports), plus LNG and crude oil contributing an additional RM71.05 billion. Case study: MIR VALVE Sdn Bhd operates in 40+ countries, delivered 36,000+ valve products globally, secured a RM10 million subsea pipeline contract in India, and supports 65 Malaysian SMEs in its supply chain. MATRADE's Mid-Tier Companies Development Programme (MTCDP) and international exhibitions like ADIPEC are key support mechanisms.