Malaysian firms secure $7.2-bn oil and gas deals in Houston
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Malaysian oil and gas firms secured US$7.2 billion (Bt225.6 billion) in new business opportunities at the recently concluded Offshore Technology Conference in Houston.
The business opportunities ranged from oil and gas exploration, fabrication of oil and gas structures as well as shipbuilding and offshore support, Malaysia External Trade Development Corp (Matrade) said in a press release.
The conference began on April 30 and continued through to May 3.
During the conference, more than 145 meetings were arranged for Malaysian companies participating at the Malaysian Pavilion coordinated by Matrade in collaboration with Malaysia Petroleum Resources Corp and the Malaysian Investment Development Authority.
Two memorandums of understanding were signed, one between Muhibbah Engineering and US company Ford, Bacon & Davis for engineering and project management services for oil, gas and energy, and the other betweeen Innovative Fluid Process and Americas Energy for the provision of facilities, system design and engineering.
