Published on: Friday, June 09, 2023
By: Larry Ralon
Nizam trying out a racing simulator at the Petronas exhibition booth while Dolly and other VIPs look on.
KOTA KINABALU: The two-day 10th Edition of Sabah Oil and Gas Conference and Exhibition (SOGCE) 2023 kick-off at the Sabah International Convention Centre (SICC), Thursday, was participated by 71 companies that are occupying some 100 booths.
The conference presents highly impactful paper presentations and plenary sessions by experts in the oil, gas and energy industries, representing local and international organisations, while the exhibition that runs concurrently showcases the latest equipment, technology and solutions to demonstrate competitive advantages and competencies that include international and regional energy companies, service providers and oil companies.
This year’s SOGCE, themed “Energy Security & Sustainability of Oil, Gas & Energy Industry in Sabah”, was officiated by Chief Minister Datuk Seri Hajiji Noor, who was represented by Assistant Minister to the Chief Minister Datuk Nizam Abu Bakar Titingan.
Its Organising Chairperson Dolly Jimayol said SOGCE, which was created to assist and complement the State Government in promoting the oil, gas and energy industry in Sabah, is seeing incremental interest by Sabah local companies, as well as by companies from Labuan.
“This year we have International companies from China, the United Kingdom (UK) and Singapore as well as the rests are from Peninsula and Sarawak,” she said in her welcoming address at the opening of the event.
On the conference, Dolly said the oil, gas and energy industry is so vital for economic growth and Sabah needs to ensure secure, affordable and sustainable supplies of energy for energy security and sustainability, thus the conference will focus firstly on the Overview of Oil, Gas & Energy Industry, by Ir Firouz Asnan, Senior Vice President, Malaysia Petroleum Management, Petronas, followed by a paper on How can National Energy Policy (NEP) transform the Malaysian Energy Landscape, especially in new growth areas that will benefit Industry players; and a paper on Opportunities & Challenges in the Upstream Business: Deep Water, Marginal and Sour Gas Fields.
“In-depth discussion on Energy Security & Sustainability in Oil, Gas & Energy Industry where panellists will share their respective companies’ initiatives and call to action and their aspirations for Malaysia in general and Sabah in particular.
“How will the industry transform as we gear towards Energy Transition? This will be discussed under the topic of The New Horizon: A Comprehensive Outlook towards the Energy Transition.
We will listen to how plans to spearhead the development of diversification of energy sources for electrification within the state, how gas ensures energy security and a pragmatic pathway towards the transition and how to make the transition well balanced to ensure the security of supply and social needs are taken care of.
“Getting deeper into the discussion, we will listen to experts on this topic on Clean Energy Solutions: Opportunities in the Energy Transition.
“Paper on OGSE - Backbone of Malaysia’s nation building and its importance in the overall Energy Ecosystem will focus on areas that the industry needs to be addressed leading to the establishment of a sustainable execution plan that includes inter alia, advocacy for energy transition and transformation,” she said.
She added the conference will also focus on ESG: How it applies to the Oil, Gas & Energy Industry and why it matters by revisiting the history of ESG establishment and updating the current global/regional journey of ESG in achieving its aspiration, a Net Zero Carbon Emissions by 2050 pathway and its delivery as well as the impacts of ESG to OGSE sector and its visible challenges.
“The session on Oil and Gas Services and Equipment (OGSE) Industry Positioning & Securing New Opportunities amidst Energy Transition will be captivating as this will inter alia touch on the sustainability agenda in this industry, as well as to advance Sabah’s OGSE industry and how to drive the sector’s development towards cleaner and sustainable energy.
“Malaysia’s voluntary carbon market exchange (VCM), is part of the nation’s commitment towards achieving net zero greenhouse gas (GHG) emissions as early as 2050. On this, we will listen to this topic of paper on Bursa Carbon Exchange: Accelerating a Net Zero Future.
“While various types of greenhouse gases contribute to climate change, global strategies have thus far mainly focused on cutting emissions of carbon dioxide.
However, methane is a much more potent gas compared to carbon dioxide. This paper on Opportunities for Methane Reduction in the O&G Sector is in support of Malaysia’s Climate Goals.
“The paper presentations on Power to Gas Concept/Solutions for Optimized H2-Electrolysis; and for paper on ESG & Insurance:
Through the Looking Glass, this presentation would bring to the reality of ESG; connecting ESG to the Corporate World and the changes demanded by ESG,” she said, adding the finale of the conference will be on Conversation with Special Guest, Dr Dionysia Kibat, Chief Executive Officer of SMJ Sdn Bhd.
Dolly said this year’s SOGCE 2023 also features the SOGCE - SPE KLS NextGen Energy Leader Programme for young professionals and Energy4me for secondary students.
The SOGCE Networking Golf will also be organised by a supporting organisation, the Malaysian Oil, Gas & Energy Services Council and hosted by Midas Events Management, where part of the proceeds will go towards a charitable organisation, The Society of Hope Sabah.
SOGCE is the only oil, gas and energy conference and exhibition aimed at providing an industry platform for oil, gas and energy companies to meet and discuss pivotal industry issues to help grow and explore opportunities in the Sabah oil, gas and energy industry.
Created to assist and complement the State Government in promoting the Oil, Gas & Energy Industry in Sabah, SOGCE also spurs collaborations, and partnerships for mutual benefits as well as providing vast opportunities for local contractors to be involved in the oil, gas & energy industry.
“SOGCE also aims to attract international and domestic oil, gas and energy executives from various oil, gas and energy companies,” said Dolly.
Two Memorandums of Understanding (MoUs) and a Statement of Intent were also signed and exchanged after the opening ceremony.