Malaysia has a well-developed oil and gas sector and a growing petrochemicals industry. The groundwork for the development of the Oil and Gas Industry of Malaysia was laid down when the Malaysian Parliament passed the Petroleum Development Act in 1974. The industry has hence developed to become one of the most important economic sectors of Malaysia.
The energy sector has also taken advantage of the engineering and technological advances and has become a sector of great interest to engineers and entrepreneurs. The country's oil
& gas industry has developed from mere production of crude for export to value-added downstream production of commodity and engineering plastics, petrochemicals and fertilizers.
The Global O&G Sector has received lot of attention with the recent increases in crude oil prices, reduction in Government subsidies causing an increase in consumer price and a parallel increase in discovery of new oil fields. Beyond all published Projections, experience and layman sense has it that O&G will forever remain a spot of interest as one of the key determinants of a nation's economy. More so for a country like Malaysia which has the world's 27th largest crude oil reserves at an estimated 3.6 billion barrels and the 12th largest natural gas reserve of 85.8 trillion cubic feet and is the world's single largest producer of liquefied natural gas.
The oil & gas industry is multidisciplinary in nature and constantly creates opportunities for professionals from different academic backgrounds and specializations. The main activities under this sector are:
1) Exploration & Production
2) EPIC (Engineering, Procurement, Installation,
Construction & Commissioning)
3) Inspection
4) Refinery
5) Petrochemical
6)
Retail
Each of the above activities have related sub-processes and activities and what is common among all of them is the fact that they are all specialist functions requiring highly skilled resources irrespective of the size and spot of operations.
Select Appointment's Oil & Gas (Energy) vertical has its skills in understanding the Industry thoroughly and sourcing for the relevantly skilled candidates and matching them against the various job options available across the industry. With a constant scanning of the market for the best and outstanding skills, the Energy vertical works to connect the best Energy companies with the best candidates in the sector.
++> Services from the Oil
& Gas Vertical