{
  "id": 9275252,
  "title": "Overseas markets key to growing Malaysia’s oil and gas services sector in next three years, says economy minister",
  "url": "https://urgent.news/2026/09/23/overseas-markets-key-to-growing-malaysias-oil-and-gas-services-sector",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-23T05:07:31.000Z",
  "source": {
    "name": "Malay Mail",
    "slug": "malay-mail",
    "url": "https://www.malaymail.com/news/malaysia/2026/09/23/overseas-markets-key-to-growing-malaysias-oil-and-gas-services-sector-in-next-three-years-says-economy-minister/236216"
  },
  "original_language": "en",
  "account": "KUALA LUMPUR, September 23 - The Malaysian government anticipates the oil and gas services and equipment (OGSE) sector to witness growth in the coming two to three years by expanding into overseas markets, according to Economy Minister Akmal Nasrullah Mohd Nasir. Speaking to reporters, Nasir emphasized that increased international market participation would bolster the sector's revenue sources and enhance the resilience of Malaysian OGSE companies against economic and industry disruptions. He explained that focusing on the international oil and gas market, developing nations would prove advantageous for expansion. Consequently, Timor-Leste has emerged as one of the potential destinations for the sector's venture within the framework of the international market access program. However, Nasir stressed that groundwork must be laid out through the Malaysia Petroleum Resources Corporation (MPRC) to establish a rapport and facilitate the process.",
  "summary": "KUALA LUMPUR, Sept 23 — The government expects the oil and gas services and equipment (OGSE) sector to increase it...",
  "key_points": [
    "Malaysian economy minister predicts OGSE sector growth in next 2-3 years",
    "International market participation aims to boost revenue and resilience",
    "Timor-Leste identified as potential overseas market for sector expansion"
  ],
  "editors_take": "Expanding into overseas markets, particularly in developing nations like Timor-Leste, will bolster revenue sources and enhance resilience for Malaysian oil and gas services and equipment companies.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Malay Mail",
        "title": "Overseas markets key to growing Malaysia’s oil and gas services sector in next three years, says economy minister",
        "url": "https://urgent.news/2026/09/23/overseas-markets-key-to-growing-malaysias-oil-and-gas-services-sector-9276616",
        "published": "2026-09-23T05:07:31.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}