Yayasan Pesara Kerajaan Malaysia Acquires 30% In Oil & Gas Start Up MOGS – BERNAMA

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Source: http://www.namnewsnetwork.org/?p=107828

KUALA LUMPUR, Dec 29 (Bernama) – As the oil and gas industry has been impacted by a double blow of COVID-19 pandemic and low oil prices, start-up Mulk Oil & Gas Synergy Sdn Bhd (MOGS) enters the Malaysian market to offer their expertise in reviving idle oil wells in Malaysian waters.

Established in May 2020. MOGS plans to offer an innovative state-of-the-art technology solution on well services. The company aims to collaborate with Production Sharing Contract (PSC) operators under their well reactivation programme for idle wells in Malaysia.

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