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OGSE Innovation Awards

OGSE Innovation Awards

Join us for the 5th OGSE Innovation Awards (OIA), hosted by the Malaysian Oil, Gas & Energy Services Council (MOGSC) in partnership with Oil & Gas Asia (OGA). This esteemed event recognizes industry leaders in innovation, sustainability, and net-zero carbon initiatives in the oil & gas sector. Showcase your innovative solutions to a regional audience, gain exposure to potential customers and investors, and pitch your ideas to key decision-makers. The OIA Pavilion, located within the prestigious MOGSEC 2024, offers networking opportunities with industry visionaries and potential funders. Don’t miss this chance to shine alongside Oil & Gas Asia (OGA) 2024.

OGSE Innovation Awards

The goal is to foster innovation and commercialization within the oil and gas industry, including OGSE companies. This involves recognizing companies and individuals who are leading in innovation, offering them a platform to showcase their novel products and services to potential investors or buyers, and facilitating networking and collaboration within the industry. Additionally, promoting collaboration between academia and the industry is emphasized to encourage the development and commercialization of new technologies and ideas.

Who Is Eligible

• The company must be a Malaysian owned entity (at least 51%)
• Malaysian proprietary technology is relevant for the oil, gas & energy industry
• Must have a least a working prototype for demonstration (TRL 4 onwards required to be eligible for the grant)
• If commercialised, the product must be less than 5 years in the market
• Intellectual Property Ownership is a plus
• The proposed project has not been submitted to previous editions of the OIAand has not received an existing grant

 

Winning Participants Benefits

• Fast-track evaluation for the OGSE Development Grant by MPRC
• An opportunity to secure a sponsored space at an international exhibition
• Feature in Annual Innovation Awards Series for 1 year (until September 2025)
• Spotlight as OIA 2024 winner, with technology featured to an estimated 25,000 event visitors

All applications will be reviewed by the OIA committee to determine the eligibility of participation.
Top 3 Finalists will be fast-tracked to the, MPRC-OGSE Development Grant application.

OGSE Development Grant

The OGSE DG is a programme designed by Malaysia Petroleum Resources Corporation (MPRC) under the Twelfth Malaysia Plan (12MP) (Rancangan Malaysia Ke-12 or RMK-12) to assist and facilitate OGSE SMEs and mid-tier companies to seamlessly move and develop their technology and innovation along the complex stages of the commercialisation process and thereby stepping up their game in the industry.

MATRADE Market Development Grant (MDG)

The Market Development Grant (MDG) is a support initiative in the form of a reimbursable grant. MDG was introduced in 2002 with the objective of assisting exporters in their efforts to promote Malaysian made products or services globally. The lifetime limit of MDG is RM300,000 and it is specifically formulated for Malaysian SME Companies, Professional Service Providers, Trade and Industry Associations, Chambers of Commerce, Professional Bodies and Co-operatives.ation.

Eligibility for MATRADE Market Development Grant up to RM5,000.00

Don’t miss out on this chance to be recognised as a leading innovator in the oil and gas industry.

Submit your entry now and join us at the 5th edition of the OGSE Innovation Awards.

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