OGSE INNOVATION AWARDS

Join us for the 4th edition of the OGSE Innovation Awards (OIA) organised by the The Malaysian Oil, Gas & Energy Services Council (MOGSC) in partnership with Oil & Gas Asia (OGA) and supported by MPRC and MATRADE. This prestigious award recognises and honours companies and individuals who are leading the way in innovation, sustainability and Net-zero carbon initiatives in the oil & gas and related industries or academia. OIA is the platform for you to showcase innovative solutions to a regional audience, gain exposure to potential customers and investors, and pitch your ideas to key decision-makers. With the added benefit of being held alongside the exhibition, OIA offers a valuable stage for you to network with visionaries of the industry and potential funders.

Organised by

Supported By

Objectives

Encourage innovation and a culture of commercialisation among stakeholders in the oil and gas (O&G) industry, including OGSE companies
Recognise companies and individuals who are at the forefront of innovation to produce products and services that are novel in nature
Offer finalists the opportunity to present their innovations to potential investors or buyers, thereby facilitating networking and collaboration within the industry
Promote collaboration between academia and the industry to foster innovation for commercialisation and further development 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 OIA and 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 2024)
Spotlight as OIA 2023 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 12th Malaysia Plan (Rancangan Malaysia Ke-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.

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 4th edition of the OGSE Innovation Awards.