O&G players should depart from 'business as usual' norm — Petronas group CEO

TheEdge Tue, Sep 13, 2022 01:21pm - 1 year View Original


KUALA LUMPUR (Sept 13): Oil and gas (O&G) industry players should depart from the "business as usual" norm in the face of challenges caused by the Covid-19 pandemic, said Petroliam Nasional Bhd (Petronas) president/group chief executive officer Datuk Tengku Muhammad Taufik Tengku Aziz.

He said the "business as usual" norm leaves players little room to pursue and deliver greater technological innovation. 

“The industry must continue to tap the full potential of technologies at its disposal to offer solutions to meet the world's growing demand for energy, including more progressive energy usage, reducing emissions, shrinking our carbon footprint as well as delivering continuous improvement in terms of our operations," he said. 

Tengku Muhammad Taufik said this in his keynote address at the opening of the Oil and Gas Asia 2022, the Malaysia Oil and Gas Services Exhibition and Conference, as well as the Petrochemicals Sustainability Conference, which are held concurrently from Sept 13 to 15.

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