Petronas capex boost, firm oil prices signal OGSE upside

KUALA LUMPUR: A potential increase in Petroliam Nasional Bhd’s (Petronas) capital expenditure (capex) by 2027 could provide a fresh boost to Malaysia’s oil and gas services and equipment (OGSE) sector, supported by elevated Brent crude oil prices and rising energy security investments across the region.

Original source: New Straits Times