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Published by Afterschool.my on Oct 06, 2012, 06:33 am
Demand for skilled workers is expected to pick up for the oil and gas (O&G) sector of Malaysia, according to Deputy International Trade and Industry Minister Datuk Mukhriz Tun Mahathir.
In 2009, the combined oil, gas and energy sectors represented RM127 billion or 19 percent of GDP. This value is expected to increase over the next few years.
He emphasised the importance of training programmes as the country's O&G sector will need over 40,000 skilled workers by 2015.
"The demand is now very, very fixed and efforts towards coming up with enough skilled graduates is being intensified to ensure sufficient supply," he added.
The oil and gas industry is generally divided into upstream, midstream and downstream activities. Upstream activities consist of exploration, development and production of oil and gas resources. Midstream and downstream activities range from the transportation of oil and gas, to refining and processing through to marketing and trading of end products.
Furthermore, the minister said that it is pertinent to have quality trianing to equip talent with the required skills to successfully enter the workforce.
"If we are not prepared to meet the demand, it could turn potential investors away," he added.
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