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Oil and Gas Offshore Support Vessels and Services Industry (Malaysia)
Infobusiness Market Intelligence Sdn Bhd, Sep 2011, Pages: 38
The Asia Pacific region is the third most important region in the offshore oil and gas industry, after the North Sea and the Gulf of Mexico. It is expected to have the highest growth rate of all the eight regions in the world, in terms of offshore exploration and offshore activities. Malaysia currently ranks 25th in terms of global crude oil reserves and 16th for natural gas, with crude oil reserves of approximately 5.8 billion barrels of oil and natural gas reserves of 2.4 trillion cubic metres as at January 2011.
The Oil and Gas Offshore Support Vessels and Services Industry (Malaysia) report is part of Infobusiness' Market Primer Report series that provides an overview of specific industries within countries in the South East Asian region.
This report outlines the market conditions for offshore support vessels and services for the oil and gas industry in Malaysia, and includes data such as:
1. market size and primary players
2. industry challenges
3. the legislative framework for the industry
4. historical development of the industry
This study involves both primary research and secondary research approach.
Desk research include gathering of data on statistics of the industry, including an overview of the focused industry in Malaysia. This includes secondary data collated from various sources, inter alia, including:
- In-house database of Infobusiness
- Ministry of International Trade and Industry
- Malaysian Industrial Development Authority
- Bursa Malaysia
- Bank Negara Reports
- Economic Reports
- Department of Statistics
- Economic Transformation Programme
- Third Industrial Master Plan 2006-2020
- Economic Planning Unit
- World Economic Outlook by the International Monetary Fund
Besides, experts’ views and scientific research findings are cited whenever possible and necessary in identifying the opportunities and challenges facing the focus industry under study. The process also involves primary research, i.e. conducting interviews with the major players of the focus sector, trade associations and related government agencies/authorities. Surveys with other relevant parties are conducted through telephone interviews.
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