Columbia International Affairs Online: Policy Briefs

CIAO DATE: 06/2012

Propelling Malaysia's OSV sector ahead

Nazery Khalid

March 2012

Maritime Institute of Malaysia

Abstract

The launching of the Malaysian Offshore Support Vessels Owners Association (OSV Malaysia) in February 2012 brings to attention the issues and challenges faced by the local offshore support vessels (OSV) sector. The contribution and importance of this sector in facilitating the offshore oil and gas industry cannot be overemphasized. These vessels enable a host of activities such as prospecting, exploring, commercializing, producing, storing, offloading and transporting of oil and gas and construction and decommissioning of offshore structures to be carried out.