I attended our big bosses’ master service agreement with OEM roll-out to production contractors.
That’s probably not self-explanatory so let me try that again –
It is an official launch for all Malaysian oil & gas production contractors (Exxon, Shell, Hess, Nippon Oil, Murphy Oil, etc.) to be able to use a binding agreement with Malaysian oil & gas service & material suppliers (mostly Original Equipment Manufacturers (OEM) or appointed representatives) at the rates & terms already negotiated by the Malaysia oil & gas boss – PETRONAS.
Better or worse? For some reason, it’s longer.
Notice that PETRONAS is spelled PETRONAS, not Petronas.
Apparently, I was under the impression that it was more of a session for a whole bunch of lawyers looking for loopholes. Maybe I was wrong.