Kuala Lampur, Jan. 10 -- Conversations about the future of work, industries, and sustainability inevitably come to the fore. Few sectors are under as much scrutiny, and pressure to transform, as the global oil and gas industry.

For decades, oil and gas have energised economic growth, modern conveniences, and national revenues, particularly in resource-rich countries like Malaysia. But with the intensifying call for climate action and net-zero carbon commitments, the industry now finds itself at a historic crossroads, adapt to a low-carbon future or risk obsolescence.

Many may not realise that the industry is more than just the big players like Petronas. The number of oil and gas SMEs is massive. Their future is also at risk unless the i...