Top Oil And Gas Companies in Malaysia

The oil and gas industry in Malaysia has been a crucial sector of the economy, contributing significantly to the country's GDP and employment. In 2022, the industry's contribution to the Malaysian GDP was approximately 20%, with the employment of over 150,000 people.

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CompanyHeadcountContactDescriptionDecision Maker
BUMI ARMADA1,843 +65 6558 6116

At Bumi Armada, we amplify competency to resonate with the changing Oil & Gas industry demands, values and expectations. We engage in advancement of technology to garner further growth and keep sustainability in balance.We are a Malaysia-based international offshore energy facilities and services provider with experience in over 29 countries spread across four continents – Asia, Europe, Africa and Latin America. The culture diversity of over 800 people from over 27 nationalities empowers diverse solutions in our global team to safely deliver our marine assets – FPSO, LNG FSU, OSV and derrick lay-barge.We offer a range of capabilities from life of field surveys, drilling support, production facilities, installation & operations, pipe-laying, hook-up & commissioning and vessel chartering. We are committed to bring innovative solutions to provide high quality and reliable facilities and services while incorporating leading technologies for a sustainable tomorrow.OUR BEGINNINGIn December 1995, the company was incorporated as a public limited company (under the Companies Act, 1965). The Bumi Armada group of companies include diversified subsidiaries as well as joint venture companies.Since then, our marine business has evolved from managing smaller tonnage vessels in the 1970s to being able to design and build nine FPSOs with increasing complexity, functional capability, and size. Drawing on our decades of experience, we have developed a reputation for our project management capabilities. We deliver innovative solutions and quality facilities that incorporate leading technologies to cater the needs in the field development, production and storage.

BW OFFSHORE2,107 +65 6323 1263

BW Offshore engineers innovative floating production solutions. The Company has a fleet of 8 FPSOs with potential and ambition to grow. By leveraging four decades of offshore operations and project execution, the Company creates tailored offshore energy solutions for evolving markets world-wide. BW Offshore has around 2,000 employees and is publicly listed on the Oslo Stock Exchange.Further information is also available on www.bwoffshore.com

LINDE ENGINEERING3,867 +65 6867 0387

Delivering reliable process plants for maximum capital efficiencyLinde has been optimizing gas processing technologies for 140 years, successfully delivering more than 4,000 plant engineering projects around the globe. Favoring trusted, lasting business relationships, the company collaborates closely with customers to enhance plant lifecycle productivity and innovate process flows. The company’s proven gas processing expertise plays an indispensable role in the success of customers across multiple industries – from natural gas and oil refining through petrochemicals and fertilizers to electronics and metal processing.Operational excellence along the entire plant lifecycleWe work closely with our customers to gain an in-depth understanding of individual needs. Building on the unique synergies of Linde as an integrated plant operator and engineering company, Linde offers innovative process technologies and services to exceed our customers’ reliability and profitability expectations. This commitment to innovation extends along the entire plant lifecycle. The LINDE PLANTSERV® service team supports customers every step of the way – from maintenance and repairs to full revamps. Leveraging the latest digital technologies to offer on-site and remote operational and support services, we consistently take asset performance to the next level.Making the impossible possibleFrom the desert to the Arctic, from small- to world-scale, from standardized to customized designs, Linde’s engineering specialists develop solutions that operate under all conditions. The company covers every step in the design, project management and construction of gas processing plants and components. Customers can always rely on Linde to deliver the plants, components and services that fit their needs best – anywhere in the world.

DIALOG GROUP BERHAD1,411 +65 6251 5024

DIALOG is a leading integrated technical service provider to the energy sector, in Malaysia and internationally. Established in 1984, DIALOG has grown both organically and through strategic alliances with internationally-renowned technology partners. We serve a diverse range of customers that include multinational energy majors, national energy companies as well as multinational engineering and service providers located throughout the world.Headquartered in Kuala Lumpur, DIALOG is a global player with a staff strength of over 2,600. DIALOG has offices and facilities in Malaysia, Singapore, Thailand, Indonesia, China, Australia, New Zealand, Philippines, Saudi Arabia and United Arab Emirates. DIALOG is listed on the Main Market of Bursa Malaysia and was included into the FBM KLCI in June 2018 and FTSE4Good Bursa Malaysia in June 2022.

TOTALENERGIES65,026 +65 6879 7900

Have you ever thought of offering your skills and expertise to a multinational company? Give your best to better energy and make the commitment with TotalEnergies. With over 500-plus professions in 130 countries, we offer high safety and environmental standards, strong ethical values, an innovation culture and wide-ranging career development. Be part of the global team whose mission is already shared by 105,000 employees : to be a world-class player in the energy transition

MCDERMOTT INTERNATIONAL, LTD27,515 +65 6561 2288

McDermott is a premier provider of engineering and construction solutions to the energy industry. Our customers trust our technology-driven approach—engineered to responsibly harness and transform global energy resources into the products the world needs for now and what’s next.From concept to commissioning, we are creating and delivering the building blocks of the energy transition. Our innovative expertise and capabilities advance the next generation of global energy infrastructure—empowering a brighter, more sustainable future for us all. Operating in over 54 countries, our locally focused and globally integrated resources include more than 30,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world. To learn more, visit www.mcdermott.com.

NOV30,560 +65 1800 676 4380

NOV delivers technology-driven solutions to empower the global energy industry. For more than 150 years, NOV has pioneered innovations that enable its customers to safely produce abundant energy while minimizing environmental impact. The energy industry depends on NOV’s deep expertise and technology to continually improve oilfield operations and assist in efforts to advance the energy transition towards a more sustainable future. NOV powers the industry that powers the world.

CHEVRON42,800 +65 6318 1000

Our greatest resource is our people. Their ingenuity, creativity and collaboration have met the complex challenges of energy’s past. Together, we’ll take on the future.We support the LinkedIn Terms of Use (User Agreement), and we expect visitors to our page to do the same. We encourage open, lively conversation with a few simple rules: --We reserve the right to correct factual errors. --We will reply to comments when appropriate.--If we disagree with other opinions, we will do so respectfully.--You may not post anything that is spam or that is abusive, profane, or defamatory toward a person, entity, belief, or symbol.--We will delete any posts that contain personal information such as email addresses, phone numbers and physical addresses, and other third party intellectual property material, when that information does not belong to the author of the post. --You may not post job listings for non-Chevron positions.--While we support lively, open discussion, we reserve the right to delete comments.

SAPURA ENERGY BERHAD5,332 +65 8949 5888

Sapura Energy Berhad (Sapura Energy) is a full-fledged upstream player headquartered in Malaysia and amongst the world’s leading integrated oil and gas services and solutions providers.We provide a full spectrum of capabilities that covers the entire value chain of exploration, development, production and rejuvenation as well as decommissioning and abandonment.With a multinational workforce over 7,500 employees spanning over 35 nationalities, comprehensive world-class assets and project management capabilities – our global presence is visible in more than 20 countries. This includes Malaysia, China, Australia, Brazil, the United States of America, as well as those in Western Africa and the Middle East.

SHELL140,478 +65 6513 7719

Shell is a global energy company with around 87,000 employees in more than 70 countries. We work together to power progress through more and cleaner energy solutions. We serve more than 30 million customers at almost 46,000 retail service stations every day.Our strategy is to accelerate the transition of our business to net-zero emissions, purposefully and profitably. #PoweringProgress

SUBSEA712,031 +65 6309 4700

Subsea7 makes offshore energy transition possible through the continuous evolution of lower-carbon oil and gas and by enabling the growth of renewables and emerging energy.

AMSPEC GROUP2,531 +65 6777 1633

The AmSpec Group has been relied upon in the testing, inspection, and certification (TIC) sector for several decades. As a trusted service provider, AmSpec continues to provide independent, accurate analysis and inspection on various commodities.With our ever-growing global footprint supported by our empowered professional team, along with industry and regulatory accredited facilities, we continue to uphold our high standards, exceed client expectations time and time again, and maintain our commitment to the longevity and sustainability of our planet.Working to strict industry standards, controlled by our stringent Quality Assurance programs, you can be sure that you are receiving the best service possible.There is only one way – the AmSpec way.

BP63,315 +65 6335 3000

The world is changing fast and our industry is changing with it. The energy mix is shifting towards lower carbon sources, driven by technological advances and growing environmental concerns. In bp, we will help drive this transition - and our business will be transformed by it. We are continually looking for talented, committed and ambitious people to help us shape the face of energy for the future.

TRANSOCEAN9,910 +65 6512 4700

Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services, and believes that it operates one of the most versatile offshore drilling fleets in the world.Transocean owns or has partial ownership interests in, and operates a fleet of 37 mobile offshore drilling units including 27 ultra-deepwater floaters, and 10 harsh environment floaters. In addition, Transocean is constructing two ultra-deepwater drillships.

WOODSIDE ENERGY5,124 +65 6709 8021

We aim to thrive through the global energy transition with a low-cost, lower-carbon, profitable, resilient and diversified portfolio. Our recently expanded global portfolio includes quality oil and gas assets and interests in Australia, Gulf of Mexico, Trinidad and Tobago, Senegal, Timor-Leste, Canada, Barbados. Our focus in operations remains on safety, reliability, efficiency and environmental performance, leveraging more than 35 years of operating experience. We have growth opportunities across our three pillars of gas, oil and new energy. Woodside Energy LinkedIn followers, please be aware that during the past week we have seen a spike in fraudulent job advertisements and LinkedIn profiles claiming to be from our Human Resources team. We are working to have these removed and ask you to report any suspicious looking posts or accounts to Woodside at gradcareers@woodside.com.au We have also seen offers of employment mailed to job seekers by individuals or organisations posing as Woodside. Importantly, communications about employment opportunities with Woodside will only ever be sent from email addresses ending in woodside.com.au or woodside.com. We will also never make unsolicited jobs offers or seek payment from job applicants. For more information about how to spot fraudulent Woodside recruitment activity, go to our careers page.

CONOCOPHILLIPS15,711 +65 6536 0010

We are a global oil and gas company tasked with an important job—to safely find and deliver energy for the world. We’re experts in what we do—from the well site to the office. Across our operations and activities in 13 countries, we never forget our responsibility to be a great neighbor, and a great place to work. Guided by our SPIRIT Values—Safety, People, Integrity, Responsibility, Innovation and Teamwork—we deliver strong performance, keeping our promises to our stakeholders, communities and each other. We solve problems and develop new approaches together, as a team of people—not job titles.That’s ConocoPhillips.It’s not just what we do. It’s how we do it. At ConocoPhillips, we believe it is important to foster a safe and constructive online environment for our community. To do so, we encourage visitors to contribute to conversations by following a few guidelines:- Please contribute to the dialogue by keeping your comments relevant to the community and on topic. - Direct your comments at issues, rather than individuals.Any of the following violations of these guidelines may warrant, without prior notice, actions such as removing posts and comments or blocking an account:- Comments that are spam, defamatory or offensive (e.g., obscene, indecent, profane, violent, cruel or discriminatory) will be removed.- Content that violates the terms of use stipulated by each social media operating company.- Any other behavior ConocoPhillips deems inappropriate.Community policy: https://bit.ly/3mrTG4d

PETROFAC15,600 +65 6274 9176

We are a leading international service provider to the energy industry, with a diverse client portfolio including many of the world’s leading energy companies.Petrofac designs, builds, manages and maintains oil, gas, refining, petrochemicals and renewable energy infrastructure. Our purpose is to enable our clients to meet the world’s evolving energy needs.Our core markets are in the Middle East and North Africa (MENA) region and the UK North Sea, where we have built a long and successful track record of safe, reliable and innovative execution, underpinned by a cost effective and local delivery model with a strong focus on in-country value. We operate in several other significant markets, including India, South East Asia and the United States. We have 8,200 employees based across more than 30 offices globally.Petrofac is quoted on the London Stock Exchange (symbol: PFC).To find out more, visit www.petrofac.com

EXXONMOBIL57,854 +65 1800 252 1800

The need for energy is universal. Thats why ExxonMobil scientists and engineers are pioneering new research and pursuing new technologies to reduce emissions while creating more efficient fuels. Were committed to responsibly meeting the worlds energy needs.We aim to achieve #netzero emissions from our operated assets by 2050 (for Scope 1 and 2 greenhouse gas emissions) and are taking a comprehensive approach to create emission-reduction roadmaps for major operated assets. Find us also on:Twitter.com/ExxonMobilFacebook.com/ExxonMobilInstagram.com/ExxonMobilYouTube.com/ExxonMobilEnergyFactor.comExxonMobil.comFind our latest Privacy Policy at https://corporate.exxonmobil.com/Global-legal-pages/privacy-policySee our terms and conditions at https://corporate.exxonmobil.com/global-legal-pages/terms-and-conditions ExxonMobil uses innovation and technology to deliver energy to a growing world. We explore for, produce and sell crude oil, natural gas and petroleum products. We operate facilities or market products in most of the world’s countries and explore for oil and natural gas on six continents. Follow us on Twitter.com/ExxonMobil Like us on Facebook.com/ExxonMobil Follow us on Instagram.com/ExxonMobil Visit our channel on YouTube.com/ExxonMobil Get the latest energy news and views at EnergyFactor.com

SWIBER HOLDINGS LIMITED976 +65 6505 0800

Swiber Holdings Limited is a world class integrated construction and support services provider to the offshore oil and gas industry, offering a wide range of offshore EPIC, marine support, and engineering services across the Asia Pacific, Middle East, and Latin America regions. Since its foundation in 1996, Swiber has been dedicated to building the company into a leader in the industry. Today, Swiber is a public-listed company on the Singapore Stock Exchange with an eminent position among global offshore oil and gas engineering and construction organisations. With an extensive and growing operating fleet of 65 vessels, comprising 49 offshore vessels and 16 construction vessels, and more than 3200 employees in over 40 different nationalities in strategically located offices in the region, the Swiber name is synonymous with excellence, safety, innovation and value among its customers. Swiber was featured on Forbes Asia’s “Best under a Billion” list, an honour given to the top 200 Asia-Pacific companies with consistent growth in both sales and profits over three years. Swiber continues to ascend the ranks of the nation’s “Top 100 Brands” in the Brand Finance’s Annual Report, ranking as one of the nation’s top 100 Brands in the Brand Finance’s Annual Report of “Singapore’s Intangible Assets and Brands” from 2010 to 2013. Swiber has also emerged a winner in Securities Investors Association (Singapore) (SIAS)’s Singapore Corporate Governance Award. All these reaffirm Swibers rapid growth as an EPIC player that is well-positioned to capitalise on the upswings of the offshore oil and gas sphere.

AIBEL3,826 +65 6505 4500

Aibel is a leading service company within the oil, gas and offshore wind industries. We provide our customers with optimal and innovative solutions within engineering, construction, modifications and maintenance throughout a projects entire life cycle. Aibels 4000 skilled employees are located close to our customers at the company’s offices in Norway and South East Asia. In addition, we operate two modern yards in Haugesund and in Thailand, with complete prefabrication and construction capabilities. Aibel has a strong market position based on the companys integrated business model, which covers the entire value chain. Customers are primarily major oil companies operating on the Norwegian continental shelf.

Top Oil And Gas Companies in Malaysia

Factors Contributing to Growth and Success

One of the critical factors contributing to the industry's growth and success is the government's efforts to promote the development of the industry. The government has introduced several initiatives to support the growth of the oil and gas sector, such as providing incentives to attract foreign investments and creating a conducive environment for exploration and production activities.

The industry has also experienced growth due to the successful implementation of various projects, such as the development of the Petronas' Refinery and Petrochemical Integrated Development (RAPID) project in Johor. The project, which began operations in 2019, has significantly boosted Malaysia's petrochemicals production capacity.

Growth and Comparison to Previous Years

The oil and gas industry in Malaysia has experienced significant growth in recent years. In 2021, the industry's GDP contribution was approximately 17.5%, representing an increase from the previous year's figure of 16.7%. The sector's growth can be attributed to the successful implementation of several projects, including the RAPID project.

Key Trends, including Technological Disruptions

The oil and gas industry in Malaysia is experiencing significant technological disruptions, driven by the need to improve operational efficiency and reduce costs. One of the key trends in the industry is the adoption of digital technologies, such as automation and data analytics. These technologies have been instrumental in improving the accuracy of exploration activities, reducing downtime, and improving safety standards.

Another trend in the oil and gas industry in Malaysia is the adoption of digital twins technology. This technology allows companies to create digital replicas of their physical assets, enabling them to monitor and analyze the assets' performance in real-time. Digital twins technology can improve operational efficiency and reduce maintenance costs by identifying potential issues before they become critical problems.

Furthermore, the oil and gas industry in Malaysia is also exploring opportunities to diversify into downstream activities, such as petrochemicals production. The government has identified petrochemicals as a key growth area and has introduced initiatives to attract investments in the sector. The development of downstream activities can create additional value and enhance the competitiveness of the industry.

Challenges

Despite the industry's growth and success, it faces several challenges, such as volatile oil prices, increasing competition, and the need to reduce environmental impacts.

The industry also faces the challenge of reducing costs while maintaining operational efficiency. The industry needs to adopt new technologies and business models to improve efficiency and reduce costs.

The industry also faces the challenge of talent retention, with many experienced professionals leaving the sector due to retirement or pursuing other career opportunities.

To address these challenges, the industry needs to focus on innovation and diversification. The adoption of new technologies and business models can help the industry improve efficiency and reduce costs. The industry also needs to invest in research and development to reduce environmental impacts and explore alternative sources of energy.

Future Outlook

Looking towards the future, the oil and gas industry in Malaysia is expected to continue growing, driven by factors such as increasing energy demands and the development of new oil and gas fields. However, the industry needs to remain agile and adaptable to remain competitive and address the challenges it faces. The government needs to provide incentives and support to encourage the adoption of sustainable practices and the development of alternative energy sources.

In addition to innovation and diversification, the oil and gas industry in Malaysia needs to address the talent retention challenge. The industry needs to attract and retain skilled professionals to ensure the continued growth and success of the sector. The government and industry stakeholders need to work together to address this challenge by providing incentives and training programs to attract and retain talent.

The industry also needs to address the challenge of reducing environmental impacts. As the world moves towards renewable sources of energy, the oil and gas industry needs to adapt and explore alternative sources of energy to remain relevant. The industry can also reduce its environmental impacts by adopting sustainable practices, such as reducing greenhouse gas emissions and water usage.

Conclusion

In conclusion, the oil and gas industry in Malaysia is a critical sector of the economy, contributing significantly to GDP and employment. The industry's growth and success can be attributed to government initiatives, successful project implementation, and technological disruptions. To remain competitive and address the challenges facing the industry, the sector needs to focus on innovation, diversification, talent retention, and reducing environmental impacts. The industry's future outlook is positive, but the sector needs to remain agile and adaptable to address the challenges it faces and remain relevant in the changing global energy landscape.

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By Melissa Goh
Published on 22 May 2023