Oil And Petroleum Companies in Malaysia

Oil and petroleum companies in Malaysia are responsible for the exploration, production, and marketing of oil and natural gas resources. The country is home to some of the largest oil and gas reserves in the world, and these companies play a vital role in the Malaysian economy.

The oil and gas industry is a major contributor to the Malaysian economy, accounting for approximately 19% of the country’s GDP. Malaysia is also one of the world’s largest exporters of oil and gas, with the majority of its exports going to China, Japan, and Singapore.

Some of the largest oil and gas companies in Malaysia include Petronas, Shell, and ExxonMobil. These companies are involved in all aspects of the oil and gas industry, from exploration and production to marketing and distribution.

The oil and gas industry is a highly regulated sector in Malaysia, and all companies must adhere to strict safety and environmental standards. The Malaysian government also has a stake in the industry, with Petronas being the majority shareholder in many of the country’s oil and gas projects.