The development of oil and gas industries in Malaysia has given rise to many local companies, covering range of industries segment from upstream to downstream. Some started as a small companies and now grow leap and bounds into multi million companies, with a few of them now listed on Bursa Malaysia.
In this article, we’ll look into some of the upstream oil and gas companies that are listed on Bursa Malaysia
- ALAM MARITIM RESOURCES BERHAD (ALAM: 5115)
Alam Maritim Resources Berhad mainly involved in the proVision of marine transportation support services , marine construction-related services, sub-sea engineering & offshore pipeline installation; designing, manufacturing and operating of Remotely Operated Vehicle (ROV) services, ship repair and maintenance services to the upstream in oil and gas industry
2. BUMI ARMADA BERHAD (ARMADA: 5210)
Bumi Armada is a Malaysia-based international offshore energy facilities and services provider with a presence in over 10 countries spread across three continents, supported by over 1,464 people from over 38 nationalities.
Bumi Armada Berhad provides offshore services via two business units – Floating Production and Offloading (“FPO”) and Offshore Marine Services (“OMS”) (encompassing the Offshore Support Vessels (“OSV”) and the Subsea Construction (“SC”) services).
3. BARAKAH OFFSHORE PETROLEUM BERHAD (BARAKAH: 7251)
Listed on Bursa Malaysia since November 2013, Barakah is an active player in the O&G pipeline services since year 2000. Barakah group’s core businesses are in offshore and onshore development phase, comprising pipeline pre-commissioning, commissioning and decommissioning works, offshore transportation and installation (T&I), onshore engineering, procurement, construction and commissioning (“EPCC”), hook-up commissioning and underwater services.
Website: www.barakahpetroleum.com
4. CARIMIN PETROLEUM BERHAD (CARIMIN: 5257)
Carimin specializes in engineering, scheduled/work pack development, procurement, structural/piping fabrication, electrical/instrumentation installation, precommissioning and commissioning activities. This includes the deployment of marine vessels such as work barges, accommodation vessels, crew boats and anchor handling tug supply vessels as part of the marine spread activities.
The business for the company grew steadily over the past decade from being a manpower service provider to a dynamic and emerging contractor in integrated maintenance, rejuvenation, hook-up and commissioning of onshore/offshore for the Oil and Gas support industries.
5. DAYA MATERIALS BERHAD (DAYA: 0091)
Its upstream arm, Daya Maxflo Sdn Bhd (DMAX), is the specialized oilfield service provider for well intervention, a visual analytics, pipe recovery, Plug and Abandonment (P&A) in oil & gas upstream globally.
Our main products & services are EV Downhole Visual Analytics, MCR Oil Tools Radial Cutting Torch (RCT) – non-explosive cutter and puncher, GAIA Cable Protection System, Jorin Visual Process Analyzers (VIPA) and Wireline Intervention Solutions (WIS). Currently, DMAX operates in few continents especially the MCR Oil Tools Radial Cutting Torch (RCT) globally.
6. DAYANG ENTERPRISE HOLDINGS BERHAD (DAYANG: 5141)
The company’s operations commenced with DESB in 1980 whose initial business was the trading of hardware materials and supply of manpower for the offshore oil and gas industry.
This was however expanded to include provisioning of maintenance services, fabrication operations, hook-up and commissioning and charter of marine vessels.
Website: https://www.desb.net/index.php
7. DELEUM BERHAD (DELEUM: 5132)
The history of Deleum Group’s participation in the oil and gas industry dates back to year 1982, where its wholly-owned subsidiary Deleum Services Sdn. Bhd. (formerly known as Delcom Services Sdn. Bhd.) established itself as a service company in the Malaysian oil and gas industry. In November 2005, Deleum Sdn. Bhd. was incorporated. Subsequently in 2006, it was converted to a public limited company and assumed its present name of Deleum Berhad.
Website: https://www.deleum.com/
8. DESTINI BERHAD (DESTINI:7212)
Destini is a company that provides integrated engineering solutions and has big interests in the aviation, marine, land systems and oil and gas sectors. Our engineering capabilities spread worldwide with facilities and operations in Asia, Australia, Middle East and Europe.
Website: https://www.destinigroup.com/
9. DIALOG GROUP BERHAD (DIALOG: 7277)
DIALOG is a leading technical service provider in the oil, gas and petrochemical industries. We serve a diverse range of customers that include multinational oil majors, national oil companies as well as multinational engineering and service providers located throughout the world.
Listed on the Main Market of Bursa Malaysia with a market capitalisation of approximately RM20 billion (September 2019), DIALOG was included into the FBM KLCI in June 2018.
Website: https://www.dialogasia.com/
10. HANDAL ENERGY BERHAD (HANDAL: 7253)
Handal Energy is an oil and gas company specialising in the manufacturing, maintenance and servicing of offshore cranes.
We are a team of professionals with decades of experience committed to pushing the boundaries of offshore crane technology with knowledge, versatility and innovation.
Handal is the leading provider of API 2C rental cranes in South East Asia. Today, our rental cranes are represented on almost every oil and gas producer in the region. We are one of the only two API 2C crane manufacturers in Malaysia.
Website: https://handalenergy.com/
11. HIBISCUS PETROLEUM BERHAD (HIBISCS: 5199)
Hibiscus Petroleum Berhad (Hibiscus Petroleum) is Malaysia’s first listed independent oil and gas exploration and production company. Its key activities are focused on monetising its oil producing fields and growing its portfolio of development and production assets in areas of its geographical focus: United Kingdom, Malaysia and Australia. Hibiscus Petroleum is headquartered in Kuala Lumpur.
Website: http://www.hibiscuspetroleum.com
12. ICON OFFSHORE BERHAD (ICON: 5255)
Icon Offshore Berhad is the largest offshore support vessel (OSV) provider in Malaysia and one of the largest in Southeast Asia in terms of number of OSVs. ICON owns and operates one of the youngest, fastest growing and most sophisticated fleets of OSVs in Southeast Asia to provide a wide range of logistical support services throughout the entire offshore oil and gas life cycle, from exploration and appraisal, field development and operation and maintenance, through to decommissioning. ICON is a Malaysia-based OSV provider and all of the vessels are Malaysian-flagged.
Website: http://www.iconoffshore.com.my/
13. Malaysia Marine and Heavy Engineering Holdings Berhad (MHB: 5186)
Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) is a globally trusted energy
industry and marine solutions provider for a wide range of heavy engineering facilities and
vessels. MHB has more than 40-year track record of delivering integrated and complex solutions, including deepwater support services to international oil & gas clients. We are equally recognised for our global expertise in offshore conversion services and LNG vessel repair and dry docking.
MHB is able to provide innovative solutions to meet the complex demands of the energy
industry – safely, on time and within cost.
- Full range EPCIC services for heavy engineering construction
- Complete conversion works in one location
- Comprehensive marine repair, refurbishment, upgrading and life extension of vessels and rigs
Website: https://mhb.com.my/
14. Petra Energy Berhad (PENERGY: 5133)
Petra Energy is an integrated brown field services provider for the upstream oil and gas industry. The company provides a comprehensive range of integrated brown field maintenance & engineering specialising in topside major maintenance and hook-up construction and commissioning; marine offshore support; design, fabrication supply & installation and engineering & project management services, is also involved in development and production activities of a small field cluster offshore Terengganu under the small field risk service contract in partnership with Coastal Energy Company.
Website: http://www.petraenergy.com.my/index.html
15. Perdana Petroleum Berhad (PERDANA: 7108)
Perdana Petroleum Berhad core businesses encompass the provision of offshore marine support services for the upstream oil and gas industry in the domestic and regional markets.
Perdana Group has built a reputation for excellent service in its core activities of providing offshore support to a host of clients. The services rendered include:
- Workbarges and workboats for onboard accommodation and work facilities for offshore personnel;
- Towing, mooring, and anchoring of non-self-propelled barges and rigs; and
- Transportation of drilling, production and project materials and chemicals.
Website: https://www.perdana.my/
16. PERISAI PETROLEUM TEKNOLOGI BERHAD (PERISAI: 0047)
Perisai Petroleum Teknologi Berhad (“Perisai”) is a Malaysia-based upstream oil & gas service provider. We offer a host of offshore services and solutions designed to fulfill a wide range of client needs, covering three broad segments.
Website: http://www.perisai.biz/
17. Sapura Energy (SAPRNG: 5218)
Sapura Energy Berhad is a global integrated oil and gas services and solutions provider operating across the entire upstream value chain. The Group’s spectrum of capabilities covers exploration, development, production, rejuvenation, as well as decommissioning and abandonment. With a highly skilled and technically capable workforce, strategic world-class assets, and strong project management capabilities, the Group today delivers its integrated solutions and expertise in over 20 countries.
Website: https://sapuraenergy.com/
18. SERBA DINAMIK HOLDINGS BERHAD (SERBADK: 5279)
Serba Dinamik is a Malaysian group of companies in Global Integrated Engineering Services providing total solutions to broad industries including Oil & Gas, Power, Water, Petrochemical and Steel.
Website: https://e-serbadk.com/
19. T7 GLOBAL (T7GLOBAL: 7228)
Formerly known as Tanjung Offshore Berhad, T7 Global Berhad has its roots in the servicing business of the Oil & Gas industry. T7 offers proven solutions and expertise in the area of EPC, project management, operation and maintenance.
Website: http://www.t7global.com.my/
20. TH HEAVY ENGINEERING BERHAD (THHEAVY: 7206)
TH Heavy Engineering Berhad was listed on the Main Market of Bursa Malaysia in January 2005, after being actively involved in the oil and gas industry since 2002. The main activities of TH Heavy Engineering Berhad (THHE) are centred around the heavy engineering industry principally in the fabrication of offshore steel structures and the provision of other related offshore oil and gas engineering services in Malaysia. Through its wholly owned subsidiary, THHE Fabricators Sdn. Bhd. (THF), THF is one of the few PETRONAS licensed major fabricators in Malaysia.
Website: http://www.thhe.com.my/
21. UZMA BERHAD (UZMA: 7250)
Uzma provides integrated solutions to the upstream sector across the exploration, development and production operations and to the facilities/plant construction, operations and maintenance of the downstream sector.
Website: http://www.uzmagroup.com/pages-about.html
22. VELESTO ENERGY BERHAD (VELESTO: 5243)
Velesto Energy Berhad participates in the robust upstream activities of the oil and gas industry through two main activities:
- Drilling Services – Offshore Drilling and Hydraulic Workover Services
- Oilfield Services – Threading, Repair and Inspection Services
Website: https://velesto.com/
23. YINSON HOLDINGS BERHAD (YINSON: 7293)
Yinson Holdings Berhad is one of the world’s leading Floating, Production, Storage and Offloading (FPSO & FSO) service providers.
Yinson design, construct, own, lease and operate modern, purpose-built offshore production assets for the energy industry. The Company’s extensive fleet of Floating, Production, Storage and Offloading (FPSO & FSO) and Offshore Support Vessels (OSV) deliver key equipment, technology, and capacity to meet the world’s demand for energy.
