Key Insights
The Malaysian oil and gas market is projected to reach $11.44 billion by 2024, with a Compound Annual Growth Rate (CAGR) of 3.8%. This growth is fueled by robust domestic energy demand, driven by the manufacturing sector and population growth, alongside significant export activities. Key trends include the increasing adoption of natural gas as a transitional fuel and the integration of digitalization and automation in upstream operations. Investments in production efficiency and offshore exploration are also critical growth drivers, supported by government initiatives focused on energy security and petrochemical development.

Oil and Gas Industry in Malaysia Market Size (In Billion)

Challenges for the Malaysian oil and gas sector include global crude oil price volatility, geopolitical uncertainties, and stringent environmental regulations. The transition to cleaner energy alternatives and decarbonization efforts require strategic adaptation and investment in sustainable practices. However, established infrastructure, the presence of major players like Petronas, and ongoing exploration and production activities are expected to mitigate these challenges. The industry's integrated upstream, midstream, and downstream value chain, coupled with technological advancements and a focus on operational excellence, will be crucial for navigating market dynamics and ensuring sustained profitability.

Oil and Gas Industry in Malaysia Company Market Share

Comprehensive Report: Malaysia Oil & Gas Industry Market Analysis & Forecast (2019-2033)
Unlock deep insights into Malaysia's dynamic oil and gas sector with this definitive market report. Covering a comprehensive study period from 2019 to 2033, with a detailed base and estimated year of 2025, this report provides an in-depth analysis of the Malaysian oil and gas market, Malaysia energy sector, and Malaysia upstream oil and gas, Malaysia midstream oil and gas, and Malaysia downstream oil and gas segments. We meticulously examine oil and gas production in Malaysia, LNG market Malaysia, and petrochemical industry Malaysia.
This SEO-optimized report integrates high-traffic keywords like Malaysia oil and gas exploration, Malaysia oil and gas investment, and Malaysia oil and gas companies, ensuring maximum visibility for industry professionals and stakeholders. Discover the intricate market dynamics, growth trajectories, regional dominance, product landscape, key drivers, challenges, emerging opportunities, and growth accelerators that shape this vital industry. With detailed quantitative and qualitative analysis, this report is your indispensable guide to navigating and capitalizing on the future of Malaysia's oil and gas industry.
Oil and Gas Industry in Malaysia Market Dynamics & Structure
The Malaysian oil and gas industry is characterized by a moderate market concentration, with national oil company Petronas playing a pivotal role, alongside significant international players. Technological innovation is a key driver, particularly in the exploration and production of challenging offshore reserves, and advancements in downstream processing. Regulatory frameworks, overseen by entities like Petronas and the Ministry of Energy and Natural Resources, are crucial in shaping investment and operational landscapes. While direct product substitutes are limited in the core oil and gas extraction and refining, alternative energy sources present a growing competitive pressure, particularly for the downstream segment. End-user demographics are diverse, ranging from industrial manufacturers and power generation facilities to transportation sectors and residential consumers for refined products and gas. Mergers and acquisitions (M&A) trends are moderately active, often driven by strategic consolidation, technology acquisition, and access to new reserves or markets.
- Market Concentration: Dominated by Petronas, with significant presence of international oil companies (IOCs).
- Technological Innovation: Focus on deepwater exploration, enhanced oil recovery (EOR), and efficient LNG production.
- Regulatory Frameworks: Governed by Production Sharing Contracts (PSCs) and strict environmental regulations.
- Competitive Substitutes: Growing influence of renewable energy sources for power generation and transportation.
- End-User Demographics: Industrial, transportation, power generation, and residential sectors.
- M&A Trends: Strategic partnerships and acquisitions for resource access and technology enhancement.
Oil and Gas Industry in Malaysia Growth Trends & Insights
The Malaysia oil and gas market size has demonstrated consistent growth over the historical period (2019-2024), driven by sustained demand for energy and strategic investments in exploration and production. The Malaysia energy sector outlook suggests a robust CAGR of approximately XX% during the forecast period (2025-2033). This growth is underpinned by ongoing discoveries, particularly in deepwater and ultra-deepwater blocks, and the expansion of Malaysia's liquefied natural gas (LNG) capacity. Adoption rates for advanced exploration technologies, such as seismic imaging and digital oilfield solutions, are steadily increasing, enhancing recovery rates and operational efficiency. Technological disruptions, including the integration of artificial intelligence (AI) and machine learning (ML) in reservoir management and predictive maintenance, are poised to further revolutionize the industry. Consumer behavior shifts, influenced by global energy transition trends, are also beginning to impact the demand for cleaner energy solutions and petrochemical derivatives, prompting industry players to diversify their portfolios and invest in sustainable practices. The penetration of natural gas for domestic consumption and industrial use remains a key growth area, supported by extensive pipeline infrastructure.
- Market Size Evolution: Expected to grow significantly from approximately $XX million in 2025 to over $YY million by 2033.
- CAGR: Projected at XX% for the forecast period 2025-2033.
- Adoption Rates: Increasing adoption of digital technologies for upstream operations and downstream efficiency.
- Technological Disruptions: AI and ML integration for optimized production and reduced operational costs.
- Consumer Behavior Shifts: Growing demand for cleaner fuels and specialty petrochemicals.
- Market Penetration: Continued expansion of natural gas distribution networks.
Dominant Regions, Countries, or Segments in Oil and Gas Industry in Malaysia
Within the Malaysian oil and gas industry, the Upstream segment is the dominant driver of market growth, propelled by the nation's substantial offshore reserves. Exploration and production activities are primarily concentrated in the offshore regions of Peninsular Malaysia and East Malaysia (Sabah and Sarawak). These regions are rich in oil and gas fields, offering significant opportunities for both conventional and unconventional resource development. The dominance of the upstream segment is further bolstered by strategic government policies aimed at maximizing hydrocarbon recovery and attracting foreign investment through favorable Production Sharing Contracts (PSCs). Economic policies that encourage technological advancement and operational efficiency in offshore exploration, such as deepwater and ultra-deepwater projects, are critical. Furthermore, the presence of major international oil companies (IOCs) and Petronas's extensive domestic exploration capabilities contribute to the segment's leading position. The market share of the upstream segment is estimated to be around XX% of the total Malaysian oil and gas market. Growth potential remains high due to untapped deepwater resources and the ongoing need to maintain production levels amidst declining older fields.
- Upstream: Dominant Segment: Leading in market share and growth potential due to extensive offshore reserves.
- Key Drivers:
- Significant offshore oil and gas discoveries.
- Favorable PSC terms attracting international investment.
- Government focus on maximizing hydrocarbon recovery.
- Technological advancements in deepwater exploration.
- Market Share: Estimated at XX% of the total Malaysian oil and gas market.
- Growth Potential: High, driven by untapped deepwater resources and ongoing exploration efforts.
Oil and Gas Industry in Malaysia Product Landscape
The product landscape of the Malaysian oil and gas industry is diverse, spanning crude oil, natural gas, and a wide array of refined petroleum products and petrochemicals. Key innovations focus on enhancing the efficiency of extraction and processing, as well as developing higher-value petrochemical derivatives. For instance, advancements in catalytic cracking and reforming technologies improve the yield of gasoline and diesel. In the LNG sector, Malaysia is a significant producer and exporter, with ongoing developments in floating LNG technologies enhancing production flexibility. Petrochemical products include essential building blocks like ethylene and propylene, which are crucial for the manufacturing of plastics, synthetic fibers, and other industrial materials. Performance metrics are closely monitored, with a focus on energy efficiency, emissions reduction, and product quality that meets international standards.
- Key Products: Crude oil, natural gas, LNG, gasoline, diesel, jet fuel, naphtha, olefins, and polymers.
- Product Innovations: Enhanced catalyst technologies for refining, advanced LNG liquefaction processes, and development of specialty petrochemicals.
- Applications: Energy, transportation, plastics manufacturing, agriculture, and industrial chemicals.
Key Drivers, Barriers & Challenges in Oil and Gas Industry in Malaysia
The Malaysian oil and gas industry is propelled by several key drivers, including the nation's substantial hydrocarbon reserves, strong government support for the sector, and continuous demand for energy from both domestic and international markets. Technological advancements in exploration and production, particularly in offshore environments, are also critical growth accelerators. Furthermore, Malaysia's strategic location and established infrastructure for LNG export provide a competitive edge.
- Key Drivers:
- Abundant hydrocarbon reserves.
- Government policies promoting investment and development.
- Strong domestic and export demand for oil and gas products.
- Technological innovation in offshore E&P.
- Strategic position in global LNG markets.
However, the industry faces significant barriers and challenges. Price volatility in global oil and gas markets poses a major economic risk. Increasingly stringent environmental regulations and the global push towards decarbonization present complex compliance hurdles and require substantial investment in sustainable technologies. Geopolitical uncertainties can disrupt supply chains and affect investment sentiment. Furthermore, attracting and retaining a skilled workforce, especially for specialized offshore operations, remains a persistent challenge.
- Key Barriers & Challenges:
- Global oil and gas price volatility.
- Stringent environmental regulations and decarbonization pressures.
- Geopolitical uncertainties impacting supply chains.
- Workforce skill shortages in specialized areas.
- High capital expenditure for exploration and production.
Emerging Opportunities in Oil and Gas Industry in Malaysia
Emerging opportunities in the Malaysian oil and gas industry lie in the development of marginal fields through innovative technological solutions, particularly those that reduce operational costs and environmental impact. The growing demand for cleaner energy presents opportunities in the expansion of natural gas infrastructure and the potential for hydrogen production from natural gas, coupled with carbon capture, utilization, and storage (CCUS) technologies. Furthermore, downstream diversification into higher-value specialty chemicals and advanced materials presents a significant avenue for growth. The digitalization of operations, from exploration to distribution, offers opportunities for enhanced efficiency and predictive analytics.
- Untapped Markets: Marginal field development, hydrogen production, and advanced petrochemical derivatives.
- Innovative Applications: CCUS integration, digitalization for operational optimization.
- Evolving Consumer Preferences: Demand for cleaner fuels and sustainable chemical products.
Growth Accelerators in the Oil and Gas Industry in Malaysia Industry
Long-term growth in Malaysia's oil and gas industry will be significantly accelerated by continued investment in deepwater and ultra-deepwater exploration, which holds substantial untapped potential. Strategic partnerships and joint ventures between Petronas and leading international energy companies will facilitate the sharing of technology, expertise, and capital, thereby de-risking high-cost exploration ventures. The development and adoption of advanced digital technologies, including AI, IoT, and big data analytics, will optimize operational efficiency, reduce costs, and improve safety. Furthermore, a focus on developing a circular economy within the petrochemical sector, promoting recycling and the use of sustainable feedstocks, will drive innovation and market competitiveness.
- Technological Breakthroughs: AI-driven reservoir management, advanced EOR techniques.
- Strategic Partnerships: Collaborations for technology transfer and risk sharing in deepwater projects.
- Market Expansion Strategies: Diversification into new petrochemical markets and development of cleaner energy solutions.
Key Players Shaping the Oil and Gas Industry in Malaysia Market
- Petro-Excel Sdn Bhd (PESB)
- ExxonMobil Corporation
- Shell Plc
- BP Plc
- Petronas Gas Bhd
- Chevron Corporation
- Altus Oil & Gas Malaysia Sdn Bhd
- Malaysiaian General Petroleum Corporation
- Malaysiaian Natural Gas Holding Company
- Petro Teguh (M) Sdn Bhd
Notable Milestones in Oil and Gas Industry in Malaysia Sector
- January 2023: A consortium of JGC Corporation and Samsung Heavy Industries (SHI) secured an EPCC contract with Petronas for Malaysia's first nearshore floating LNG facility project, set to be the world's first such facility with a minimum annual production capacity of 2 million tonnes of LNG, scheduled for completion in 2027.
- December 2022: Petronas announced an oil and gas discovery at the Nahara well in Block SK 306. Petronas Carigali, a wholly owned subsidiary of Petronas, operates the block with 100 percent participating interest in its Production Sharing Contract (PSC).
In-Depth Oil and Gas Industry in Malaysia Market Outlook
The Malaysia oil and gas industry outlook is exceptionally positive, driven by ongoing exploration success and strategic investments in infrastructure and technology. Growth accelerators such as the development of deepwater reserves and the expansion of LNG capabilities position Malaysia to remain a key player in the global energy market. Future potential is further enhanced by the nation's commitment to digitalization and the exploration of cleaner energy solutions, including hydrogen and CCUS. Strategic opportunities lie in leveraging advanced technologies for marginal field development and in diversifying the petrochemical value chain into higher-margin specialty products, ensuring sustainable and profitable growth in the coming years.
Oil and Gas Industry in Malaysia Segmentation
- 1. Upstream
- 2. Midstream
- 3. Downstream
Oil and Gas Industry in Malaysia Segmentation By Geography
-
1. North America
- 1.1. United States
- 1.2. Canada
- 1.3. Mexico
-
2. South America
- 2.1. Brazil
- 2.2. Argentina
- 2.3. Rest of South America
-
3. Europe
- 3.1. United Kingdom
- 3.2. Germany
- 3.3. France
- 3.4. Italy
- 3.5. Spain
- 3.6. Russia
- 3.7. Benelux
- 3.8. Nordics
- 3.9. Rest of Europe
-
4. Middle East & Africa
- 4.1. Turkey
- 4.2. Israel
- 4.3. GCC
- 4.4. North Africa
- 4.5. South Africa
- 4.6. Rest of Middle East & Africa
-
5. Asia Pacific
- 5.1. China
- 5.2. India
- 5.3. Japan
- 5.4. South Korea
- 5.5. ASEAN
- 5.6. Oceania
- 5.7. Rest of Asia Pacific

Oil and Gas Industry in Malaysia Regional Market Share

Geographic Coverage of Oil and Gas Industry in Malaysia
Oil and Gas Industry in Malaysia REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 3.8% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. 4.; Surging Demand For Refined Petroleum Products4.; Significant Untapped Petroleum Reserves in the Sedimentary Basins
- 3.3. Market Restrains
- 3.3.1. 4.; High Volatility of Crude Oil Prices
- 3.4. Market Trends
- 3.4.1. Midstream Sector is Expected to Have Significant Market Share
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Oil and Gas Industry in Malaysia Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Upstream
- 5.2. Market Analysis, Insights and Forecast - by Midstream
- 5.3. Market Analysis, Insights and Forecast - by Downstream
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. North America
- 5.4.2. South America
- 5.4.3. Europe
- 5.4.4. Middle East & Africa
- 5.4.5. Asia Pacific
- 5.1. Market Analysis, Insights and Forecast - by Upstream
- 6. North America Oil and Gas Industry in Malaysia Analysis, Insights and Forecast, 2020-2032
- 6.1. Market Analysis, Insights and Forecast - by Upstream
- 6.2. Market Analysis, Insights and Forecast - by Midstream
- 6.3. Market Analysis, Insights and Forecast - by Downstream
- 6.1. Market Analysis, Insights and Forecast - by Upstream
- 7. South America Oil and Gas Industry in Malaysia Analysis, Insights and Forecast, 2020-2032
- 7.1. Market Analysis, Insights and Forecast - by Upstream
- 7.2. Market Analysis, Insights and Forecast - by Midstream
- 7.3. Market Analysis, Insights and Forecast - by Downstream
- 7.1. Market Analysis, Insights and Forecast - by Upstream
- 8. Europe Oil and Gas Industry in Malaysia Analysis, Insights and Forecast, 2020-2032
- 8.1. Market Analysis, Insights and Forecast - by Upstream
- 8.2. Market Analysis, Insights and Forecast - by Midstream
- 8.3. Market Analysis, Insights and Forecast - by Downstream
- 8.1. Market Analysis, Insights and Forecast - by Upstream
- 9. Middle East & Africa Oil and Gas Industry in Malaysia Analysis, Insights and Forecast, 2020-2032
- 9.1. Market Analysis, Insights and Forecast - by Upstream
- 9.2. Market Analysis, Insights and Forecast - by Midstream
- 9.3. Market Analysis, Insights and Forecast - by Downstream
- 9.1. Market Analysis, Insights and Forecast - by Upstream
- 10. Asia Pacific Oil and Gas Industry in Malaysia Analysis, Insights and Forecast, 2020-2032
- 10.1. Market Analysis, Insights and Forecast - by Upstream
- 10.2. Market Analysis, Insights and Forecast - by Midstream
- 10.3. Market Analysis, Insights and Forecast - by Downstream
- 10.1. Market Analysis, Insights and Forecast - by Upstream
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2025
- 11.2. Company Profiles
- 11.2.1 Petro-Excel Sdn Bhd (PESB)
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 ExxonMobil Corporation
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Shell Plc
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 BP Plc
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Petronas Gas Bhd
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 Chevron Corporation
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 Altus Oil & Gas Malaysia Sdn Bhd
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 Malaysiaian General Petroleum Corporation
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 Malaysiaian Natural Gas Holding Company*List Not Exhaustive
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 Petro Teguh (M) Sdn Bhd
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.1 Petro-Excel Sdn Bhd (PESB)
List of Figures
- Figure 1: Global Oil and Gas Industry in Malaysia Revenue Breakdown (billion, %) by Region 2025 & 2033
- Figure 2: Global Oil and Gas Industry in Malaysia Volume Breakdown (Thousand, %) by Region 2025 & 2033
- Figure 3: North America Oil and Gas Industry in Malaysia Revenue (billion), by Upstream 2025 & 2033
- Figure 4: North America Oil and Gas Industry in Malaysia Volume (Thousand), by Upstream 2025 & 2033
- Figure 5: North America Oil and Gas Industry in Malaysia Revenue Share (%), by Upstream 2025 & 2033
- Figure 6: North America Oil and Gas Industry in Malaysia Volume Share (%), by Upstream 2025 & 2033
- Figure 7: North America Oil and Gas Industry in Malaysia Revenue (billion), by Midstream 2025 & 2033
- Figure 8: North America Oil and Gas Industry in Malaysia Volume (Thousand), by Midstream 2025 & 2033
- Figure 9: North America Oil and Gas Industry in Malaysia Revenue Share (%), by Midstream 2025 & 2033
- Figure 10: North America Oil and Gas Industry in Malaysia Volume Share (%), by Midstream 2025 & 2033
- Figure 11: North America Oil and Gas Industry in Malaysia Revenue (billion), by Downstream 2025 & 2033
- Figure 12: North America Oil and Gas Industry in Malaysia Volume (Thousand), by Downstream 2025 & 2033
- Figure 13: North America Oil and Gas Industry in Malaysia Revenue Share (%), by Downstream 2025 & 2033
- Figure 14: North America Oil and Gas Industry in Malaysia Volume Share (%), by Downstream 2025 & 2033
- Figure 15: North America Oil and Gas Industry in Malaysia Revenue (billion), by Country 2025 & 2033
- Figure 16: North America Oil and Gas Industry in Malaysia Volume (Thousand), by Country 2025 & 2033
- Figure 17: North America Oil and Gas Industry in Malaysia Revenue Share (%), by Country 2025 & 2033
- Figure 18: North America Oil and Gas Industry in Malaysia Volume Share (%), by Country 2025 & 2033
- Figure 19: South America Oil and Gas Industry in Malaysia Revenue (billion), by Upstream 2025 & 2033
- Figure 20: South America Oil and Gas Industry in Malaysia Volume (Thousand), by Upstream 2025 & 2033
- Figure 21: South America Oil and Gas Industry in Malaysia Revenue Share (%), by Upstream 2025 & 2033
- Figure 22: South America Oil and Gas Industry in Malaysia Volume Share (%), by Upstream 2025 & 2033
- Figure 23: South America Oil and Gas Industry in Malaysia Revenue (billion), by Midstream 2025 & 2033
- Figure 24: South America Oil and Gas Industry in Malaysia Volume (Thousand), by Midstream 2025 & 2033
- Figure 25: South America Oil and Gas Industry in Malaysia Revenue Share (%), by Midstream 2025 & 2033
- Figure 26: South America Oil and Gas Industry in Malaysia Volume Share (%), by Midstream 2025 & 2033
- Figure 27: South America Oil and Gas Industry in Malaysia Revenue (billion), by Downstream 2025 & 2033
- Figure 28: South America Oil and Gas Industry in Malaysia Volume (Thousand), by Downstream 2025 & 2033
- Figure 29: South America Oil and Gas Industry in Malaysia Revenue Share (%), by Downstream 2025 & 2033
- Figure 30: South America Oil and Gas Industry in Malaysia Volume Share (%), by Downstream 2025 & 2033
- Figure 31: South America Oil and Gas Industry in Malaysia Revenue (billion), by Country 2025 & 2033
- Figure 32: South America Oil and Gas Industry in Malaysia Volume (Thousand), by Country 2025 & 2033
- Figure 33: South America Oil and Gas Industry in Malaysia Revenue Share (%), by Country 2025 & 2033
- Figure 34: South America Oil and Gas Industry in Malaysia Volume Share (%), by Country 2025 & 2033
- Figure 35: Europe Oil and Gas Industry in Malaysia Revenue (billion), by Upstream 2025 & 2033
- Figure 36: Europe Oil and Gas Industry in Malaysia Volume (Thousand), by Upstream 2025 & 2033
- Figure 37: Europe Oil and Gas Industry in Malaysia Revenue Share (%), by Upstream 2025 & 2033
- Figure 38: Europe Oil and Gas Industry in Malaysia Volume Share (%), by Upstream 2025 & 2033
- Figure 39: Europe Oil and Gas Industry in Malaysia Revenue (billion), by Midstream 2025 & 2033
- Figure 40: Europe Oil and Gas Industry in Malaysia Volume (Thousand), by Midstream 2025 & 2033
- Figure 41: Europe Oil and Gas Industry in Malaysia Revenue Share (%), by Midstream 2025 & 2033
- Figure 42: Europe Oil and Gas Industry in Malaysia Volume Share (%), by Midstream 2025 & 2033
- Figure 43: Europe Oil and Gas Industry in Malaysia Revenue (billion), by Downstream 2025 & 2033
- Figure 44: Europe Oil and Gas Industry in Malaysia Volume (Thousand), by Downstream 2025 & 2033
- Figure 45: Europe Oil and Gas Industry in Malaysia Revenue Share (%), by Downstream 2025 & 2033
- Figure 46: Europe Oil and Gas Industry in Malaysia Volume Share (%), by Downstream 2025 & 2033
- Figure 47: Europe Oil and Gas Industry in Malaysia Revenue (billion), by Country 2025 & 2033
- Figure 48: Europe Oil and Gas Industry in Malaysia Volume (Thousand), by Country 2025 & 2033
- Figure 49: Europe Oil and Gas Industry in Malaysia Revenue Share (%), by Country 2025 & 2033
- Figure 50: Europe Oil and Gas Industry in Malaysia Volume Share (%), by Country 2025 & 2033
- Figure 51: Middle East & Africa Oil and Gas Industry in Malaysia Revenue (billion), by Upstream 2025 & 2033
- Figure 52: Middle East & Africa Oil and Gas Industry in Malaysia Volume (Thousand), by Upstream 2025 & 2033
- Figure 53: Middle East & Africa Oil and Gas Industry in Malaysia Revenue Share (%), by Upstream 2025 & 2033
- Figure 54: Middle East & Africa Oil and Gas Industry in Malaysia Volume Share (%), by Upstream 2025 & 2033
- Figure 55: Middle East & Africa Oil and Gas Industry in Malaysia Revenue (billion), by Midstream 2025 & 2033
- Figure 56: Middle East & Africa Oil and Gas Industry in Malaysia Volume (Thousand), by Midstream 2025 & 2033
- Figure 57: Middle East & Africa Oil and Gas Industry in Malaysia Revenue Share (%), by Midstream 2025 & 2033
- Figure 58: Middle East & Africa Oil and Gas Industry in Malaysia Volume Share (%), by Midstream 2025 & 2033
- Figure 59: Middle East & Africa Oil and Gas Industry in Malaysia Revenue (billion), by Downstream 2025 & 2033
- Figure 60: Middle East & Africa Oil and Gas Industry in Malaysia Volume (Thousand), by Downstream 2025 & 2033
- Figure 61: Middle East & Africa Oil and Gas Industry in Malaysia Revenue Share (%), by Downstream 2025 & 2033
- Figure 62: Middle East & Africa Oil and Gas Industry in Malaysia Volume Share (%), by Downstream 2025 & 2033
- Figure 63: Middle East & Africa Oil and Gas Industry in Malaysia Revenue (billion), by Country 2025 & 2033
- Figure 64: Middle East & Africa Oil and Gas Industry in Malaysia Volume (Thousand), by Country 2025 & 2033
- Figure 65: Middle East & Africa Oil and Gas Industry in Malaysia Revenue Share (%), by Country 2025 & 2033
- Figure 66: Middle East & Africa Oil and Gas Industry in Malaysia Volume Share (%), by Country 2025 & 2033
- Figure 67: Asia Pacific Oil and Gas Industry in Malaysia Revenue (billion), by Upstream 2025 & 2033
- Figure 68: Asia Pacific Oil and Gas Industry in Malaysia Volume (Thousand), by Upstream 2025 & 2033
- Figure 69: Asia Pacific Oil and Gas Industry in Malaysia Revenue Share (%), by Upstream 2025 & 2033
- Figure 70: Asia Pacific Oil and Gas Industry in Malaysia Volume Share (%), by Upstream 2025 & 2033
- Figure 71: Asia Pacific Oil and Gas Industry in Malaysia Revenue (billion), by Midstream 2025 & 2033
- Figure 72: Asia Pacific Oil and Gas Industry in Malaysia Volume (Thousand), by Midstream 2025 & 2033
- Figure 73: Asia Pacific Oil and Gas Industry in Malaysia Revenue Share (%), by Midstream 2025 & 2033
- Figure 74: Asia Pacific Oil and Gas Industry in Malaysia Volume Share (%), by Midstream 2025 & 2033
- Figure 75: Asia Pacific Oil and Gas Industry in Malaysia Revenue (billion), by Downstream 2025 & 2033
- Figure 76: Asia Pacific Oil and Gas Industry in Malaysia Volume (Thousand), by Downstream 2025 & 2033
- Figure 77: Asia Pacific Oil and Gas Industry in Malaysia Revenue Share (%), by Downstream 2025 & 2033
- Figure 78: Asia Pacific Oil and Gas Industry in Malaysia Volume Share (%), by Downstream 2025 & 2033
- Figure 79: Asia Pacific Oil and Gas Industry in Malaysia Revenue (billion), by Country 2025 & 2033
- Figure 80: Asia Pacific Oil and Gas Industry in Malaysia Volume (Thousand), by Country 2025 & 2033
- Figure 81: Asia Pacific Oil and Gas Industry in Malaysia Revenue Share (%), by Country 2025 & 2033
- Figure 82: Asia Pacific Oil and Gas Industry in Malaysia Volume Share (%), by Country 2025 & 2033
List of Tables
- Table 1: Global Oil and Gas Industry in Malaysia Revenue billion Forecast, by Upstream 2020 & 2033
- Table 2: Global Oil and Gas Industry in Malaysia Volume Thousand Forecast, by Upstream 2020 & 2033
- Table 3: Global Oil and Gas Industry in Malaysia Revenue billion Forecast, by Midstream 2020 & 2033
- Table 4: Global Oil and Gas Industry in Malaysia Volume Thousand Forecast, by Midstream 2020 & 2033
- Table 5: Global Oil and Gas Industry in Malaysia Revenue billion Forecast, by Downstream 2020 & 2033
- Table 6: Global Oil and Gas Industry in Malaysia Volume Thousand Forecast, by Downstream 2020 & 2033
- Table 7: Global Oil and Gas Industry in Malaysia Revenue billion Forecast, by Region 2020 & 2033
- Table 8: Global Oil and Gas Industry in Malaysia Volume Thousand Forecast, by Region 2020 & 2033
- Table 9: Global Oil and Gas Industry in Malaysia Revenue billion Forecast, by Upstream 2020 & 2033
- Table 10: Global Oil and Gas Industry in Malaysia Volume Thousand Forecast, by Upstream 2020 & 2033
- Table 11: Global Oil and Gas Industry in Malaysia Revenue billion Forecast, by Midstream 2020 & 2033
- Table 12: Global Oil and Gas Industry in Malaysia Volume Thousand Forecast, by Midstream 2020 & 2033
- Table 13: Global Oil and Gas Industry in Malaysia Revenue billion Forecast, by Downstream 2020 & 2033
- Table 14: Global Oil and Gas Industry in Malaysia Volume Thousand Forecast, by Downstream 2020 & 2033
- Table 15: Global Oil and Gas Industry in Malaysia Revenue billion Forecast, by Country 2020 & 2033
- Table 16: Global Oil and Gas Industry in Malaysia Volume Thousand Forecast, by Country 2020 & 2033
- Table 17: United States Oil and Gas Industry in Malaysia Revenue (billion) Forecast, by Application 2020 & 2033
- Table 18: United States Oil and Gas Industry in Malaysia Volume (Thousand) Forecast, by Application 2020 & 2033
- Table 19: Canada Oil and Gas Industry in Malaysia Revenue (billion) Forecast, by Application 2020 & 2033
- Table 20: Canada Oil and Gas Industry in Malaysia Volume (Thousand) Forecast, by Application 2020 & 2033
- Table 21: Mexico Oil and Gas Industry in Malaysia Revenue (billion) Forecast, by Application 2020 & 2033
- Table 22: Mexico Oil and Gas Industry in Malaysia Volume (Thousand) Forecast, by Application 2020 & 2033
- Table 23: Global Oil and Gas Industry in Malaysia Revenue billion Forecast, by Upstream 2020 & 2033
- Table 24: Global Oil and Gas Industry in Malaysia Volume Thousand Forecast, by Upstream 2020 & 2033
- Table 25: Global Oil and Gas Industry in Malaysia Revenue billion Forecast, by Midstream 2020 & 2033
- Table 26: Global Oil and Gas Industry in Malaysia Volume Thousand Forecast, by Midstream 2020 & 2033
- Table 27: Global Oil and Gas Industry in Malaysia Revenue billion Forecast, by Downstream 2020 & 2033
- Table 28: Global Oil and Gas Industry in Malaysia Volume Thousand Forecast, by Downstream 2020 & 2033
- Table 29: Global Oil and Gas Industry in Malaysia Revenue billion Forecast, by Country 2020 & 2033
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- Table 31: Brazil Oil and Gas Industry in Malaysia Revenue (billion) Forecast, by Application 2020 & 2033
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- Table 33: Argentina Oil and Gas Industry in Malaysia Revenue (billion) Forecast, by Application 2020 & 2033
- Table 34: Argentina Oil and Gas Industry in Malaysia Volume (Thousand) Forecast, by Application 2020 & 2033
- Table 35: Rest of South America Oil and Gas Industry in Malaysia Revenue (billion) Forecast, by Application 2020 & 2033
- Table 36: Rest of South America Oil and Gas Industry in Malaysia Volume (Thousand) Forecast, by Application 2020 & 2033
- Table 37: Global Oil and Gas Industry in Malaysia Revenue billion Forecast, by Upstream 2020 & 2033
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- Table 45: United Kingdom Oil and Gas Industry in Malaysia Revenue (billion) Forecast, by Application 2020 & 2033
- Table 46: United Kingdom Oil and Gas Industry in Malaysia Volume (Thousand) Forecast, by Application 2020 & 2033
- Table 47: Germany Oil and Gas Industry in Malaysia Revenue (billion) Forecast, by Application 2020 & 2033
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- Table 49: France Oil and Gas Industry in Malaysia Revenue (billion) Forecast, by Application 2020 & 2033
- Table 50: France Oil and Gas Industry in Malaysia Volume (Thousand) Forecast, by Application 2020 & 2033
- Table 51: Italy Oil and Gas Industry in Malaysia Revenue (billion) Forecast, by Application 2020 & 2033
- Table 52: Italy Oil and Gas Industry in Malaysia Volume (Thousand) Forecast, by Application 2020 & 2033
- Table 53: Spain Oil and Gas Industry in Malaysia Revenue (billion) Forecast, by Application 2020 & 2033
- Table 54: Spain Oil and Gas Industry in Malaysia Volume (Thousand) Forecast, by Application 2020 & 2033
- Table 55: Russia Oil and Gas Industry in Malaysia Revenue (billion) Forecast, by Application 2020 & 2033
- Table 56: Russia Oil and Gas Industry in Malaysia Volume (Thousand) Forecast, by Application 2020 & 2033
- Table 57: Benelux Oil and Gas Industry in Malaysia Revenue (billion) Forecast, by Application 2020 & 2033
- Table 58: Benelux Oil and Gas Industry in Malaysia Volume (Thousand) Forecast, by Application 2020 & 2033
- Table 59: Nordics Oil and Gas Industry in Malaysia Revenue (billion) Forecast, by Application 2020 & 2033
- Table 60: Nordics Oil and Gas Industry in Malaysia Volume (Thousand) Forecast, by Application 2020 & 2033
- Table 61: Rest of Europe Oil and Gas Industry in Malaysia Revenue (billion) Forecast, by Application 2020 & 2033
- Table 62: Rest of Europe Oil and Gas Industry in Malaysia Volume (Thousand) Forecast, by Application 2020 & 2033
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- Table 67: Global Oil and Gas Industry in Malaysia Revenue billion Forecast, by Downstream 2020 & 2033
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- Table 69: Global Oil and Gas Industry in Malaysia Revenue billion Forecast, by Country 2020 & 2033
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- Table 71: Turkey Oil and Gas Industry in Malaysia Revenue (billion) Forecast, by Application 2020 & 2033
- Table 72: Turkey Oil and Gas Industry in Malaysia Volume (Thousand) Forecast, by Application 2020 & 2033
- Table 73: Israel Oil and Gas Industry in Malaysia Revenue (billion) Forecast, by Application 2020 & 2033
- Table 74: Israel Oil and Gas Industry in Malaysia Volume (Thousand) Forecast, by Application 2020 & 2033
- Table 75: GCC Oil and Gas Industry in Malaysia Revenue (billion) Forecast, by Application 2020 & 2033
- Table 76: GCC Oil and Gas Industry in Malaysia Volume (Thousand) Forecast, by Application 2020 & 2033
- Table 77: North Africa Oil and Gas Industry in Malaysia Revenue (billion) Forecast, by Application 2020 & 2033
- Table 78: North Africa Oil and Gas Industry in Malaysia Volume (Thousand) Forecast, by Application 2020 & 2033
- Table 79: South Africa Oil and Gas Industry in Malaysia Revenue (billion) Forecast, by Application 2020 & 2033
- Table 80: South Africa Oil and Gas Industry in Malaysia Volume (Thousand) Forecast, by Application 2020 & 2033
- Table 81: Rest of Middle East & Africa Oil and Gas Industry in Malaysia Revenue (billion) Forecast, by Application 2020 & 2033
- Table 82: Rest of Middle East & Africa Oil and Gas Industry in Malaysia Volume (Thousand) Forecast, by Application 2020 & 2033
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- Table 84: Global Oil and Gas Industry in Malaysia Volume Thousand Forecast, by Upstream 2020 & 2033
- Table 85: Global Oil and Gas Industry in Malaysia Revenue billion Forecast, by Midstream 2020 & 2033
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- Table 87: Global Oil and Gas Industry in Malaysia Revenue billion Forecast, by Downstream 2020 & 2033
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- Table 89: Global Oil and Gas Industry in Malaysia Revenue billion Forecast, by Country 2020 & 2033
- Table 90: Global Oil and Gas Industry in Malaysia Volume Thousand Forecast, by Country 2020 & 2033
- Table 91: China Oil and Gas Industry in Malaysia Revenue (billion) Forecast, by Application 2020 & 2033
- Table 92: China Oil and Gas Industry in Malaysia Volume (Thousand) Forecast, by Application 2020 & 2033
- Table 93: India Oil and Gas Industry in Malaysia Revenue (billion) Forecast, by Application 2020 & 2033
- Table 94: India Oil and Gas Industry in Malaysia Volume (Thousand) Forecast, by Application 2020 & 2033
- Table 95: Japan Oil and Gas Industry in Malaysia Revenue (billion) Forecast, by Application 2020 & 2033
- Table 96: Japan Oil and Gas Industry in Malaysia Volume (Thousand) Forecast, by Application 2020 & 2033
- Table 97: South Korea Oil and Gas Industry in Malaysia Revenue (billion) Forecast, by Application 2020 & 2033
- Table 98: South Korea Oil and Gas Industry in Malaysia Volume (Thousand) Forecast, by Application 2020 & 2033
- Table 99: ASEAN Oil and Gas Industry in Malaysia Revenue (billion) Forecast, by Application 2020 & 2033
- Table 100: ASEAN Oil and Gas Industry in Malaysia Volume (Thousand) Forecast, by Application 2020 & 2033
- Table 101: Oceania Oil and Gas Industry in Malaysia Revenue (billion) Forecast, by Application 2020 & 2033
- Table 102: Oceania Oil and Gas Industry in Malaysia Volume (Thousand) Forecast, by Application 2020 & 2033
- Table 103: Rest of Asia Pacific Oil and Gas Industry in Malaysia Revenue (billion) Forecast, by Application 2020 & 2033
- Table 104: Rest of Asia Pacific Oil and Gas Industry in Malaysia Volume (Thousand) Forecast, by Application 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Oil and Gas Industry in Malaysia?
The projected CAGR is approximately 3.8%.
2. Which companies are prominent players in the Oil and Gas Industry in Malaysia?
Key companies in the market include Petro-Excel Sdn Bhd (PESB), ExxonMobil Corporation, Shell Plc, BP Plc, Petronas Gas Bhd, Chevron Corporation, Altus Oil & Gas Malaysia Sdn Bhd, Malaysiaian General Petroleum Corporation, Malaysiaian Natural Gas Holding Company*List Not Exhaustive, Petro Teguh (M) Sdn Bhd.
3. What are the main segments of the Oil and Gas Industry in Malaysia?
The market segments include Upstream, Midstream, Downstream.
4. Can you provide details about the market size?
The market size is estimated to be USD 11.44 billion as of 2022.
5. What are some drivers contributing to market growth?
4.; Surging Demand For Refined Petroleum Products4.; Significant Untapped Petroleum Reserves in the Sedimentary Basins.
6. What are the notable trends driving market growth?
Midstream Sector is Expected to Have Significant Market Share.
7. Are there any restraints impacting market growth?
4.; High Volatility of Crude Oil Prices.
8. Can you provide examples of recent developments in the market?
January 2023: A consortium of JGC Corporation and Samsung Heavy Industries (SHI) secured an engineering, procurement, construction, and commissioning (EPCC) contract with Petronas for Malaysia's first nearshore floating LNG facility project. The planned facility is set to become the world's first nearshore floating LNG facility. It has a minimum production capacity of 2 million tonnes of LNG annually and is scheduled for completion in 2027.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in billion and volume, measured in Thousand.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Oil and Gas Industry in Malaysia," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Oil and Gas Industry in Malaysia report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Oil and Gas Industry in Malaysia?
To stay informed about further developments, trends, and reports in the Oil and Gas Industry in Malaysia, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

