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Country summary: Malaysia

energy-pedia opportunities - Malaysia:
Current deals: 2
Licensing articles: 67
Completed deals: 36

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Malaysia - recent news

07 Jul 25
Malaysia: PETRONAS forges new milestones for Sabah's sustainable energy growth
PETRONAS, through Malaysia Petroleum Management (MPM), reaffirmed its longstanding partnership with the Sabah State Government by formalising several key agreements at the Sabah Oil, Gas & Energy Conference & Exhibition (SOGCE) 2025. These milestones reflect a shared commitment to advancing Sabah’s energy landscape through collaborative, sustainable, and value-driven development.
02 Jul 25
Malaysia: Velesto secures PTTEP drilling contract for NAGA 5 in 2025–2026 campaign
Velesto Energy has been awarded a drilling contract by PTTEP for its 2025–2026 drilling campaign in Malaysia. Under the contract, Velesto will assign NAGA 5, one of its premium jack-up rigs, to drill a firm 15 wells with operations scheduled to commence in June 2025.
30 Jun 25
Malaysia: PETRONAS welcomes 20 global startups to its FutureTech corporate accelerator programme
PETRONAS has selected 20 high potential startups for the fourth edition of its FutureTech accelerator programme. The selected startups, representing seven countries, are advancing innovative solutions aligned with the programme’s three key themes: Future of Industry and Work, Future of Energy and Future of Chemicals and Materials.
23 Jun 25
Malaysia: Woodside and PETRONAS eye long-term LNG supply
Woodside Energy and PETRONAS, through its subsidiary PETRONAS LNG, have signed a non-binding Heads of Agreement (HOA) for the supply of 1 million tonnes per annum of LNG to Malaysia from 2028 for a period of 15 years.
23 Jun 25
Malaysia: PETRONAS, MISC and MOL announce landmark JV to advance cross-border CO2 transportation
PETRONAS CCS Ventures, MISC, and Mitsui O.S.K. Lines, (MOL) have announced the incorporation of a strategic JV, Jules Nautica. This JV will lead the development and act as the ultimate owner of Liquefied Carbon Dioxide (LCO2) carriers, which are critical for transporting LCO2 to designated storage sites as part of advancing carbon capture and storage (CCS) solutions.

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