Processes to obtain crude oils
This activity involves the processes used to extract crude oil from natural sources. It includes techniques such as decantation, desalting, dehydration, and stabilization to prepare the crude oil for further refining and processing.
Upstream petroleum operations require Production Sharing Contract (PSC) with Petronas. Foreign participation is structured via PSC terms, not equity.
- Foreign equity
- 100%
- Capital floor
- None
- Setup timeline
- 8–12 wk
Foreign ownership rules
Foreign ownership rules
- Oil & Gas UpstreamconditionalPETRONAS
Upstream petroleum operations require Production Sharing Contract (PSC) with Petronas. Foreign participation is structured via PSC terms, not equity.
Source
Sourced from MIDA sector booklets and respective regulators. Verify the latest rules with the regulator before investment decisions.
Activity details
decantation, desalting, dehydration, stabilization, etc.
extraction of crude petroleum oils, see 06101
SST & 预扣税
风险等级
电子发票 (MyInvois)
通过LHDN MyInvois开具电子发票时需要MSIC代码 06104。请在电子发票的分类字段中使用此代码。