Section B · Mining and quarrying/Group
091

Support activities for petroleum and natural gas extraction

Case-by-case approval

Upstream petroleum operations require Production Sharing Contract (PSC) with Petronas. Foreign participation is structured via PSC terms, not equity.

Foreign equity
100%
Sector approval required
Capital floor
None
Standard Sdn Bhd RM 1
Setup timeline
8–12 wk
Foreign Sdn Bhd via Emerhub
Set up for this MSICOne-business-day quote · MSIC 091 pre-filled
Investment policy

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.

Official statistics

Sector context

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类