Malaysia’s oil and gas production is spread across a few key regions, mainly offshore, including:
1. Offshore Sarawak (East Malaysia)
Sarawak is Malaysia’s largest oil and gas producing region with the majority coming from offshore fields in the South China Sea, including Kasawari Gas Field, Pegaga Gas Field and the Timi Field.
2. Offshore Sabah (East Malaysia)
Sabah also has significant offshore production, especially from deepwater oil and gas fields. This area has seen growing investment in newer offshore projects.
3. Offshore Peninsular Malaysia (Malay Basin)
Located off the east coast of Peninsular Malaysia, the Malay Basin is one of the country’s oldest and most established producing areas, mainly known for natural gas and some oil.
4. Offshore Terengganu and Kelantan Waters
These waters contain several important gas fields that contribute to domestic energy supply, supporting power generation and industrial use.
5. Strait of Malacca (Smaller Fields)
On the west coast, oil and gas production exists but is smaller compared with the east coast and Borneo offshore regions.
Malaysia Bid Round
PETRONAS, through Malaysia Petroleum Management (MPM), has launched the Malaysia Bid Round 2026 (MBR 2026), to help to grow investment in Malaysia.
The round includes nine exploration blocks across Malaysia. It includes
- high-impact exploration block in the frontier Sandakan Basin,
- high-potential exploration blocks in the emerging West Sarawak Basin
- near-field exploration blocks with new play ideas in the mature Malay Basin.
The bid round also includes six existing discoveries which could be immediately exploited.
The round was launched on 10th February and the various blocks have different deadlines for submission. The deadlines for the existing discoveries are August / October, for the exploration acreage, the earliest deadline is the end of September.
Learn more at https://www.malaysiabidround.com/
Syntillica’s experience in Malaysia
65 of our consultants have worked in Malaysia on over 250 projects. The skills used in all of these projects include drilling; facilities; geology; geomechanics; geophysics; petroleum engineering; petroleum geochemistry; petrophysics; production technology and reservoir engineering.
