Oilfield Services Companies In Malaysia

Oilfield services companies in Malaysia are entities that provide specialized support to the country’s oil and gas industry. These companies offer technical expertise, equipment, and services for exploring, drilling, producing, and maintaining oil and gas fields onshore and offshore in Malaysian waters.

The scope of oilfield services companies includes drilling, well construction, seismic testing, production optimization, equipment maintenance, and environmental management. Companies also provide technology-based services, such as locating energy sources, drilling and formation evaluation, and energy data management. These services require high levels of technical expertise and cutting-edge technology to meet the challenges of extracting resources from complex geological formations.

What Do Oilfield Services Companies Do?

Oilfield services companies provide a comprehensive range of specialized support to the oil and gas industry throughout a field’s lifecycle, from initial exploration and seismic surveys to drilling, well completion, and ongoing production optimization. Below is the explanation of the ten main services that the oilfield services company provides:

1. Drilling Services And Rig Operations

Oilfield services companies provide and operate drilling rigs, manage drilling fluids, and oversee well control. They bring expertise in drilling techniques suitable for various geological formations in Malaysia’s oilfields.

2. Well Completion And Stimulation

Oilfield services companies prepare wells for production through casing, cementing, perforating, and stimulation techniques like hydraulic fracturing. Their work ensures that wells are ready to produce oil and gas efficiently and safely.

3. Seismic Surveys And Data Analysis

Geological surveys and interpreting data must be conducted to identify potential hydrocarbon reserves. This involves using advanced technologies to create detailed subsurface maps that guide exploration and production decisions.

4. Equipment Manufacturing And Maintenance

Oilfield services firms design, produce, and maintain specialized oilfield equipment, including drill bits and wellheads and complex subsea production systems.

5. Reservoir Evaluation And Management

These companies assess reservoir characteristics and develop strategies for optimal resource extraction. This involves sophisticated modeling and simulation techniques to maximize field productivity over the lifespan of the reservoir.

6. Production Optimization And Enhancement

6. Oilfield services companies must implement techniques to maximize oil and gas production from existing wells. These may include artificial lift systems, enhanced oil recovery methods, and production chemistry solutions.

7. Well Intervention And Workover Services

Performing maintenance, repairs, and enhancements on existing wells to improve or restore production is an important aspect of oilfield services. This can involve complex operations like sidetracking or re-completing wells.

8. Environmental And Safety Compliance Support

Ensuring operations meet regulatory standards for environmental protection and worker safety is crucial. Oilfield services companies provide expertise in navigating Malaysia’s regulatory landscape and implementing best practices in HSE management.

What Is The List Of Oilfield Services Companies In Malaysia?

Notable oilfield services companies operating in Malaysia include Sapura Energy Berhad, Bumi Armada Berhad, Deleum Berhad, Petra Energy Berhad, Dayang Enterprise Holdings Berhad, Uzma Berhad, Carimin Petroleum Berhad, and T7 Global Berhad. This non-exhaustive ten list represents some key players in the Malaysian oilfield services landscape.

1. Sapura Energy Berhad

Sapura Energy Berhad is Asia’s leading integrated oil and gas services and solutions provider. Sapura Energy offers a comprehensive range of services across the industry’s entire value chain.

2. Bumi Armada Berhad

Bumi Armada Berhad specializes in offshore energy facilities and services, including FPSO operations. They have a strong presence in Malaysia’s offshore oil and gas sector.

3. Deleum Berhad

Deleum offers a range of specialized products and services to the oil and gas industry, including power generation and oilfield equipment.

4. Petra Energy Berhad

Petra Energy Berhad provides integrated brownfield services for the upstream oil and gas industry, focusing on maintenance, hook-up, and commissioning work.

5. Dayang Enterprise Holdings Berhad

Dayang focuses on oil and gas industry maintenance services, particularly in topside maintenance, hook-up, and commissioning.

6. Uzma Berhad

Uzma provides various oil and gas services, including geoscience and reservoir engineering, well services, and project management.

7. Carimin Petroleum Berhad

This company offers offshore construction and maintenance services, specializing in hook-up, commissioning, and topside major maintenance.

8. T7 Global Berhad

T7 Global provides engineering solutions and products to the oil and gas industry, including designing and fabricating process equipment and structures.

What Is The Largest Oilfield Service Companies?

The largest oilfield service companies are Schlumberger Limited, Halliburton, Baker Hughes, and Weatherford International, often called the “Big Four“.

1. Schlumberger Limited

Schlumberger is the world’s largest oilfield services company, known for its technological innovations and global presence. It offers a comprehensive range of services and has significant operations in Malaysia.

2. Halliburton

Halliburton is a major player in hydraulic fracturing and well-completion services and has a strong presence in Malaysia’s oilfield services sector.

3. Baker Hughes

Baker Hughes specializes in oilfield products, services, and digital solutions. They have operated in Malaysia for several decades, providing cutting-edge technologies to the local oil and gas industry.

4. Weatherford International

Weatherford offers a wide range of wellbore and production solutions. While smaller than the other three, they maintain a significant presence in Malaysia’s oilfield services market.

What Are An Example Of Oilfield Services Jobs?

The oilfield services sector offers career opportunities. Key roles include drilling engineers and rig operators, geologists and geophysicists, well completion specialists, reservoir engineers, and Health, Safety, and Environment (HSE) officers. Below is a brief explanation of 10 key roles in oilfield services:

1. Drilling Engineers And Rig Operators

Drilling Engineers And Rig Operators oversee drilling operations and manage rig crews, ensuring safe and efficient drilling processes.

2. Geologists And Geophysicists

Geologists and Geophysicists analyze subsurface data to identify potential hydrocarbon reserves, which is important in exploration activities.

3. Well Completion Specialists

Well-completion specialists design and implement strategies to optimize production from newly drilled wells.

4. Reservoir Engineers

Reservoir engineers develop plans for optimal reservoir exploitation, balancing production rates with long-term field sustainability.

5. Production Technicians

Production Technicians monitor and maintain production equipment, ensuring smooth operations at oil and gas facilities.

6. Mud Engineers

Mud engineers formulate and maintain drilling fluids for successful drilling operations.

7. HSE (Health, Safety, And Environment) Officers

HSE (Health, Safety, And Environment) Officers ensure compliance with safety and environmental regulations, a critical aspect of oil and gas operations.

8. Field Service Technicians

Field Service Technicians maintain and repair oilfield equipment, keeping operations running smoothly.

9. Subsea Engineers

Subsea Engineers specializing in underwater oil and gas production systems in offshore operations.

10. Data Analysts And Software Developers

Data Analysts And Software Developers develop and maintain software for oilfield technologies, driving innovation in the industry.

What Is The List Of Upstream Oil And Gas Companies In Malaysia?

Key players in the Malaysian upstream sector include PETRONAS (Petroliam Nasional Berhad), Shell Malaysia, ExxonMobil Exploration and Production Malaysia Inc., Murphy Oil Corporation, Repsol Oil & Gas Malaysia Limited, Hess Corporation, ConocoPhillips Malaysia, and PTTEP (PTT Exploration and Production Public Company Limited).

PETRONAS (Petroliam Nasional Berhad)

PETRONAS holds exclusive ownership rights to all oil and gas resources in the country. It plays a central role in Malaysia’s upstream sector.

Shell Malaysia

Shell has been operating in the country for over a century. It is a major international player with significant operations in Malaysia’s upstream sector. Below is the non-exhaustive list of eight major upstream oil and gas companies operating in Malaysia:

ExxonMobil Exploration And Production Malaysia Inc.

ExxonMobil is one of Malaysia’s largest foreign oil companies, and it has substantial offshore operations.

Murphy Oil Corporation

Murphy Oil has a strong presence in Malaysia’s offshore oil and gas fields, particularly in Sarawak waters.

Repsol Oil & Gas Malaysia Limited

Repsol Oil & Gas, a Spanish company, has exploration and production activities in Malaysia that focus on offshore blocks.

Hess Corporation

Hess, an American company operating in Malaysia’s offshore areas, has been involved in several significant discoveries.

ConocoPhillips Malaysia

ConocoPhillips is interested in several production-sharing contracts in Malaysia which contribute to oil and gas production.

PTTEP (PTT Exploration And Production Public Company Limited)

PTTEP, a Thai company with growing operations in Malaysia, has expanded its presence in the Malaysian upstream sector.