Partner & Stakeholders

MOF through its corporation MOF (Inc.) holds a majority share in PETRONAS through indirect ownership. At the national level, MOF is responsible for:

1. Sustainable and continuous economic growth and resilience.
2. Effective and prudent financial management through an equitable sharing of national wealth.
3. A fair taxation system to stimulate and generate national revenue.
4. Planning and implementing direct and indirect taxation policies & incentives.
5. Tax exemptions, remittance, incentives and tax agents.

MPM engages MOF on matters related to the Petroleum Income Tax Act (PITA) 1967, Cash Payments, PITA incentives and Export Duty exemptions application on behalf of the Petroleum Arrangement (PA) Contractors.

MOFA bears the mandate and responsibility to conduct Malaysia's foreign relations with other countries. This includes matters related to political relations, economic affairs, security matters, and social and cultural promotion.
MOFA’s key roles and functions are:

1. Uphold, protect and promote Malaysia’s sovereignty, territorial integrity and national interests.
2. Develop and advise on foreign policy options based on regional and global position.
3. Coordinate & articulate with other Ministries and Agencies for a coherent position on international issues and engagement.

When carrying out oil & gas activities, MPM will consult MOFA in matters related to maritime boundaries, maritime security and related issues.

KPDN through its Petroleum Regulatory Division, manages the application to construct, operate or use any artificial island, installation or structure as well as submarine cables or pipelines laydown in the exclusive economic zone (EEZ) or on the continental shelf by virtue of Section 21 (1) and Section 22 of the Exclusive Economic Zones Act, 1984 [Act 311].

MPM engages KPDN as the Secretariat for the EEZ Committee for the approval of relevant activities related to upstream projects within the country's EEZ.

NSC is a federal agency under the Prime Minister’s Department responsible for managing and coordinating the implementation of policies related to the security of Malaysia. The three core functions of NSC are:

• defending sovereignty and matters of national strategic importance;
• crisis and disaster management; and
• border management for land, maritime and air.

MPM engages NSC as the Secretariat of the Security Coordination Committee Meeting for upstream oil and gas projects to oversee Malaysia’s security and sovereignty policy including matters involving maritime security, international border and airspace.

In line with the Environmental Quality Act 1974, the DOE was established to prevent, eliminate and control pollution with the aim of protecting the environment under the purview of the Ministry of Environment & Water.

MPM engages DOE for matters related to environmental compliance, as well as collaboration related to environmental initiatives for upstream oil and gas projects.

The Ministry of Health was established to:

1. Provide high-quality healthcare services that among others are; affordable, incorporates advanced technology and innovative solutions for the public.
2. Develop national health policies and a system that is well equipped to face any disease or pandemic outbreak.

MPM engages MOH in managing COVID-19 related matters such as Onsite COVID-19 cases and the management of clusters. In ensuring the health and safety of oil and gas industry personnel, the engagement includes the establishment of green bubble procedures and Managing COVID-19 Guidelines 8.0, setting up oil and gas quarantine centers as well as the industry vaccination centre (PPV Industry), and vaccination programme implementation for the offshore workforce.

DOSH is an authority responsible for:

1. Safety, health and welfare of people at work and others from health hazards arising from various industrial and business activities including oil and gas operations under the Ministry of Human Resources.
2. Enforcement and administration of legislation related to occupational safety and health (OSH) in Malaysia.

MPM together with DOSH steers the implementation of the Offshore Self Regulation (OSR) Malaysia upstream facilities and compliance to OSH regulatory requirements.

MARDEP under the purview of the Ministry of Transport was established for:

1. Safe navigation and providing services to merchant vessels such as ship inspection, certification, registration and licensing in Malaysian waters and ports.
2. Supervision of examinations for seafarers including vessels servicing the Malaysian oil and gas industry.

MPM engages MARDEP to seek approval for any vessel movement and crew change and for license approval of foreign vessels entering Malaysian waters. MARDEP also conducts audit on FPSOs in compliance with International Ship & Port Facility Security (ISPS) Code - Seafarer Affairs and Port Division.

The NHC is a body under the purview of the Royal Malaysian Navy and is responsible for carrying out hydrographic measurement activities in line with maritime community requirements and aids the safety of sailing in Malaysian waters.

MPM engages NHC for bathymetry data submission which is important to indicate the location of any existing facilities and ensure safe navigation by mariners.

The Malaysian Investment Development Authority (MIDA) is a one-stop centre which provides comprehensive support services to facilitate potential investors in setting up their business in Malaysia.

Close collaboration with MIDA is important for MPM to sustain continuous investments into Malaysia’s oil & gas industry.

The Economic Planning Unit (EPU) which resides under the Prime Minister’s Department leads the country's socio-economic development through quality planning towards inclusive, fair and equitable growth.

MPM works closely with EPU towards developing the nation’s oil & gas sector.

The Malaysia Petroleum Resources Corporation (MPRC) is currently an agency under the Economic Planning Unit in the Prime Minister's Department. Its main objective is to advance the local oil and gas services and equipment (OGSE) industry, anchoring on Malaysia’s strategic geographical location, to transform the country into a thriving regional hub for the sector.

MPM engages MPRC to advance the local oil and gas services industry, leveraging on the organisation’s expertise and contact for facilitation of trade and investment in attracting local and international players.