Petroleum Sarawak Exploration & Production Sdn. Bhd. (Malaysia)

Petroleum Sarawak Exploration & Production Sdn. Bhd. (PSEP) is a Sarawak-based upstream oil and gas company and a wholly owned subsidiary of Petroleum Sarawak Berhad (PETROS), established to participate directly in the exploration and production of hydrocarbon resources within Sarawak. The company's core activities encompass upstream petroleum operations, including exploration, field development, production, and asset management, executed either independently or through joint ventures and production sharing arrangements with national and international oil companies. PSEP is positioned to represent Sarawak's interests in upstream resource development, supporting greater state participation and value capture across the oil and gas value chain. Its operational scope includes subsurface studies, reservoir and production management, drilling and well operations oversight, health, safety and environmental governance, and coordination with regulators and partners. Strategically, PSEP aligns with Sarawak's broader energy agenda by strengthening local upstream capabilities, building technical and operational competencies, and ensuring sustainable and efficient development of the state's hydrocarbon resources while supporting long-term energy security and economic development objectives.