EnQuest Petroleum Production Malaysia Ltd is a wholly-owned subsidiary of EnQuest PLC, an independent oil and gas company listed on the London Stock Exchange. Incorporated in 2013 and registered in London, United Kingdom, the company focuses on upstream petroleum production and development.
It holds operatorship and participating interests in production sharing contracts offshore Malaysia, including recent agreements with PETRONAS Carigali for assets in Peninsular Malaysia and Sarawak. The company specializes in brownfield and late-life asset management.
A proposed acquisition of additional interests in four offshore PSCs, valued at up to $833 million with expected completion in December 2026, would significantly expand its Malaysian production footprint.
Also known as EQ Petroleum Production Malaysia Ltd.
Revenue up 15% to RM152.4bn; PAT RM27.2bn; CAPEX RM41.4bn and full ownership of PRefChem expected in 2H 2026 amid West Asia conflict-driven volatility.
Transfers operatorship and stakes in several Peninsular Malaysia and Sarawak PSCs to partners; Terengganu’s TI EP to take a non‑operated interest in PM6/12 to build state capability.
