Terengganu Incorporated Sdn. Bhd. is a state-owned investment holding company based in Kuala Terengganu, Malaysia. It oversees the State Government of Terengganu’s investments across multiple sectors, including oil and gas, energy and natural resources, plantation, healthcare, infrastructure, and tourism. Through its subsidiary TI Petroleum Sdn. Bhd. and joint venture TI Exploration & Production Sdn. Bhd., the company holds non-operated interests in upstream oil and gas assets in Malaysia, including the PM6/12 PSC in partnership with PETRONAS Carigali and other operators. It focuses on portfolio optimisation, brownfield redevelopment, and capability development in the domestic energy sector.
Also known as TI.
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.
