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PETRONAS - About the company

PETRONAS is a funded company based in Kuala Lumpur (Malaysia), founded in 1974 by Wan Jasonsus, Abdul Rahman Ya'kub, Abdul Taib Mahmud and Tengku Razaleigh Hamzah. It operates as a Provider of integrated solutions across the energy value chain globally. PETRONAS has raised an undisclosed amount in funding. The company has 1504 active competitors, including 117 funded and 597 that have exited. Its top competitors include companies like Petrobras, Tourmaline Oil and Devon Energy.

Company Details

Provider of integrated solutions across the energy value chain globally. The company operates core businesses to meet energy demands and contribute to a better tomorrow. It focuses on decarbonisation solutions through carbon capture and storage initiatives. The company strengthens its business foundation to pursue its energy transition strategy. It delivers impact in education, community well-being and the environment.
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Email ID
*****@petronas.com
Phone Number
+60 **********
Key Metrics
Founded Year
1974
Location
Kuala Lumpur, Malaysia
Stage
Funding Raised
Ranked
Employee Count
40,111 as on Apr 30, 2026
Investment & Acquisitions
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PETRONAS's funding and investors

PETRONAS has raised funding over 1 round.

Here is the list of recent funding rounds of PETRONAS:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 23, 2021
9940314
Conventional Debt
8786387
8366311
8792836
2098634
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PETRONAS's founders and board of directors

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Here are the details of PETRONAS's key team members:

PETRONAS's employee count trend

PETRONAS has 40,111 employees as of Apr 26. Here is PETRONAS's employee count trend over the years:
Employee count trend for PETRONAS
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PETRONAS's Competitors and alternates

Top competitors of PETRONAS include Petrobras, Tourmaline Oil and Devon Energy. Here is the list of Top 10 competitors of PETRONAS, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Petrobras
Petrobras
1953, Rio de Janeiro (Brazil), Public
Provider of oil and gas exploration services
-
74/100
2nd
Logo for Tourmaline Oil
Tourmaline Oil
2008, Calgary (Canada), Public
Oil & gas exploration and production company
$484M
-
72/100
3rd
Logo for Devon Energy
Devon Energy
1971, Oklahoma City (United States), Public
Exploration and Production company
$3.78B
69/100
4th
Logo for OMV Group
OMV Group
1956, Vienna (Austria), Acquired
Provider of oil & gas exploration and production services
-
69/100
5th
Logo for Hess
Hess
1993, New York City (United States), Acquired
Exploration and production of crude oil and natural gas
-
67/100
6th
Logo for Kosmos Energy
Kosmos Energy
2003, Dallas (United States), Public
Provider of exploration and production services to oil and gas sector
$1.05B
67/100
7th
Logo for MEG Energy
MEG Energy
1999, Calgary (Canada), Acquired
Exploration and Development Company Focused on Oil Sands in Alberta
$54.4M
66/100
8th
Logo for PGNiG
PGNiG
1982, Warsaw (Poland), Acquired
State-controlled exploration of oil and gas company
-
66/100
9th
Logo for NOVATEK
NOVATEK
1994, Moscow (Russia), Public
Provider of oil and gas exploration, production and other services
-
65/100
10th
Logo for Antero Resources
Antero Resources
2002, Denver (United States), Public
Independent oil and gas exploration and production company
$71.8M
65/100
64th
Logo for PETRONAS
PETRONAS
1974, Kuala Lumpur (Malaysia), Funding Raised
Provider of integrated solutions across the energy value chain globally
-
-
53/100
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PETRONAS's Investments and acquisitions

PETRONAS has made 9 investments in companies including Log9 and Aerodyne. PETRONAS has also acquired 6 companies including Perstorp and BRB International.
Here is the list of investments & acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jan 23, 2023
Investments
2015
Bengaluru (India)
Sep 08, 2022
Investments
2014
Cyberjaya (Malaysia)
Aug 26, 2022
Investments
2015
Bengaluru (India)
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News related to PETRONAS

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Media has covered PETRONAS for a total of 158 events in the last 1 year, 88 of them have been about company updates and 19 about partnerships.
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FAQs about PETRONAS

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