How has the number of contracts secured by Sabah vendors changed since 2021?

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The number of contracts secured by Sabah vendors has significantly increased since 2021.

The total number of contracts obtained by Sabah-based Oil and Gas Services and Equipment (OGSE) vendors has seen a substantial rise, climbing from 133 in 2021 to 499 in 2025. This growth reflects an expanding local industry participation and capability within the sector. In 2025, a total of 98 Sabah-based OGSE vendors were acknowledged for their expertise and successful track record in securing contracts.
Recognition for Sabah OGSE Vendors

In 2025, 98 OGSE vendors based in Sabah were recognised for their proven capabilities and contract acquisition history. This recognition highlights the increasing strength and depth of the local industry. Among these acknowledged vendors, 47 were receiving such recognition for the first time in 2025, indicating a broadening of opportunities for new participants.
Growth in Contractual Opportunities

The surge in contracts secured by Sabah vendors, from 133 in 2021 to 499 in 2025, signifies a substantial increase in opportunities. This upward trend is a direct outcome of collaborative efforts, including the signing of the Sabah Commercial Collaboration Agreement (CCA) in December 2021. The agreement has facilitated a progression from mere participation to meaningful contract-holdership for Sabah entities.
Broadening Industry Ecosystem

The enhanced performance of Sabah's OGSE vendors is crucial for Malaysia's ongoing competitiveness in the regional and global energy markets. Petronas has been actively strengthening its Vendor Development Programme (VDP) and Vendor Financing Programme (VFP) to nurture local vendors. These initiatives aim to build technically capable, financially resilient, and globally competitive industry players, ensuring Sabah's OGSE ecosystem becomes stronger, more diverse, and future-ready.

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How has the number of contracts secured by Sabah vendors changed since 2021?

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