Petrokon Utama

Name

Petrokon Utama

Legal name

PETROKON UTAMA SENDIRIAN BERHAD

Website

https://petrokon.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Bandar Seri Begawan

HQ country

Brunei

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Engineering Design Services: Providing end-to-end engineering design and drafting services ranging from Feasibility Studies, Basis of Design, Conceptual Design, Detailed Design, Work Pack Job Carding, As Built Engineering, and Maintenance Engineering for oil and gas, petrochemical, and infrastructure projects.
2. Project Management Services: Project management and construction management services including planning/scheduling, progress monitoring, budget preparation, cost control, contract administration, and commissioning support.
3. Maintenance Engineering Services: Integrated maintenance services contracting, plant inspection contracting, Scheduled Turn Around (STA) contract and project management, review/update of maintenance procedures, work packs and jobcarding.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Petrokon Utama is a multi-discipline engineering consultancy that delivers end-to-end design engineering and project management services for the oil and gas, petrochemical, and infrastructure industries. Its service portfolio spans Front End Engineering, Process, Pipeline, Mechanical, Electrical, PACO, Civil & Structural, and Technical Safety & Risk Engineering, supported by Project Management, Construction Management, and Maintenance Engineering offerings. It primarily serves major energy operators through contract-based professional services engagements delivered from offices across Brunei, Malaysia, India, the Philippines, and the UAE.

Product overview

PETROKON Utama Sendirian Berhad is a multi-discipline engineering consultancy providing design engineering and project management services to the oil and gas, petrochemical, and infrastructure industries. The company operates as a unified consultancy with multiple integrated engineering disciplines that work together on projects. The service portfolio includes eleven core engineering and management services: Front End Engineering, Process Engineering, Pipeline Engineering, Mechanical Engineering, Electrical Engineering, Automation Control & Optimisation (PACO), Civil & Structural Engineering, Technical Safety & Risk Engineering, Construction Management, Project Management, and Maintenance Engineering. These services are delivered through end-to-end project phases from feasibility studies through detailed design, work pack job carding, as-built engineering, and maintenance engineering. The company also employs a proprietary Q-PAKAT System as a proactive quality intervention tool to improve quality culture and awareness across all engineering projects.

Differentiator

Problem solved

Functional benefit

Products and services

• Front End Engineering Front End Engineering service covering opportunity identification, field development, feasibility studies, and Basis for Design documentation for upstream and downstream oil and gas, petrochemical, and industrial projects.
• Process Engineering Engineering discipline service for process design and optimization in oil and gas facilities.
• Pipeline Engineering Specialized engineering service for pipeline design and infrastructure development.
• Mechanical Engineering Engineering discipline service covering mechanical design and equipment specifications for oil and gas facilities.
• Electrical Engineering Engineering service for electrical systems design including power distribution, lighting, and electrical infrastructure.
• Automation, Control and Optimisation (PACO) Engineering Engineering service for process automation, control systems, and operational optimization solutions.
• Civil and Structural Engineering Engineering discipline service for civil and structural design of oil and gas facilities.
• Technical Safety and Risk Engineering Engineering service focused on technical safety studies, risk assessment, and hazard analysis.
• Construction Management Service covering construction execution planning, progress monitoring, constructability review, and commissioning coordination.
• Project Management Comprehensive project management service including planning, scheduling, budget control, cost engineering, and contract administration.
• Maintenance Engineering Integrated maintenance services including plant inspection, scheduled turnaround management, work pack preparation, and quality control for maintenance operations.

Quantifiable outcome

• 10 million man-hours without any lost time injury (LTI) achieved December 2020
• +2 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Universiti Teknologi Brunei (UTB)coreStrategic or Co-development Partner · 21 September 2022MoU renewal in September 2022 extending collaboration to include UTB School of Business and UTB School of Computing and Informatics. Previous collaboration included joint supervision of UTB Final Year Projects, PUSB as award sponsor for UTB Excellence Awards, industrial talks, engineering curriculum advisory through Industry Advisory Board, and student internships.
• Politeknik Brunei (PB)minorStrategic or Co-development Partner · 1 November 2020Partnership through corporate sponsorship of Best Final Year Project Award to students of Politeknik Brunei during Excellence Award Ceremony and Convocation Ceremony. Part of realizing Wawasan 2035 for educated and highly skilled people in Brunei.
• Brunei Shell Petroleum Co. Sdn BhdcoreStrategic or Co-development Partner · 13 August 2020Apprenticeship Program collaboration signed on 13th August 2020. Four trainees selected as first apprentices in program aimed at minimizing skill gaps among Bruneian graduates. Apprentices undergo on-the-job training with exposure to real work experience and projects.
• Sarawak Shell BerhadcoreStrategic or Co-development Partner · 6 October 20195+1 year contract awarded on 6th October 2019 for Provision of Design Engineering Services via the Miri Design Office (MDO), extendable up to 2024. The contract provides extensive local employment opportunities and 'Work Share' ties across PETROKON offices between Brunei and Miri.
• Sabah Shell Petroleum Company LimitedcoreStrategic or Co-development Partner · 6 October 2019Joint contract with Sarawak Shell Berhad for Provision of Design Engineering Services via the Miri Design Office. Part of the same 5+1 year contract awarded in October 2019.

Scale indicators5 records

Recent moves13 records

Expansion highlights5 records

Broad incumbents

• Worley Limited: Global energy, chemicals, and resources engineering consultancy and EPC contractor. Directly comparable as a multi-discipline oil and gas design engineering and project management firm, but with vastly larger scale and global footprint than Petrokon.
• Saipem S.p.A. Italian engineering and construction company specializing in oil and gas, with strong presence in Southeast Asia and Middle East. Comparable in offshore engineering design and pipeline services for IOC clients in the same regional footprint as Petrokon.
• Technip Energies: Global engineering and technology company for energy infrastructure, including oil and gas, LNG, petrochemicals, and emerging energy transition projects. Overlapping service lines in process, pipeline, and project management for similar upstream/downstream clients.
• Wood Group (John Wood Group): UK-based energy consulting and engineering services firm serving upstream, midstream, and downstream oil and gas. Comparable in service scope (engineering, project management, maintenance) but operates globally with thousands of engineers versus Petrokon's sub-250 headcount.
• Fluor Corporation: Global engineering and construction firm serving oil and gas, petrochemicals, and infrastructure clients worldwide. Comparable multi-discipline service offering but at vastly larger scale; competes for the same upstream/downstream design and PMC contracts.
• Petrofac Limited: Integrated energy services company delivering engineering, procurement, construction, and operations services for oil and gas operators. Comparable in design engineering and project management for IOC clients across Asia and the Middle East, including work for Shell group.
• Bechtel Corporation: Global engineering, construction, and project management firm active across LNG, refining, and pipeline infrastructure. Comparable in process, mechanical, and pipeline engineering delivery, but operates at EPC mega-project scale far beyond Petrokon's capacity.

Direct peers

• HSS Engineers Berhad: Malaysian engineering consultancy providing design engineering, project management, and construction supervision services to oil and gas, infrastructure, and power sectors. Directly comparable regional peer with overlapping client base in Shell Malaysia operations.
• Ranhill Engineers Sdn Bhd: Malaysian engineering and energy services firm with oil and gas, power, and infrastructure design engineering capabilities. Comparable as a regional engineering consultancy serving Malaysian O&G operators and competing for similar design services scopes.

Regional players

• Chiyoda Corporation: Japanese engineering and EPC contractor with extensive LNG and petrochemical experience across Asia. Comparable process, pipeline, and safety engineering delivery, with strong Brunei/Southeast Asia project references through LNG ventures.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/petrokon-utama-sdn-bhd

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Petrokon Utama