We are the technology commercialisation arm of PETRONAS.
PETRONAS Technology Ventures Sdn Bhd (PTVSB)
PTVSB was established specifically to focus on the development and commercialisation of oil & gas technologies, as well as undertake technology investment.

Recognising the challenges faced by the energy industry, PTVSB offers technological solutions in meeting business and market requirements that contribute to better business performance and operational excellence.

PTVSB is a wholly-owned subsidiary of PETRONAS Technical Services Sdn Bhd and is the commercialisation arm of PETRONAS.
PTVSB's Purpose
icon-hand-white.svg Provide focus on technology commercialisation.
icon-hand-white.svg Act as the contracting entity with licensees/partners on technology commercialisation.
icon-hand-white.svg Manage and maintain commercialized intellectual property.
Manage post commercialization in ensuring sustainability of commercialization revenue.
Undertake strategic technology investments.
Moving technology-based products from concept to market quickly and efficiently.
Making technology commercialisation a priority anchored to current technology focus.
Portfolio of more than 200 proven technologies in the PETRONAS Technology Catalogue and 3,500 Intellectual Properties.
Company driven by technological innovation   +

1 Fast and nimble
4 Know the market
6 Pushing boundaries
2 Technology as Core
5 Broad portfolio mix
7 Embark in new business frontiers
3 Entrepreneurial passion
PTVSB's Licensees