Parties who are interested to participate as vendors providing services and product for upstream projects and activities in Malaysia are required to be licensed with PETRONAS. License for vendors are available for both local and foreign companies, with two types of application (license or registration). Specifically, licenses are for the upstream and downstream sectors while registration applies only for the downstream sector. Recently, PETRONAS adopted a digital procurement system with the implementation of a Unified Procurement Platform for PETRONAS vendors that allows more accessibility and incorporates current technological advancements.
PETRONAS Tenders & Contractors Administrative Manual (PTCAM)
PTCAM is a procurement manual issued for PA Contractors' reference pertaining to all procurement activities related to upstream projects and activities. Established since 2016, PTCAM is strictly for Petroleum Arrangement Contractors’ use to ensure compliance through the Multiparty Negotiation (MPN) form.