Koperasi Tenaga dan Petroliam Berhad KTP shall support the member’s welfare, networking, entrepreneurship, business and investment. Individuals from the Energy and Oil & Gas sectors coming together as a community on a single platform to pursue common interests in business and entrepreneurship.
The oil & gas industry works to global standards. Therefore, the community whether as working individuals, entrepreneurs or business entities, have accumulated a wide range of globally relevant expertise, experience and capability.
Even though the industry has associations championing industry issues, they are limited to being the voice for KTP members, and not able to be involved in business.
Towards the middle of 2018, an idea was mooted, to create a business platform to empower the potential of the oil & gas community, for the benefit of the community.
Also during this period, the government has embarked on an agenda, under the Ministry of Entrepreneur Development, to make Malaysia a nation of entrepreneurs. And one of the focus business platform for entrepreneurship is the COOPERATIVE or KOPERASI.
In response to this national aspiration, the Koperasi Tenaga dan Petroliam Berhad was formed under rules and regulations set by the Suruhanjaya Koperasi Malaysia (SKM).