There’s a new Oil & Gas company in the country and it goes by the name of Five Petroleum Malaysia. The company was introduced prior to the Covid-19 MCO (Movement Control Order), having received its official license in mid January.
Five petroleum is a Malaysian-based company and set to revolutionize the local petrol industry, like all oil and gas compamies do. Five Petroleum had established its very first gas station, earlier in the month, at the outskirts of the state in Kalumpang, Selangor. The organization already secured a fuel supply contract with the Fortune500 giants Petronas. The fuel distributed by Five Petroleum is known as Ultimaxx.
At its infancy stage, Five Petroleum aims to provide the best fuel, economically and more conveniently. The management team at Five is under the stewardship of the Seng Group, established in 1971. The group supplies and manages distribution to petrol station operators in the country. They also help new operators in constructing new stations.
Moving forward, the brand aspires to give customers a hassle-free fuelling experience by integrating next-generation technology and innovation, via smaller and easier station setup. This move is a productive move to woo smaller operators with lower entry requirements for would-be petrol station operators. Up on the horizon for Five includes a mobile app to enable cashless payment, as well as a reward and loyalty program.