Who we are
A Malaysian energy company, built over five decades
Baskara Energy Berhad explores for and produces oil and gas, delivers LNG to customers across Asia, refines fuels for the Malaysian market and is building a renewable power business.
- Founded
- 1974
- Headquarters
- Kuala Lumpur
- Employees
- 11,400
- Operated assets
- 8
What we stand for
How we work
Four commitments that decide how we run our assets, report our numbers and treat the people around us.
- 01
Safety first, always
No target, deadline or cost saving is worth an injury. Anyone can stop work that is unsafe.
- 02
Numbers we can stand behind
Every figure we publish is reported once, reconciled, and consistent wherever it appears.
- 03
Long-term stewardship
We manage our resources for the next generation of Malaysians, not the next quarter.
- 04
Respect for communities
We consult early with the people who live and work around our operations.
Our history
From one licence to four businesses
- 1974
Incorporated in Kuala Lumpur
Baskara is founded as an exploration company with a single offshore licence.
- 1986
First oil at Arus Teduh
Our first operated field comes on stream offshore Peninsular Malaysia.
- 1994
First gas at Beting Emas
The Beting Emas cluster begins production and becomes the centre of our gas business.
- 2006
Tanjung Kilau ships its first cargo
The first LNG train starts up. The second follows in 2011.
- 2013
Pulau Rentang joins the group
The refinery gives Baskara a direct route to the Malaysian fuels market.
- 2021
Net zero ambition
We commit to net zero operated Scope 1 and 2 emissions by 2050, against a 2019 baseline.
- 2022
Low-carbon business formed
Solar and carbon capture become a fourth business with its own capital allocation.
- 2026
Beting Emas Phase 2 sanctioned
A RM 7.8 billion investment extends our largest gas cluster beyond 2030.
Leadership
Board of Directors
Datuk Nor Hayati Kassim
Independent Non-Executive Chair · since 2021
Former managing partner of a regional law firm, with three decades advising on energy and infrastructure. Chairs the Nomination and Remuneration Committee.
Vanessa Ong
Independent Non-Executive Director · since 2026
Chartered accountant with more than 25 years in audit and corporate finance. Member of the Audit Committee.
Ir. Rajendran Pillai
Senior Independent Director · since 2019
Former chief executive of a national utility. Chairs the Board Safety and Sustainability Committee.
Executive Leadership Team
Iskandar Mahmud
President and Group Chief Executive Officer · since 2022
Joined Baskara as a reservoir engineer in 1996 and has led the upstream and LNG businesses. Sits on the Board as the only executive director.
Chong Wei Lun
Chief Financial Officer · since 2023
Responsible for finance, treasury, tax and investor relations. Previously group treasurer.
Noraini Abdul Latif
Chief Operating Officer · since 2024
Leads operations, engineering and health, safety and environment across all producing assets.
Dr. Anita Selvam
Chief Sustainability Officer · since 2022
Leads the energy transition strategy, emissions reporting and the low-carbon business.
Faizal Hamdi
General Counsel and Company Secretary · since 2020
Oversees legal, compliance and governance, and is secretary to the Board.
Board committee charters and the Board Charter are available under reports and governance.