Who We Are

About Us

TIS Petroleum (Asia) Pte Ltd

Started as a physical crude oil and petroleum products trading company, TIS Petroleum (Asia) Pte Ltd has been committed to delivering and supplying hydrocarbons to National Oil Companies (NOCs) and Oil Majors around the region through safe, on-time, and to specification delivery.

TIS Petroleum (Asia) is active in trading crude oil across Southeast Asia and the Middle East, making it widely recognized by major oil companies such as Exxon, Shell, and national oil companies like Pertamina, Petroleum Brunei, Petronas, and PTT. TIS Petroleum strives to maintain its competitiveness as a trading company and trusted partner in delivering crude oil to its customers.

We provide full-cycle services between buyers and sellers to ensure the best service for our customers. We ensure that our customers are satisfied with the delivery service our business provides, saving them extra costs and invaluable time.

Major Grade

We provide Indonesian Crude Oil & Condensate, Malaysian Crude Oil, Brunei Crude Oil, Vietnamese Crude Oil, West African Product Supply (Ivory Coast, Nigeria), WTI Midland, and EF45.

Our Vision

To be a global leader in the energy sector, driving sustainable progress through responsible oil and gas exploration, dynamic energy trading, and steadfast support for the transition to environmentally friendly energy solutions.

Our Mission

Our mission is to excel in oil and gas exploration and production, leveraging our expertise to meet global energy demands while adhering to the highest standards of environmental stewardship and social responsibility. Through innovative energy trading practices, we aim to optimize resource allocation and foster economic growth. Additionally, we are committed to actively promoting and
investing in the development and adoption of renewable and clean energy technologies, thus playing a pivotal role in shaping a more sustainable future for generations to come.

Our History

2013 – Trading

Suppy of Crude Oil and Petroleum Products

2013 – Upstream

Enter Upstream Exploration and production (E&P)

2019 – Operatorship

Participate in Block Blora PSC

2022 – Plan Of Development (POD) Approval
2023 – RBG Block I Gas Field On-Stream

Our People

Timothy Siow

Finance Director

Daniel Wijaya

Crude Trading Director

Tumbur Parlindungan

Upstream Director

Ivan T Handojo

Business Dev. Director

Monsicha Sasithron

Operation Director

Our Team

With more than 50 years of combined experience, our team is equipped with the requisite skills and professional expertise. Our group cumulative experience has traded in excess of 100 million barrels of oil, drilled more than 100 wells, and operated leading oil and gas blocks with production ranging from 1,000 to 20,000 Barrels Per Day (B/D). TIS Petroleum is confident in the core skill sets of the team.

Code of Ethics

All employees must conduct themselves in an ethical manner by, among others:

  • Conducting business fairly with high moral integrity;
  • Applying the highest ethical standards at all time;
  • Understanding and following the Company’s ethics and Good Corporate Governance policies.

Business Partners Code of Conduct


All employees are expected to conduct themselves professionally at all times, this includes behavior towards superior, colleagues, clients, stakeholders and other parties with respect, maintaining a neat and appropriate appearance, and acting in a manner that reflects positively on the organization.


All employees must respect the confidentiality of sensitive information they have access to during their employment, this includes, but is not limited to, company data, financial information, intellectual property, etc. Any authorized disclosure or use of confidential information is strictly prohibited.

Conflict of Interest

Employees should avoid situations that create a conflict of interest between their personal interests and the interests of the organization. If a conflict arises, employees must disclose it promptly to their supervisor or the appropriate department