The wax present in petroleum sludge, generated by the refinery and at the crude production sites, consists of paraffin hydrocarbons (C18 -C36) known as paraffin wax and naphthenic hydrocarbons (C30 -C60). The present study is aimed at the recovery of wax from the petroleum oily sludge by microwave assisted solvent extraction using Toluene/MEK mixture and subsequently de-crystallizing the wax. The process variables affecting the microwave assisted solvent extraction is optimized for recovery of wax. The simultaneous effects of process variables such as irradiation time (2 -10 minutes), solvent to sludge ratio (40 -80wt %), reactant volume (100-300ml) and microwave power (80-400W) on the recovery of wax were evaluated. A central composite design and response surface methodology were used for the optimization of the extraction process. Based on the central composite design, quadratic models were developed to correlate the extraction process variables with the responses and the models were analysed using appropriate statistical methods for analysis of variance. Optimization of process variables shows the maximum recovery of wax was about 79.57 % at 300 ml of reactant volume with microwave power output of 400 W at 7.6 minutes of retention time with 56.56 % of Toluene/MEK to sludge ratio.