Malaysia Petroleum Management’s (MPM) partnership with Earth Science Analytics (ESA) will focus on developing AI-driven subsurface workflows. Credit: Petronas.

Petronas, through its division MPM, has announced a strategic partnership with ESA and Amazon Web Services (AWS) to advance the use of AI and machine learning (ML) technologies in Malaysia’s oil and gas sector.

The collaboration aims to accelerate exploration efforts in the Malay Basin and improve the data capabilities of the Petronas myPROdata platform.

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MPM senior vice-president Datuk Ir. Bacho Pilong said: “These collaborations are pivotal in reinforcing Petronas’ commitment to innovation as we gear up for Malaysia Bid Round (MBR) 2025.

“By leveraging advanced AI and ML capabilities, we aim to empower our investors and Petroleum Arrangement Contractors with richer data insights and more streamlined processes, driving smarter decision-making and ensuring a more efficient, impactful bid round for all participants.”

MPM’s partnership with ESA will focus on developing AI-driven subsurface workflows using ESA’s EarthNET platform and Petronas myPROdata.

This initiative is set to boost subsurface data analytics and interpretation, ultimately optimising hydrocarbon exploration in the mature Malay Basin, offshore Peninsular Malaysia.

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The collaboration with AWS will enhance the Petronas myPROdata platform through AI and data analytics.

AWS will assist Petronas in integrating advanced AI and ML functionalities to improve user experience and streamline data management processes.

This enhancement is expected to significantly upgrade operational capabilities, enabling potential investors to make more informed data-driven decisions in Malaysia’s exploration and production sector.

The Malaysia Bid Round (MBR) is an annual event that presents diverse upstream opportunities to investors, including exploration acreages, discovered resource opportunities and late-life producing assets across Malaysia.

The next MBR is scheduled for early 2025 in Kuala Lumpur.

Petronas is dedicated to ensuring a sustainable supply of oil and gas for national energy security while advancing towards low-carbon and low-emission operations.

The company is committed to achieving net-zero emissions by 2050, aligning with global environmental goals.

Last month, Petronas announced a collaboration with energy sector players, government agencies and international organisations to launch the ASEAN Energy Sector Methane Leadership Programme 2.0, aimed at reducing methane emissions in South East Asia.