Thursday 19/06/2025

KUALA LUMPUR, June 19 (Bernama) -- PETRONAS, through Malaysia Petroleum Management (MPM), yesterday formalised Memoranda of Understanding (MoUs) at Energy Asia 2025. These MoUs reflect PETRONAS’ commitment to global collaboration and forward-looking innovation to enhance Malaysia’s positioning as a high-value, agile and investment friendly upstream environment.

The MoUs involve collaborations with Amazon Web Services, SLB, Halliburton, Microsoft, Accenture, Iraya Energies, Rystad Energy Advisory Asia Pacific and S&P Global Commodity Insights.

These partnerships mark a significant step in Malaysia’s upstream digital transformation journey, designed to accelerate investor’s decision-making through advanced technologies focusing on Agentic artificial intelligence and high-performance computing.

Senior Vice President of MPM, Datuk Ir. Bacho Pilong, said, “At PETRONAS, we believe that by embracing digital intelligence and strategic partnerships, we are enhancing Malaysia’s Exploration and Production (“E&P”) competitiveness, creating an investment environment anchored on pace, data-reliability and transparency. We are elevating our web-based E&P data platform, PETRONAS myPROdata to support future Malaysia Bid Rounds.”

He added, “These partnerships are also about reshaping the way we work, unlocking new value through technology, enabling better investment decisions and strengthening Malaysia’s appeal to global energy players.”

PETRONAS remains committed to ensuring an optimal and sustainable energy supply, with MPM playing a pivotal role in managing petroleum arrangements and providing stewardship for upstream petroleum activities in Malaysia.

For more information on investment opportunities in Malaysia, please visit https://www.petronas.com/mpm/.

Issued by
Media Communications
Group Strategic Relations & Communications
PETRONAS

SOURCE: PETRONAS

FOR MORE INFORMATION, PLEASE CONTACT
PETRONAS
Name: Hana Nazsulaeeqa Harun 
Tel: +6010 455 3378
Email: hananazsulaeeqa.haru@petronas.com

--BERNAMA