PETRONAS inks digital partnerships to enhance E&P competitiveness
KUALA LUMPUR: PETRONAS, through Malaysia Petroleum Management (MPM), has formalised memoranda of understanding (MoUs) at Energy Asia 2025, reflecting the group's commitment to global collaboration 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.
In a statement, PETRONAS said 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 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.
"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 said it 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.
……Read full article on The Star Online - Business
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