Malaysia’s oil and gas firm Petroliam Nasional Berhad (Petronas), through Malaysia Petroleum Management (MPM), has formalized Memoranda of Understanding (MoUs) for digital infrastructure expansion to boost Malaysia’s exploration and production (E&P) investment.

Petronas said in a statement on last Wednesday that 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 MoUs reflect Petronas’s commitment to global collaboration and forward-looking innovation to enhance Malaysia’s positioning as a high-value, agile and investment friendly upstream environment.

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.

“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,” said Bacho Pilong, Senior Vice President of MPM.

He added that these partnerships are also about reshaping the way the firm works, unlocking new value through technology, enabling better investment decisions and strengthening Malaysia’s appeal to global energy players.

Petronas also 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.

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