PETRONAS Partnership Poised to Unlock Malay Basin's Full Potential

PETRONAS and Beicip Franlab Asia have launched a groundbreaking Integrated Basin Study in the Malay Basin, located off Malaysia's west coast, through their collaborative entity, MPM. This pioneering project uses advanced 4D modeling techniques and machine learning algorithms to analyze subsurface structures, both at a basin-wide and reservoir-specific level, in search of untapped hydrocarbon reserves. By utilizing extensive regional datasets, the study aims to uncover patterns of hydrocarbon migration and entrapment within the complex geology of the Malay Basin.

The Malay Basin has earned its status as a major oil-rich "super basin," having produced over nine billion barrels of extractable resources since the 1970s. Ongoing exploration efforts continue to reveal significant new discoveries, highlighting the basin’s continued potential for hydrocarbon extraction. In addition to its hydrocarbon resources, the basin offers promising prospects for carbon capture and storage, positioning it as a leader in the quest for sustainable energy solutions.

Azmir Zamri, Senior General Manager at MPM, challenges the traditional view of the basin’s maturity by pointing out recent discoveries like Bunga Aster and Bekok Deep, which illustrate the untapped potential yet to be explored. With the collaboration with Beicip Franlab Asia on the Integrated Basin Study and the use of AI-powered insights from Earth Science Analytics, MPM aims to transform possibilities in this dynamic region and unlock new opportunities.

As a committed partner of PETRONAS, MPM continues to focus on providing a reliable and sustainable energy supply chain management solution, drawing on its expertise in petroleum operations and overseeing upstream activities within Malaysia's extensive hydrocarbon reserves.