PETRONAS Partnership Poised to Unlock Malay Basin's Full Potential

KUALA LUMPUR, 7 January 2025 – PETRONAS, through Malaysia Petroleum Management (MPM), in collaboration with Beicip Franlab Asia, has embarked on an Integrated Basin Study to explore untapped resources in the Malay Basin, located off the coast of Peninsular Malaysia.

The study leverages advanced 4D modeling and machine learning technologies to analyse the subsurface architecture at both basin and reservoir scales. It also focuses on predicting hydrocarbon migration and entrapment by harnessing big data from the Malay Basin.

Since the 1970s, the Malay Basin has produced over nine billion barrels of oil equivalent, earning its status as a “super basin”. Recent exploration activities have uncovered significant new discoveries, highlighting the basin’s continued potential. Beyond hydrocarbons, the basin presents substantial opportunities for Carbon Capture and Storage (CCS), positioning it as a key player in sustainable energy development.

Senior General Manager Resource Exploration of MPM, Azmir Zamri said, “The Malay Basin, often regarded as mature, still holds significant untapped potential, as demonstrated by discoveries such as Bunga Aster and Bekok Deep. Through our collaboration with Beicip Franlab Asia on the Integrated Basin Study and our AI-enabled geophysical initiatives with Earth Science Analytics, we aim to redefine what is possible and unlock new opportunities in this prolific region.”

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

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