KUALA LUMPUR: Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), has partnered with Earth Science Analytics (ESA) and Amazon Web Services (AWS) to use artificial intelligence (AI) and machine learning (ML) to boost exploration in the Malay Basin and enhance Petronas'myPROdata platform.
Petronas said in a statement, the web-based platform provides subscribers access to Malaysia's exploration and production (E&P) data.
MPM will be partnering with ESA to explore cutting-edge AI and ML geoscience technology.
This initiative will focus on developing AI-driven subsurface workflows using ESA's EarthNET platform and PetronasmyPROdata to boost subsurface data analytics and interpretation, leading to optimisation of hydrocarbon exploration in the mature Malay Basin, offshore Peninsular Malaysia.
According to Petronas, the partnership established with AWS is a collaboration to enhance Petronas myPRODATA platformthrough AI and data analytics.
AWS will work with Petronas to implement advanced AI and ML functionalities, improving user experience and streamlining data management processes.
The integration of this advanced AI and ML tool will significantly enhance the operational capabilities of PetronasmyPROdata platform, enabling potential investors to make better data-driven decisions in Malaysia's E&P sector.
MPM senior vice president Datuk Ir. Bacho Pilong said these collaborations are pivotal in reinforcing Petronas' commitment to innovation as it gear up for Malaysia Bid Round (MBR) 2025.
"By leveraging advanced AI and ML capabilities, we aim to empower our investors and Petroleum Arrangement Contractors (PACs) with richer data insights and more streamlined processes, drivingsmarter decision-making and ensuring a more efficient, impactful bid round for all participants," he said in a statement today.
The MBR is an annual licensing round offering diverse upstream opportunities to potential investors and it includes exploration acreages, discovered resource opportunities and late life producing assets across Malaysia.
The next MBR 2025 is scheduled to be held early 2025 in Kuala Lumpur.
Petronas said it is committed to ensuring optimal and sustainable supply of oil and gas for the nation's energy security, while pursuing deliberate efforts towards achieving low-carbon and low-emission operations.
This is in line with its goal of achieving net-zero emission by 2050.