PETRONAS, through Malaysia Petroleum Management (MPM), has entered into an agreement with Iraya Energies Sdn Bhd (Iraya Energies) to enhance PETRONAS myPROdata by incorporating Agentic AI capabilities. The initiative is intended to give investors and industry players improved insight into Malaysia’s exploration and production data, helping them make more informed investment decisions while strengthening the country’s appeal as an upstream investment destination. The development also supports PETRONAS’ efforts to build a more effective investment ecosystem around Malaysia’s upstream sector.
PETRONAS myPROdata is a web-based platform that provides users with access to essential subsurface and surface data covering exploration blocks, discovered resource opportunities and producing fields in Malaysia. With the planned enhancement, the platform will combine geological, geophysical, engineering and other relevant data with Agentic AI capabilities. These capabilities will be able to autonomously analyse and establish connections between multiple data sources, allowing users to work through complex upstream information more efficiently. The enhanced system is expected to assist users in navigating and analysing available data while deriving insights across different stages of upstream evaluation.
AI-Powered Analysis Across Upstream Opportunities
The enhanced platform will also enable comprehensive end-to-end evaluations of upstream opportunities. This will include the identification of prospective areas, assessment of resources, evaluation of development opportunities and consideration of commercial viability. By bringing these different elements together, PETRONAS myPROdata is being positioned to provide investors and industry players with a more efficient way to assess Malaysia’s upstream opportunities and the information associated with them.
MPM Senior Vice President, Datuk Ir. (Dr) Bacho Pilong, said, “The enhanced PETRONAS myPROdata with Agentic AI capabilities will help investors navigate and assess Malaysia’s upstream opportunities with greater speed and confidence.”
He added, “By bringing together trusted data and AI-powered intelligence, we aim to enable faster and more informed investment decisions, contributing to PETRONAS’ ambition to attract approximately RM50 billion to RM60 billion in annual upstream investments while shortening the journey from discovery to first hydrocarbon from 100 months to 50 months. This will reinforce Malaysia’s position as a competitive and future-ready upstream investment destination.”
Iraya Energies to Lead Programme Integration
Under the agreement, Iraya Energies will take on the role of Consortium Lead Integrator. Its responsibilities will include establishing the technical, commercial and security foundations needed to provide AI-powered insights and support the wider rollout of the programme. The arrangement places Iraya Energies at the centre of the technical and operational integration required for the enhanced PETRONAS myPROdata platform.
The initiative further reflects PETRONAS’ role, through MPM, as the shaper, accelerator and regulator of Malaysia’s upstream industry. By strengthening the investment ecosystem, the programme is designed to support the continued growth and responsible development of the nation’s hydrocarbon resources. The enhanced platform is also aligned with the objective of attracting approximately RM50 billion to RM60 billion in annual upstream investments, while supporting efforts to shorten the journey from discovery to first hydrocarbon from 100 months to 50 months and reinforce Malaysia’s position as a competitive and future-ready upstream investment destination.
