New basin opportunities in Malaysia attractive to global O&G players, says Petronas upstream business CEO


Dateline 2025-08-11, The Edge Malaysia:

KUALA LUMPUR (Aug 11): Malaysia remains an attractive destination for oil and gas investment, with the governing body managing Malaysia’s upstream oil and gas assets, Petronas’ Malaysia Petroleum Management (MPM), opening several promising basins in the country.

Petronas upstream business executive vice-president and chief executive officer Mohd Jukris Abdul Wahab said promoting basins in Sabah, Sarawak and Langkasuka on the western side of Peninsular Malaysia will continue due to interest from industry players.

“We have attracted major players such as BP and integrated energy company Eni. Eni, in particular, is keen to test geological plays in Malaysia. So exploration activities in Malaysia remain vibrant with many areas yet to be explored,” he said in a briefing for editors on Monday.

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