Country Session 7: Malaysia Bidding Round 2022

PETRONAS has been actively promoting the domestic exploration open blocks, Discovered Resource Opportunities (DRO) and Late Life Assets (LLA) in support of the annual Malaysia Bid Round (MBR) campaign. For MBR 2022, with the theme “Your Advantaged Energy Here” a total of 14 exploration blocks coupled with 15 discovered fields, 6 DRO clusters consisting of 37 DRO and 1 LLA will be made available for bidding. In addition, value-added propositions such as a longer exploration period, drill-ready prospects and new technical findings and datasets will be included in MBR 2022 to entice investors to invest in Malaysia E&P industry. For data accessibility, PETRONAS myPROdata will be used as a one-stop data room for the DRO clusters and LLA while exploration blocks opportunities will continue to utilise the virtual data room platform provided by Zebra Data Sciences. Similar to past bid rounds, PETRONAS continues to provide extensive data coverage with the application of state-of-the-art technology for higher exploration chance of success and well-connected infrastructure for hydrocarbon evacuation enables investors to easily monetise opportunities that drive profitability and growth. Come join us in MBR 2022.