Petronas subsidiary PC North Madura II has committed to develop the Hidayah oil field in the North Madura II contract area offshore East Java, Indonesia.
The plan calls for an unmanned integrated wellhead and central processing platform, and a floating storage and offloading (FSO) unit with living quarters and a central control room.
Offshore Peninsular Malaysia, Beicip Franlab Asia is collaborating with Petronas, via Malaysia Petroleum Management (MPM), on a new study to explore unharnessed energy resources in the Malay basin.
The project is employing 4D modeling and machine learning to analyze the subsurface at both basin and reservoir scales. Another focus is on predicting hydrocarbon migration and entrapment by drawing on available data from the Malay basin, which has produced more than 9 Bboe since the 1970s.
Recent exploration has led to further potentially significant new discoveries. The basin also offers opportunities for carbon capture and storage (CCS), Petronas added.
“The Malay basin, often regarded as mature, still holds significant untapped potential, as demonstrated by discoveries such as Bunga Aster and Bekok Deep," said Azmir Samri, senior general manager Resource Exploration at MPM. “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.”
