Malaysia Petroleum Management (MPM) is entrusted to act for and on behalf of PETRONAS in the overall management of Malaysia's petroleum resources throughout the lifecycle of upstream oil and gas assets. MPM is the governing body for the country's petroleum development since PETRONAS was established in 1974.
MPM's strengths as a REGULATOR with a commercial mindset and integrated market-to-customer approach are further complemented by its access to a deep pool of institutionalised expertise both in the upstream and downstream segments of the oil and gas business. MPM’s structure and position within PETRONAS allows for independent and timely decision making. The combination of associated technical skills and global experience allows MPM to be the SHAPER and ENABLER of the Malaysia Upstream Industry whilst being responsive to the needs of investors.
MPM is organised to provide effective supervision throughout the life of upstream assets, from managing investors' entry, to planning and executing exploration, development, production and abandonment activities.
MPM’s Scope Includes