Develop a competitive and conducive investment environment for our investors.
Malaysia Petroleum Management (MPM)
MPM has been the governing body for Malaysia’s petroleum development since PETRONAS’ establishment in 1974.
Through MPM, we provide stewardship throughout the lifecycle of upstream petroleum activities in the country via collaborations with industry players and various stakeholders to optimise efficiency and create a strong ecosystem towards the development of a safe and sustainable industry. Thanks to effective partnerships with our Petroleum Arrangement Contractors (PACs), we have been successful in maximising the long-term value from Malaysia's hydrocarbon resources.
We continue to develop a competitive and conducive investment environment for our investors by offering progressive fiscal terms whilst ensuring optimum production is achieved in a prudent and safe manner for people, facilities and the environment.
To achieve our Net Zero Carbon Emissions 2050 (NZCE 2050) aspirations through MPM, we will apply for country-level carbon dioxide (CO₂) emissions allowance in the planning process of high CO₂ field development.