Kuala Lumpur, Malaysia, 17th December 2024 – Beicip-Franlab Asia (BFA), a leading provider of innovative upstream solutions, is proud to announce the signing of a Memorandum of Understanding (MOU) with PETRONAS Carigali Sdn Bhd (PETRONAS Carigali) and PETRONAS Carigali International Ventures Sdn Bhd (PETRONAS Carigali International Ventures), subsidiaries of Malaysia’s premier oil and gas multinational, Petroliam Nasional Berhad (PETRONAS). This strategic partnership aims to drive technological excellence in upstream projects in Malaysia and on a global scale.
This partnership reaffirms BFA’s steadfast commitment to delivering world-class solutions to the oil and gas industry. Drawing on its extensive experience in energy solutions, BFA will collaborate with PETRONAS Carigali and PETRONAS Carigali International Ventures to advance innovative exploration, development, and production initiatives. The collaboration will focus on optimising resource recovery, implementing advanced technologies, and fostering capability building, while creating sustainable value in key markets.
BFA has established itself as a trusted provider of bespoke solutions for the oil and gas sector, offering cutting-edge services in subsurface analysis and resource management.
The MOU outlines collaboration in several strategic areas, including exploration basin studies, unconventional resources studies, carbon capture and storage (CCS), capability building, and complex reservoir systems.
The signing ceremony, held at the Four Seasons Hotel Kuala Lumpur, was attended by senior executives from both organisations, underscoring the significance of this collaboration and its potential to redefine upstream innovation.
This collaboration represents a significant milestone for BFA, and both PETRONAS entities. It reflects a shared vision for innovation, sustainability, and excellence in the energy sector, laying the groundwork for transformative advancements in upstream operations.