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Keywords: MPM
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Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 10–12, 2023
Paper Number: SPE-215444-MS
... Abstract This paper aims to share the key success factors leading to the successful reuse and repurposing of decommissioned structures in Malaysia from the lens of Malaysia’s regulator in the Upstream Oil & Gas sector. PETRONAS via Malaysia Petroleum Management ("MPM") has been vested...
Proceedings Papers
Shahril Ridzauddin Mohd Mokhtar, Norjusni Omar, Siti Rodhiah Fazilah, M. Farris Bakar, Zaidan Khalid
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 29–31, 2019
Paper Number: SPE-196560-MS
... the identified elements that causes such irregular performance. The value leakage from these elements has become a huge concern to Malaysia Petroleum Management (MPM); the regulatory body of PETRONAS. A strategy was required to set up a uniform way to standardize, optimize and improve the efficiency of how...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 29–31, 2019
Paper Number: SPE-196486-MS
... Abstract As resource owner, host authority, project enabler, and industry shaper, PETRONAS Malaysia Petroleum Management (MPM) has embarked on Asset Value Framing (AVF) since 2016 for its key assets in Malaysia. AVF is designed to provide an avenue for all stakeholders to generate opportunities...
Proceedings Papers
Publisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE/IATMI Asia Pacific Oil & Gas Conference and Exhibition, October 17–19, 2017
Paper Number: SPE-186938-MS
... was not encouraging as it was averaging at about 60%. This has become a huge concern to Malaysia Petroleum Management (MPM), the regulatory body of PETRONAS as 40% of investment spent to restore these idle wells did not yield the production gain that it was targeted. MPM sees this as value leakage that needs...
