Artificial Intelligence (AI) seismic interpretation software specialists, Geoteric and global energy group, Petroliam Nasional Berhad (PETRONAS) have announced a landmark agreement for Geoteric AI Faults and AI Horizons technology to help digitize and decarbonize PETRONAS’ Upstream exploration effort in line with the broader company Net Zero Carbon Emissions 2050 pathway.

L-R: Faisal Bakar (PETRONAS Head of Exploration (Malaysia)), Mohd Redhani Abdul Rahman (PETRONAS Vice President of Exploration), Nicola Blanshard (Geoteric) and Ayu Kamaludin (Geoteric)

Geoteric is revolutionizing the way energy companies are operating; significantly reducing subsurface project cycle times and enabling more sustainable exploration, development, and production activities. The collaboration aligns with PETRONAS’ mission to adopt new and innovative ways to ensure energy security while advancing the energy transition.

Nicola Blanshard, CEO, Geoteric commented: “We are extremely proud to be working with PETRONAS on their progressive exploration plans and ESG strategies through the deployment of our industry-leading technology. Geoteric AI Seismic Interpretation software integrates seamlessly with customers’ existing applications, allowing ambitious business plans to be rapidly implemented.”

ENDS