Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Malaysia’s Petronas, Shell unit partner to explore carbon capture and storage

    Malaysia’s Petronas, Shell unit partner to explore carbon capture and storage

    January 11, 2022
    Share
    Facebook Twitter LinkedIn WhatsApp

    Kuala Lumpur — Malaysia’s state oil firm Petroliam Nasional Berhad (Petronas) on Tuesday signed an agreement with a subsidiary of Royal Dutch Shell to collaborate on carbon capture and storage (CCS) in the Southeast Asian country and the region.

    Under the Joint Study and Collaboration Agreement, Petronas and Sarawak Shell Berhad will perform an integrated CCS Area Development Plan study within several locations offshore Sarawak, Petronas said in a statement.

    “This is one of the many efforts to position and establish Malaysia as a leading CCS solutions hub in the region,” said Adif Zulkifli, Petronas’ Executive Vice President and Chief Executive Officer of Upstream.

    Petronas said the scope of the agreement includes exploring the provision of decarbonisation service to Shell’s local and cross-border facilities, as well as to other potential regional customers.

    Petronas last year signed a memorandum of understanding (MoU) with ExxonMobil Exploration and Production Malaysia Inc., and another with POSCO International Corporation and POSCO Engineering & Construction Co. Ltd to explore opportunities in CCS technologies.

    – Reuters (Reporting by Mei Mei Chu; Editing by Ed Davies)

    Follow us on twitter

    Related News

    IPMAN raises alarm over Dangote’s free fuel distribution plan

    TotalEnergies enters 40 Chevron-operated US offshore blocks

    OPEC expects solid second-half of 2025 for world economy

    Comments are closed.

    E-book
    Resilience Exhibition

    Latest News

    IPMAN raises alarm over Dangote’s free fuel distribution plan

    June 16, 2025

    TotalEnergies enters 40 Chevron-operated US offshore blocks

    June 16, 2025

    OPEC expects solid second-half of 2025 for world economy

    June 16, 2025

    Crude oil prices climb above $77/b amid Israel-Iran clash

    June 16, 2025

    ‘Ghana has lost $11bn to gold smuggling, links to UAE’

    June 16, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.