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

    Seplat Energy earns CIPS Procurement Excellence Standard Certificate 

    IEA says it stands ready to tap emergency oil stocks, OPEC sees no need

    US EPA proposes higher biofuel blending volumes through 2027

    Comments are closed.

    E-book
    Resilience Exhibition

    Latest News

    FG reiterates commitment to port automation

    June 14, 2025

    Seplat Energy earns CIPS Procurement Excellence Standard Certificate 

    June 14, 2025

    Meta signs deal for advanced geothermal power in New Mexico

    June 14, 2025

    IEA says it stands ready to tap emergency oil stocks, OPEC sees no need

    June 14, 2025

    China solar industry to address overcapacity challenge but turnaround far off, experts say

    June 14, 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.