Petronas, Adnoc and Storegga collaborate on offshore carbon capture and storage in Malaysia

KUALA LUMPUR: Petronas, Adnoc and Storegga today signed a Joint Study and Development Agreement (JSDA) to evaluate the carbon dioxide (CO2) emissions ...

KUALA LUMPUR: Petronas, Adnoc and Storegga today signed a Joint Study and Development Agreement to evaluate the carbon dioxide emissions storage capabilities of saline aquifers and the construction of carbon capture and storage facilities in the Penyu basin, offshore Peninsular Malaysia.

Petronas CCS Solutions Sdn Bhd CEO, Nora’in Md Salleh said, “This agreement with Adnoc and Storegga will potentially allow us to build our capability to develop and de-risk saline aquifers as carbon dioxide storage sites by leveraging on our partners’ expertise Petronas is a member of Malaysia’s National Energy Transition Roadmap Committee, which has identified CCS as one of six energy transition levers to enable the country to beNora’in said that Malaysia is interested in intensifying bilateral economic partnerships withtransportation, renewable energy, logistics, agriculture, food security, environment and infrastructure within the Malaysia-UAE Joint Committee for Cooperation framework.

important tool to responsibly reduce carbon emissions and Adnoc will continue to develop this technology as we work towards our Net Zero by 2045 goal. We are committed to working with trusted global partners like Petronas and Storegga to develop and utilise global carbon management hubs, enabling our customers to reduce their emissions and supporting their decarbonisation goals.”

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