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petronas-and-shell-ink-ccs-deal
petronas-and-shell-ink-ccs-deal

Petronas and Shell ink CCS deal

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Petronas has joined forced with Sarawak Shell Behad (Shell) to explore carbon capture and storage (CCS) collaboration opportunities in Malaysia and the wider southeast Asia region.

Formalised on Tuesday (Jan 11th) with a joint study and collaboration agreement (JSCA), the effort will see the duo deliver an integrated CCS area development plan to deliver on decarbonisation ambitions.

Once complete, the study will help assess potential areas for collaboration.

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