Loading...
Loading...
petronas-exxonmobil-join-forces-to-explore-ccs-tech
petronas-exxonmobil-join-forces-to-explore-ccs-tech

Petronas, ExxonMobil join forces to explore CCS tech

0

Malaysian energy giant Petronas is to work with ExxonMobil Exploration and Production Malaysia (ExxonMobil) to explore carbon capture and storage (CCS) technology opportunities offshore Peninsular Malaysia.

The agreement will allow the partners to identify suitable technology for CCS, in addition to seeing the companies sharing technical data to enable carbon dioxide (CO2) storage assessment.

The data can be shared to support the energy transition by evaluating potential reutilisation of existing infrastructure for transport and storage.

Signed as a formal Memorandum of Understanding (MoU), the deal is an effort by Petronas to establish Malaysia as a ‘leading CCS solutions hub’ in Southeast Asia.

... to continue reading you must be subscribed

Subscribe Today

To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.

Please wait...