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    1. Energy Transition

    Malaysian/Japanese group assessing CO2 project offshore Sarawak

    March 4, 2024
    Petronas CCS Ventures has signed a storage site agreement with Petroleum Sarawak and a Japanese consortium concerning the depleted M3 Field offshore Sarawak.
    Photo 238467618 © Josieelias | Dreamstime.com
    65e625da2ee370001e222afb Ccs

    Offshore staff

    KUALA LUMPUR, Malaysia — Petronas CCS Ventures has signed a storage site agreement (SSA) with Petroleum Sarawak (Petros) and a Japanese consortium concerning the depleted M3 Field offshore Sarawak.

    The SSA covers feasibility studies for CO2 storage sites at the field and planning for an associated development, including transportation pipelines and onshore terminals, and an assessment of the project’s technical and commercial feasibility.

    Japex, JGC Holdings and Kawasaki Kisen Kaisha are the three Japanese participants.

    03.04.2024

    Related

    Courtesy Petronas
    The Kasawari Integrated Offshore High Contaminant project, a CCS project off the coast of Sarawak, is a strategic project that is part of the Petronas Carbon Commitment and GHG emissions reduction efforts. The Petronas CCUS project team is pictured.
    Photo 140212923 © Hyotographics | Dreamstime.com
    Malayisa
    Photo 263835526 © Mohammed Sohail Khan | Dreamstime.com
    Sarawak Malaysia
    (Courtesy Petronas)
    Adif Zulkifli (left), Petronas executive vice president and CEO of Upstream and Ivan Tan (right), Shell Malaysia chairman and senior vice president of Upstream Malaysia.