Petronas, Shell collaborate on carbon capture and storage solutions

KUALA LUMPUR: Petronas has signed a joint study and collaboration agreement (JSCA) with Sarawak Shell Bhd (Shell) to explore opportunities and project collaborations in carbon capture and storage (CCS) to help provide carbon dioxide (CO2) storage solutions in Malaysia and the region.

Under the JSCA, the two companies will perform an integrated CCS Area Development Plan study to support the decarbonisation ambitions of both parties within selected locations offshore Sarawak.