Petronas, Shell collaborate on carbon capture

Petronas upstream executive vice president and chief executive officer Adif Zulkifli (left) and with Shell Malaysia chairman and Upstream Malaysia senior vice president Ivan Tan at the signing of a Joint Study and Collaboration Agreement to explore opportunities and project collaborations in carbon capture and storage, to help provide carbon dioxide storage solutions in Malaysia and the region.

KUALA LUMPUR: Petroliam Nasional Bhd (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.