Petros in partnership with Posco to develop CCS business in Sarawak


PETALING JAYA: Petroleum Sarawak Bhd (Petros) has teamed up with South Korea’s Posco Group to collaborate on the development of the carbon capture and storage (CCS) business in Sarawak.

State-owned Petros, which is the resource manager for the CCS business in Sarawak, inked a memorandum of understanding (MoU) with Posco Holdings, Posco International and Posco Engineering & Construction Co Ltd (Posco E&C) in Kuching yesterday witnessed by Sarawak Premier Tan Sri Abang Johari Tun Openg.

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