Yinson Production invests in leading direct air capture project developer

KUALA LUMPUR: Yinson Production, the offshore production business unit of Yinson Holdings Bhd, has invested in Carbon Removal AS, a Norway-based company that is a front runner in the development of direct air capture (DAC) projects.

In a statement, the company said the investment signals its serious commitment to developing decarbonisation solutions for the offshore production industry.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Yinson Production , direct air capture , Carbon Removal , carbon , emissions

Next In Business News
Light at the end of the tunnel
Understanding the warrant of distress
Are convention halls still good investments?
Ringgit likely to trade cautiously between RM4.09 and RM4.11 vs US dollar next week
Strong momentum seen for Vietnam equities
Asset managers in risk-on mode
Rising DRAM prices may hit consumers
Asia-Pacific ratings hold firm
HK’s lure for key IPO investors
Fewer stocks spur IPO hunt

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.