PETRONAS, Japanese group ink deal


PETALING JAYA: Petroliam Nasional Bhd (PETRONAS) says it has signed a deal with Petroleum Sarawak and a Japanese consortium to explore the feasibility of carbon capture and storage (CCS) at its depleted M3 offshore field in Sarawak, Malaysia.

PETRONAS unit, PETRONAS CCS Ventures, signed the deal with the consortium, which consists of Japan Petroleum Exploration and Kawasaki Kisen Kaisha, among others.

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