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.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read