Petronas, Shell Exploring Offshore Carbon Capture And Storage in Malaysia

The scope of the agreement includes exploring the provision of decarbonization service to Shell’s local and cross-border facilities, as well as to other potential regional customers.

Last November, Petronas also signed a Memorandum of Understanding with  ExxonMobil Exploration and Production Malaysia Inc.

In December, it signed an MoU with POSCO International Corporation and POSCO Engineering & Construction Co.

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