In an era where the battle against climate change has reached a fever pitch, three giants of the energy world have teamed up to make a difference. Malaysia’s state energy titan, Petronas, is joining hands with the Abu Dhabi National Oil Company (ADNOC) and the innovative United Kingdom-based Storegga in a bold move to curb carbon dioxide emissions.
This powerful trio announced on Tuesday that they’ve inked a deal to explore carbon storage solutions deep beneath the earth’s surface in Malaysia. Their mission? To transform the Penyu basin, nestled offshore of Peninsular Malaysia, into a high-tech hub for carbon capture and storage (CCS).
By 2030, the companies aim to snatch a staggering 5 million tonnes of CO2 per year from the atmosphere and lock it away in the vast saline aquifers that Malaysia is blessed with. These deep reservoirs, hidden far below the earth’s surface, could soon be playing a starring role in Southeast Asia’s fight against climate change.
The excitement is palpable as this groundbreaking collaboration is set to kick off later this year. Petronas, ADNOC, and Storegga are not just planning to build CCS facilities—they’re setting the stage for Malaysia to become a regional leader in carbon storage.
This isn’t just about business; it’s about making a lasting impact on our planet. So, watch this space, as these carbon crusaders gear up to tackle one of the biggest challenges of our time.
(Source: Carbon Herald | World Pipelines | Chem Analyst)
