Generic Hero BannerGeneric Hero Banner
Latest market news

Technip, NPCC to develop Malaysian Kasawari CCS project

  • Market: Emissions
  • 26/04/22

French engineering firm Technip Energies will partner with UAE-based National Petroleum Construction (NPCC) to develop a carbon capture and storage (CCS) project at the Kasawari gas field, offshore Malaysia's Sarawak state.

Malaysian state-owned Petronas' subsidiary Petronas Carigali, which owns the field, has awarded a contract to the firms to develop the Kasawari CCS project, Technip said.

The project is expected to reduce carbon dioxide emissions that are produced by flaring by 3.7mn t/yr and is scheduled to start up by the end of 2025, according to Petronas.

Malaysia has set a goal to achieve net zero carbon emissions by 2050.

Petronas has also partnered with Shell, South Korean firms Posco International and Posco Engineering and Construction and ExxonMobil to explore CCS technology and projects in Malaysia.

Petronas produces about 1.8mn b/d of oil equivalent, is a major LNG exporter and operates about 400,000 b/d of refining capacity. It sees CCS as not only helping to reduce emissions from its oil and gas activities but also potentially enabling more production of blue hydrogen from Malaysia.


Sharelinkedin-sharetwitter-sharefacebook-shareemail-share
Generic Hero Banner

Business intelligence reports

Get concise, trustworthy and unbiased analysis of the latest trends and developments in oil and energy markets. These reports are specially created for decision makers who don’t have time to track markets day-by-day, minute-by-minute.

Learn more