CCS Companies (IV): PETRONAS (Malaysia)

In the latest edition of GCCSI's 'State of the Art: CCS Technologies 2024', I noticed PETRONAS—the national oil company of Malaysia—featured for its 'Membrane Contactor' technology. The Membrane Contactor is a natural gas decarbonization technology based on polytetrafluoroethylene (PTFE) hollow-fiber membrane contactors, jointly developed by PETRONAS and the Dalian Institute of Chemical Physics. This technology has successfully completed industrial-scale trials at a PETRONAS natural gas processing plant and met contractual requirements. PETRONAS is also actively advancing its CCS development efforts! #About PETRONAS As Malaysia’s national petroleum company, PETRONAS is playing a pivotal role in transitioning toward a low-carbon future under the leadership of CEO Tengku Muhammad Taufik. According to PETRONAS’s official documents, the Group is committed to achieving net-zero carbon emissions by 2050—a commitment reaffirmed in its 2021 report. Beyond the PTFE hollow-fiber membrane contactor technology for natural gas decarbonization, PETRONAS also focuses on delivering clean energy solutions through its subsidiary Gentari, targeting 30–40 GW of renewable energy capacity by 2030. Internationally, PETRONAS signed a Memorandum of Understanding (MoU) with China Petroleum & Chemical Corporation (Sinopec) to jointly promote growth across the entire energy value chain and explore new industry opportunities. Additionally, PETRONAS plans to reduce and offset hard-to-abate emissions via CCS projects and nature-based climate solutions. CCS Project The project is named the 'Kasawari CCS Project', located offshore Sarawak, Malaysia. It is Malaysia’s first full-scale offshore carbon capture and storage (CCS) project. The project involves capturing and processing CO₂ from sour gas field development, followed by injecting it into depleted gas reservoirs—making it a key enabler of PETRONAS’s 2050 net-zero target. PETRONAS Carigali, PETRONAS’s wholly owned subsidiary, made the Final Investment Decision (FID) for this project in November 2022. Once operational, the Kasawari CCS Project is expected to rank among the world’s largest offshore CCS projects, reducing annually up to 3… tonnes of CO₂ emissions from combustion.

222. South China Sea Hydrocarbon System Analysis: 6. Sarawak Basin

The Sarawak Basin is one of Malaysia’s primary natural gas producing regions. It hosts several large gas fields and serves as a major source of liquefied natural gas (LNG) exports for the Asia-Pacific region. It is also the largest gas province discovered so far within the South China Sea, with proven reserves totaling approximately 14 trillion cubic feet (TCF). • PETRONAS leads hydrocarbon exploration and development in the Sarawak Basin, operating multiple offshore blocks (e.g., SK-series blocks). Several international companies—including Shell, Murphy Oil, and Thailand’s PTTEP—participate in exploration activities under Production Sharing Contracts (PSCs). In 2022, PETRONAS discovered multiple new natural gas accumulations in the basin (e.g., the Sinsing field), further expanding its resource base. Deepwater blocks in this basin have attracted growing international interest. Hydrocarbon resources in the Sarawak Basin are predominantly hosted in Miocene carbonate platform and deltaic sandstone reservoirs, with marine shale source rocks providing abundant hydrocarbon generation (Figure 2).

Petronas, PTT units secure approval for new gas contract in Malaysia-Thailand joint area

Sep 13, 2026

Petronas and PTT subsidiaries secured government approval for a new 35-year production sharing contract for Block A-18-01 in the Malaysia-Thailand Joint Development Area. The deal reinforces natural gas supply stability amidst regional energy security concerns.

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Petronas, PTT units secure approval for new gas contract in Malaysia-Thailand joint area

Petronas, PTT units secure approval for new gas contract in Malaysia-Thailand joint area

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