Prime Minister Anwar Ibrahim has expressed hope that the clean hydrogen energy and decarbonisation collaboration project between Sarawak Economic Development Corporation Energy (SEDCE), Petroleum Sarawak Berhad (Petros) and a Japanese consortium could be facilitated by May.

Petros, Petronas subsidiary CCS Ventures Sdn Bhd and Japanese consortium parties, comprising Japan Petroleum Exploration Co Ltd, JGC Holdings Corporation and Kawasaki Kisen Kaisha Ltd, signed a storage site agreement (SSA) for the M3 depleted field offshore Sarawak, Malaysia, on Feb 26, 2024.

The SSA not only enables the feasibility studies of the CO2 storage...