Petronas takes FID on the 3.3 MtCO₂eq/year Kasawari CCS project in Malaysia

Petronas Carigali, a subsidiary of the Malaysian oil and gas company Petronas, has taken a final investment decision (FID) on its Kasawari carbon capture and storage (CCS) project, which will be located about 200 km off the city of Bintulu, Sarawak (eastern Malaysia). Following the FID, an Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) contract for the project has been awarded to Malaysia Marine and Heavy Engineering (MMHE). The Kasawari CCS project, part of the overall Kasawari Gas Development Project, is the first ever CCS project in Malaysia and is scheduled to start up by the end of 2025. The CCS project is expected to reduce CO₂ emissions from gas flaring by 3.3 MtCO₂eq/year, helping Petronas achieve its Net Zero Carbon Emission (NZCE) by 2050 targets.