Malaysia's Petros signs agreements to expand Sarawak oil and gas ventures, explore carbon storage
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Malaysia's state-run energy firm, Petroleum Sarawak Berhad (Petros), has signed three agreements to enhance oil and gas exploration and carbon storage. Collaborating with Japan's JOGMEC, Petros will explore onshore oil and gas in Mukah-Balingian. Additionally, partnerships with SC Tubular Solutions Malaysia and SUSTEC will focus on the Adong Kechil West field, while a collaboration with Woodside Energy will evaluate carbon storage feasibility in Central Luconia. Petros aims to unlock new opportunities in exploration and low-carbon development.
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