Petronas, TotalEnergies & Mitsui Sign JVA To Develop Carbon Storage Areas In Southern Hub

KUALA LUMPUR, Oct 23 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) wholly owned subsidiary, Petronas CCS Ventures Sdn Bhd (PCCSV), TotalEnergies EP CCS Malaysia and Mitsui & Co Ltd have signed a joint venture agreement (JVA) to develop the CO2 storage areas offshore Peninsular Malaysia, a key component of Malaysia's Southern Carbon Capture and Storage (CCS) Hub.