Latest news with #Technical
Borneo Post
3 days ago
- Business
- Borneo Post
Petronas eyes first CO2 injection date by end-2029, early 2030 in Kasawari
(From left) Faizah, Emry and Nur Ain during an exclusive CCUS Media Dialogue today during Energy Asia 2025. KUALA LUMPUR (June 17): The tentative date for the first carbon dioxide (CO2) injections for Petroliam Nasional Bhd's (Petronas) carbon capture and storage (CCUS) projects for the hard-to-abate industries is towards the end of 2029 or early 2030, subjected to the readiness of clients. According to Petronas general manager of carbon capture and storage Nor Ain Md Salleh, this timeline dependent on Petronas' clients or CO2 emitters. 'We won't be able to have it ready earlier for too long, and we await Petronas' emitters, so we need to align it. This is where we are at this conjunction in terms of the target date,' she said this during an exclusive CCUS Media Dialogue today during Energy Asia 2025. To note, Petronas has several CCUS projects with varying levels of maturity, the most advanced one being its M1 storage site in Kasawari offshore Sarawak, where Petronas will focus on storing CO2 coming from the natural gas from the field. 'The rest coming up is actually the three sites that we are developing currently to cater for the storage of the emission coming from other industries that are not oil and gas centric basically. 'We have two in Peninsular Malaysia and one in East Malaysia. Out of the two in Peninsular Malaysia, one is located at the concentrated area of our Malaysia-China Kuantan Industrial Park. 'We are trying to provide a solution for those industries if they can adopt CCS as part of their decarbonisation effort that will contribute towards the reduction and fulfilment of Malaysia national determined contribution as part of the climate effort.' Petronas head of carbon management Emry Hisham Yusoff underscored the importance for Petronas to align themselves with its customers. 'If the customer does not take up its final investment decision (FID) but we do, we become the white elephant, and nobody will use the facilities. So we have to actually, when we do our projects here, especially in Japan, we are also talking to the emitters.' Looking at the CCUS value chain, Nor Ain highlighted that storage held the most potential at the moment. 'For TotalEnergies and Mitsui, we are currently progressing with the storage side. Under the Gated Technical Assurance, we are at Gate 4. Now, we are working towards Gate 5 Investment Decision. 'In terms of the storage side, feasibility, safety and integrity, we have already achieved the maturation level. We are tying up the loose ends basically just to ensure and validate some of the legacy well integrity so that again we can minimise the risk of the leakage and the release of the seal. That is on the progress.' Nor Ain also highlighted Petronas's partnership with Japanese Consortium Parties — Japan Petroleum Exploration Co Ltd (Japex), JGC Holdings Corporation (JGC) and Kawasaki Kisen Kaisha Ltd (K-LINE) — for storage site agreement (SSA) for the M3 depleted field offshore Sarawak, Malaysia, on February 26, 2024. This SSA not only enables the feasibility studies of the CO2 storage sites starting with the M3 depleted field (M3 CCS Project), but also the planning of relevant CO2 storage site development, including onshore terminals and transportation pipelines, as well as assessment of its techno-commercial feasibility. 'Both Mitsui and the Japan consortium collaborations are engaging the emitters over in Japan and bringing them to us as part of the partners' obligation. Japan, in terms of the commitment for the decarbonisation, is much more stringent as compared to us in Malaysia. 'So that is already one of the mitigation that come naturally to us when we are offering them the CCS as one of the option.' Petronas general manager of strategy, planning & commercial, carbon management Faizah Ramlee added that the three storage sites in Malaysia has been selected by the Japanese government under the advanced CCS project as the destination for their CO2 emissions captured in their country. 'We are very pleased to continue that collaboration, and our partners are also on board to secure these emitters or customers that we will be providing solutions for. 'In addition to that, in the spirit of energy superstore, as mentioned by Petronas President last month about us offering beyond just one single product and upholding the integrated nature of our business, we are also working closely with our LNG marketers that is servicing the LNG customers who will be needing the solution for CCS as well. 'That's also the other effort to secure or engage these emitters, not only from Japan but also from South Korea and Singapore.' CCS ccus Energy Asia 2025 Petronas
The Sun
05-06-2025
- Business
- The Sun
Ahmad Zahid hails London visit as bridge to reinforce Malaysia-UK ties
LONDON: Malaysian Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi described his four-day working visit to the United Kingdom which concluded Wednesday as a bridge to strengthen bilateral relations. Ahmad Zahid, who is also Minister of Rural and Regional Development, said the visit, filled with discussions and programmes, differed from previous visits as he had the opportunity to personally witness the commitment of students sponsored by Majlis Amanah Rakyat (MARA) at University College London (UCL) during a session with them. '...we (delegation) saw their commitment not only to acquiring knowledge but also to acting as catalysts for Generation Z and Generation Alpha. When they come here and gain knowledge, then return to Malaysia, they will contribute not only to their professions but to other fields as well, providing motivation especially to Generation Alpha and the millennial generation,' he told a press conference here upon the conclusion of his visit. Additionally, Ahmad Zahid shared that Malaysia's Technical and Vocational Education and Training (TVET) received very positive feedback from the university and students who were excited about the government's game-changing initiatives. '...we are aware of the government's aim to create 60,000 high-tech engineering job opportunities, and we have requested for the Training of Trainers (ToT) programmes to be expedited,' he said. Beyond TVET, the visit also strengthened cooperation in rural development, renewable energy, and climate resilience through Ahmad Zahid's meeting with the UK's Secretary of State for Environment, Food and Rural Affairs, Steve Reed. The meeting also discussed collaboration in rural transformation, disaster management, water security, and investments in green energy, including the reactivation of the ASEAN Power Grid. During the visit, Malaysia also proposed the use of green sukuk for climate financing and efforts to lead the global halal ecosystem through the World Halal Council and a unified halal logo. Both countries also reaffirmed their commitment to enhancing trade relations under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and through private sector cooperation. Through the Malaysia-UK franchise business dialogue held during the visit, Ahmad Zahid expressed hope that it would help Malaysian franchise brands penetrate the UK market by 2026. Ahmad Zahid also expressed confidence that the launch of Visit Malaysia 2026 (VMY2026) in the UK would expand collaboration with UK industry players, including airlines, to attract more UK tourists to Malaysia. Following the conclusion of his UK visit, Ahmad Zahid is leading the Malaysian delegation to the 8th Session of the Global Platform for Disaster Risk Reduction (GPDRR) in Geneva, Switzerland on June 4 and 5.
The Sun
05-06-2025
- Business
- The Sun
Zahid: UK Visit Boosts TVET, Halal, Rural Ties
LONDON: Malaysian Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi described his four-day working visit to the United Kingdom which concluded Wednesday as a bridge to strengthen bilateral relations. Ahmad Zahid, who is also Minister of Rural and Regional Development, said the visit, filled with discussions and programmes, differed from previous visits as he had the opportunity to personally witness the commitment of students sponsored by Majlis Amanah Rakyat (MARA) at University College London (UCL) during a session with them. '...we (delegation) saw their commitment not only to acquiring knowledge but also to acting as catalysts for Generation Z and Generation Alpha. When they come here and gain knowledge, then return to Malaysia, they will contribute not only to their professions but to other fields as well, providing motivation especially to Generation Alpha and the millennial generation,' he told a press conference here upon the conclusion of his visit. Additionally, Ahmad Zahid shared that Malaysia's Technical and Vocational Education and Training (TVET) received very positive feedback from the university and students who were excited about the government's game-changing initiatives. '...we are aware of the government's aim to create 60,000 high-tech engineering job opportunities, and we have requested for the Training of Trainers (ToT) programmes to be expedited,' he said. Beyond TVET, the visit also strengthened cooperation in rural development, renewable energy, and climate resilience through Ahmad Zahid's meeting with the UK's Secretary of State for Environment, Food and Rural Affairs, Steve Reed. The meeting also discussed collaboration in rural transformation, disaster management, water security, and investments in green energy, including the reactivation of the ASEAN Power Grid. During the visit, Malaysia also proposed the use of green sukuk for climate financing and efforts to lead the global halal ecosystem through the World Halal Council and a unified halal logo. Both countries also reaffirmed their commitment to enhancing trade relations under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and through private sector cooperation. Through the Malaysia-UK franchise business dialogue held during the visit, Ahmad Zahid expressed hope that it would help Malaysian franchise brands penetrate the UK market by 2026. Ahmad Zahid also expressed confidence that the launch of Visit Malaysia 2026 (VMY2026) in the UK would expand collaboration with UK industry players, including airlines, to attract more UK tourists to Malaysia. Following the conclusion of his UK visit, Ahmad Zahid is leading the Malaysian delegation to the 8th Session of the Global Platform for Disaster Risk Reduction (GPDRR) in Geneva, Switzerland on June 4 and 5.
The Star
04-06-2025
- Business
- The Star
Franchising, TVET and tourism ties to be strengthened
LONDON: Datuk Seri Dr Ahmad Zahid Hamidi concluded his working visit to the United Kingdom, generating renewed enthusiasm to strengthen ties in the areas of franchising, education, Technical and Vocational Education and Training (TVET), and tourism between the two nations. The Deputy Prime Minister said a joint committee between Malaysia and the UK franchise associations would be formed to enhance cooperation between the two countries. The committee needs to be formed to provide greater market exposure for Malaysian companies, he added. 'We feel there is a lot of potential for Malaysian companies to establish and expand their franchises in the UK, especially in terms of halal products, be they food and beverage, education, cosmetics or even traditional Malay medicine. 'The committee must be formed immediately and I will monitor its performances every six months through the Cabinet committee on franchise, which I chair,' he told reporters towards the end of his four-day visit here. Ahmad Zahid said the decision was made following a dialogue session with franchise players from Malaysia and the UK. The Deputy Prime Minister, who also held a dialogue session with tourism industry players, said engaging with the various industries was an important step, instead of depending solely on government-to-government talks. 'What is more important is business-to-business as well as people-to-people engagements. 'I feel such engagements will have a big impact on the two countries,' he added. On the TVET front, Ahmad Zahid, who gave a public lecture at University College London during his working visit, said Malaysia is laying the foundation to become Asean's TVET Certification and Excellence Hub, particularly in high-impact sectors like aerospace, green energy, advanced manufacturing and cybersecurity. 'TVET's intake has reached 436,285, with 53.5% of SPM (Sijil Pelajaran Malaysia) school-leavers choosing the course. 'Some 94.5% of graduates successfully obtained jobs. 'To further strengthen this achievement, Malaysia will send teaching personnel for further studies through global cooperation with the UK to expand relations with industries and ensure marketability,' he said. Ahmad Zahid expressed optimism about enhancing bilateral ties with the UK in the areas of TVET, rural development and renewable energy. The move aims to bolster resilience against global climate change, following his meeting with the Secretary of State for Environment, Food and Rural Affairs, Steve Reed. 'I also reaffirmed Malaysia's commitment towards expanding cooperation with UK academic and industrial institutions, and also touched on cooperation on rural transformation,' he added. During his meeting with Malaysian students, particularly those sponsored by Mara, Ahmad Zahid expressed his pleasure at their enthusiasm regarding the transformative policy on TVET introduced by the government. 'I reiterated that the students, especially the Mara-sponsored ones, must not only gain knowledge abroad but they must return to Malaysia and contribute to the country,' he said. The Deputy Prime Minister departed for Geneva for a working visit.
New Straits Times
04-06-2025
- Business
- New Straits Times
Zahid hails London visit as bridge to reinforce Malaysia-UK ties
LONDON: Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi described his four-day working visit to the United Kingdom which concluded Wednesday as a bridge to strengthen bilateral relations. Zahid, who is also Minister of Rural and Regional Development, said the visit, filled with discussions and programmes, differed from previous visits as he had the opportunity to personally witness the commitment of students sponsored by Majlis Amanah Rakyat (Mara) at University College London (UCL) during a session with them. "…we (delegation) saw their commitment not only to acquiring knowledge but also to acting as catalysts for Generation Z and Generation Alpha. When they come here and gain knowledge, then return to Malaysia, they will contribute not only to their professions but to other fields as well, providing motivation especially to Generation Alpha and the millennial generation," he told a press conference here upon the conclusion of his visit. Additionally, Zahid shared that Malaysia's Technical and Vocational Education and Training (TVET) received very positive feedback from the university and students who were excited about the government's game-changing initiatives. "…we are aware of the government's aim to create 60,000 high-tech engineering job opportunities, and we have requested for the Training of Trainers (ToT) programmes to be expedited," he said. Beyond TVET, the visit also strengthened cooperation in rural development, renewable energy, and climate resilience through Zahid's meeting with the UK's Secretary of State for Environment, Food and Rural Affairs, Steve Reed. The meeting also discussed collaboration in rural transformation, disaster management, water security, and investments in green energy, including the reactivation of the Asean Power Grid. During the visit, Malaysia also proposed the use of green sukuk for climate financing and efforts to lead the global halal ecosystem through the World Halal Council and a unified halal logo. Both countries also reaffirmed their commitment to enhancing trade relations under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and through private sector cooperation. Through the Malaysia-UK franchise business dialogue held during the visit, Ahmad Zahid expressed hope that it would help Malaysian franchise brands penetrate the UK market by 2026. Zahid also expressed confidence that the launch of Visit Malaysia 2026 (VMY2026) in the UK would expand collaboration with UK industry players, including airlines, to attract more UK tourists to Malaysia.
