ANGLO-Dutch supermajor Shell is teaming up with Malaysian state-run giant Petronas to explore potential carbon capture and storage (CCS) opportunities in Malaysia. Petronas confirmed this week that it had signed a joint study and collaboration agreement with Sarawak Shell to explore CCS opportunities and project collaborations. Under the agreement, the pair will carry out an integrated CCS Area Development Plan study covering selected areas off the coast of Sarawak. The study will also see the companies explore providing decarbonisation services to Shell's local and cross-border facilities, as well as to other potential regional customers. Petronas said the outcome of the study will help "produce options in potential areas for further collaboration". Petronas' upstream chief exec- utive, Adif Zulkifli, said the agreement with Shell underscored the Malaysian company's efforts to explore partnership opportunities in CCS.
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