Petros invites investors to bid for CCUS projects

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The story "Petros invites investors to bid for CCUS projects" was covered 18 hours ago by The Star, a news publisher based in Malaysia.

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The Star 18h ago

Petros invites investors to bid for CCUS projects - The Star

Quick Summary:

KUCHING: Petroleum Sarawak Bhd (Petros), which recently launched the Sarawak Bid Round 2024, is calling for multinational corporations (MNCs) to bid for the development of carbon capture, utilisation and storage (CCUS) industry in the state.

Site three presents saline aquifers and depleted fields in the Central Luconia region, featuring high-quality reservoirs and existing oil and gas infrastructure.

Last year, Petros and Petra Energy Bhd commenced their inaugural onshore drilling at Block SK433.