France-based Technip Energies and Petroliam Nasional Bhd (Petronas), a state energy company, have signed a head of agreement (HoA) to develop and commercialise carbon capture technology in Malaysia. The agreement covers cooperation between the companies in assisted cryogenic carbon dioxide recovery and membrane-based CO2 recovery.
Membrane-based technology is analogous to filtration where the membrane traps some gases while allowing others to pass through. Cold temperatures and condensation extract carbon dioxide from other gases, leaving liquid CO2 suitable for industrial use.
This is the second such agreement by Petronas in Malaysia, following the signing of a memorandum of understanding (MoU) with Exxon Mobil in November 2021 to investigate the country’s potential for carbon capture and storage (CCS).