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flag Malaysia grants first offshore CCS permit for Duyong field, advancing decarbonization and regional leadership.

flag Petronas CCS Ventures, a Petronas subsidiary, has received Malaysia’s first offshore Carbon Capture and Storage (CCS) assessment permit for the Duyong field, issued by the MyCCUS Agency under the new CCUS Act 2025. flag The permit enables exclusive geological assessments to evaluate the site’s potential for carbon storage, advancing the Southern CCS offshore hub. flag The project involves collaboration with TotalEnergies and Mitsui & Co. under a 2025 agreement, with work focused on technical and commercial feasibility. flag The move supports Malaysia’s decarbonization goals and positions the country as a regional leader in CCS, aligning with global climate efforts.

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