Malaysia’s state-owned oil and gas firm Petroliam Nasional Berhad (Petronas) has forged a partnership with United Kingdom-based chartered professional membership body Energy Institute (EI) for Asia’s energy transition.
Petronas said in a statement on Thursday that the firm has become the first Southeast Asia-headquartered company to join EI as a technical partner.
The collaboration brings together Petronas’ 50 years of expertise in the energy industry and EI’s long-standing efforts to improve the management of the energy sector.
Together, they are committed to creating a more informed, resilient, and efficient energy landscape across Asia.
The partnership underscores Petronas’s commitment to advancing the energy transition in Asia.
Petronas believes that collaboration is key in driving progress in commercializing emission-reduction technologies, infrastructure development, transition financing, and upskilling talent for an inclusive energy transition.
“In line with Petronas efforts to foster impactful innovation ecosystems supporting net zero ambitions in Asia, our collaboration with the EI brings together our expertise, resources, and passion to catalyze the progress towards a sustainable and resilient energy future that the world needs,” said Mohd Yusri Mohamed Yusof, Petronas Senior Vice President of Project Delivery and Technology.
According to him, partnering with the EI on energy transition, Petronnas reaffirms its commitment to driving meaningful change in the industry.
“Achieving net zero in Asia is critical to the global goal,
“Through this purposeful partnership, we aim to empower the energy sector in Asia with the knowledge and networks needed for an equitable and responsible transition,” he added.
Meanwhile, EI Chief Executive Officer Dr. Nick Wayth said the firm is dedicated to creating a better energy future for its members and society by accelerating a just global energy transition to net zero.
“This new partnership is central to the EI’s future activities supporting and equipping the energy sector in Malaysia, in the wider Asia Pacific region and globally,” he added.
As a technical partner, Petronas will contribute to shaping future programs through a seat on the EI Scientific and Technical Advisory Committee (EI-STAC), allowing the company to set industry standards and forge relationships with other leading organizations.
The partnership will focus on three key pillars: promoting decarbonization and operational excellence through innovative solutions, enabling informed decision-making with expert advice on policy and societal impact, and nurturing the next generation of energy professionals to ensure the sector thrives amidst rapid change.
Aligned with global sustainability goals, Petronas said the firm and EI are poised to co-generate sustainable energy solutions, while addressing the critical opportunities and challenges posed by the energy transition.
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