Petronas CCS Ventures receives Malaysia’s first offshore assessment permit for carbon capture and storage

Petroliam Nasional Berhad (Petronas)’ wholly-owned subsidiary, Petronas CCS Ventures Sdn Bhd (PCCSV), has been granted an offshore assessment permit for carbon capture and storage (CCS) for the Duyong area by the Malaysia Carbon Capture, Utilisation, and Storage (MyCCUS) Agency on October 10.