KUCHING, Nov 11 2025: Petroleum Sarawak Berhad (Petros) today signed two strategic energy agreements and a storage study agreement with international industry players to unlock Sarawak’s onshore exploration potentials and to progress Carbon Capture, Utilisation and Storage (CCUS) projects in Central Luconia, Sarawak.
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(Left to right) For the
document exchange of the Storage Study Agreement, representing Woodside
Energy is CCS subsurface manager Robert Nesbit, CCS general manager
Andrew Nicholls and Asia Pacific CCS strategy and business development
manager Keith Adamson. Petros is represented by senior vice president
for Sarawak resource management Datuk Abang Arabi Abang Narudin.
The agreements, witnessed by Petros chairman Tan Sri Hamid Bugo, were signed with Japan Organization for Metals and Energy Security (JOGMEC), SC Tubular Solutions Malaysia Sdn Bhd (SCTSM), Superconducting Sensor Technology Corporation (SUSTEC) and Woodside Energy.
In his speech, Hamid said the signing of the agreements marks another milestone for Petros in driving Sarawak’s energy future.
“Through these collaborations, we are strengthening partnerships and embracing innovation to unlock new opportunities in exploration and low-carbon development,” he said.
“Together with our global partners, we are shaping a reliable, equitable and inclusive energy ecosystem that supports Sarawak’s long-term growth and prosperity,” he added.
Under the joint study agreement (JSA), Petros an JOGMEC will collaborate on the onshore exploration project in the Mukah-Balingian region.
The partnership will enable both parties to gain deeper knowledge into Sarawak’s subsurface, supporting responsible and long-term onshore oil and gas development.
Importantly, this collaboration will develop local capabilities and empower Sarawak’s homegrown talent to take the lead in innovation and responsible exploration.
In parallel, Petros, together with SC Tubular Solutions Malaysia and SUSTEC will begin a Proof-of-Concept Study to detect oil and gas signals at the Adong Kechil West field near Miri.
For CCUS, Petros also signed a storage study agreement (SSA) with Woodside Energy, a global energy company with extensive experience in oil and gas, as well as experience in new energy products and low- carbon services.
This agreement, established under the Sarawak Bid Round 2024, covers Site 3A in Central Luconia, offshore Sarawak, and will see Woodside assess the technical and commercial feasibility of safely storing carbon offshore under ground.
This collaboration supports Petros’ vision to position Sarawak as a regional hub for CCUS and advance a low-carbon industrial transition.
Petros was represented by vice president for subsurface and development Jeremy Wong for the agreement with JOGMEC/SUSTEC, and senior vice president for Sarawak resource management Datuk Abang Arabi Abang Narudin for the agreement with Woodside Energy.
Representing JOGMEC was executive vice president of energy business unit Mori Hiroyuki; while SUSTEC was represented by president and co-chief executive officer Tsunehiro Hato; SC Tubular Solutions Malaysia Sdn Bhd by president Yosuke Yamashita; and Woodside by general manager, carbon capture and storage Andrew Nicholls.
Collectively, the three partnerships will strengthen Sarawak’s energy capabilities, accelerate innovation in exploration and low-carbon technologies, create new opportunities for local talent and businesses, and support the state’s vision to become a regional hub for efficient energy development.
(Left to right) For the document exchange of the Storage Study Agreement, representing Woodside Energy is CCS subsurface manager Robert Nesbit, CCS general manager Andrew Nicholls and Asia Pacific CCS strategy and business development manager Keith Adamson. Petros is represented by senior vice president for Sarawak resource management Datuk Abang Arabi Abang Narudin.
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