KUCHING: State-owned oil and gas company Petroleum Sarawak Berhad (Petros) has identified three sites for carbon storage with a capacity of approximately 1,000 metric tonnes of carbon dioxide equivalent (C02e), off Sarawak’s coast, its senior vice president for resource management Nazrin Banu Shaikh Sajjad Ahmad said here today.
Petros also committed to rejuvenating onshore oil and gas potential
She said the first site is located in the Southwest and Western Luconia province that will be the centre of energy growth supporting the establishment of the Kuching economic hub.
“It will enable sour gas fields development and decarbonisation of new industries in Kuching as well as exisiting local emissions,” she said at the launch of Petros’s Sarawak Bid Round (SBR) 2024, a key initiative aimed at harnessing Sarawak's distinctive geology for Carbon Capture, Utilisation, and Storage (CCUS).
She said the site consists of several depleted fields nearing the end of their field life in the Balingian province.
Nazrin said the third site consists of the depleted fields in the Central Luconia province, including high quality reservoirs and existing oil and gas infrastructures.
“In addition to CCUS, Petros is also committed to rejuvenating onshore oil and gas potential in Sarawak and advancing early commercialisation of onshore oil and gas discoveries,” she said.
She said Adong Kechil West in Block SK433, located 24 km from Miri town, is having progressing well towards first production and commercialisation next year.
“Replicating this success is key for onshore upstream rejuvenation, and Petros is investing significantly to de-risk the petroleum system element and further upgrade onshore prospectivity in all onshore blocks, particularly in Blocks SK334 (Limbang-Lawas) and SK431 and SK441 (Oya-Mukah-Balingian).
“Currently, we are carrying out more studies through seismic reprocessing and seismic acquisition and looking into the application of enhanced full tensor gravity (e-FTG) technology in onshore Sarawak,” she added.
On the launch of SBR 2024, she said it underscores Petros' commitment to driving CCUS innovation and contributing to the region’s net zero goals.
“The bid round aims to promote and showcase Sarawak’s carbon storage capabilities, providing a transparent and competitive platform for potential investors interested in conducting techno-commercial storage studies to develop the CCUS value chain in the state,” she said.
The launch was attended by almost 200 participants from multinational companies, including upstream players, carbon emitters, infrastructure developers, service providers, shipping companies, financial institutions, and consultancy firms.
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