Carbon + Intel: Technip Energies, PETRONAS to accelerate the development of CO2 capture technologies

 Technip Energies and PETRONAS have signed a Heads of Agreement (HOA) establishing a strategic collaboration framework for the further development and commercialization of carbon capture technologies.

 These include PETRONAS’ Rotating Pack Bed assisted cryogenic CO₂ recovery technology (CryoMin), and membrane based CO₂ recovery technology (PN2). Technip Energies and PETRONAS are committed to accelerating the transition to a net-zero carbon future through increasing innovation and fostering active technology collaborations.

Both companies will work together on furthering the development of carbon capture technologies as well as the associated services and equipment, in order to help operators reduce their assets’ carbon emissions in a sustainable manner. 

Collaboration is vital across the industry to accelerate energy transition. We are proud to have signed this strategic partnership with PETRONAS, a long-standing client and partner which has in the past entrusted Technip Energies to design and deliver some of its most iconic assets," Arnaud Pieton, CEO of Technip Energies, said. "This new partnership extends our historical collaboration with PETRONAS into technology development within energy transition, calling on Technip Energies’ extensive capabilities on decarbonization technologies. It will generate unique synergies by combining Technip Energies’ and PETRONAS’ respective experiences in the development of essential technologies for the capture and management of CO₂. I trust that the technologies that we will co-develop and commercialize will serve the decarbonization efforts of PETRONAS and other clients extensively."

 

 

 

 

 

 

 

 

 

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