Friday, July 12

Shell cooperating with Petronas on Carbon Capture Storage

Shell is collaborating with Petronas to explore the potential of Carbon Capture Storage (CCS) in Malaysia.

“We will continue to collaborate to evaluate the technical and commercial viability of potential projects in the country.”

“The Sabah Government is an important stakeholder and valued partner for Shell Malaysia.

“We continue to engage them on topics of mutual interest and opportunity on a regular basis,” said Siti Hurrairah.

Siti Hurrairah, Country Chair of Shell Malaysia

According to her, Malaysia’s National Energy Policy has designated oil and gas as priority indigenous resources because they are essential to ensuring the nation’s energy security, socioeconomic stability, and ability to make the transition to a low-carbon energy system.

In particular, gas is anticipated to be crucial in assisting the nation’s growing use of renewable energy sources. For instance, switching to petrol from coal for power generation would significantly reduce Malaysia’s carbon footprint as coal is a major source of fuel for the nation’s electricity industry.

“We are always looking to explore initiatives that meet the energy needs of the next generation.

“We are investing in exploration activities in offshore Sabah blocks and are optimistic about the results. Shell is also a non-operating partner in the Kebabangan (KBB) Gas field, alongside Petronas Carigali and Conoco Phillips, which supplies gas to both the domestic market and LNG clients’, she said.

“We provide scholarships annually and continue to have Sabahan scholars enrolled,” she added of scholarships for Sabah students.

“This is a comprehensive scheme in which we fund undergraduate courses for our scholars at prestigious UK universities. Shell Malaysia invests between RM10 million and RM11 million per year in our scholarship programmes. We constantly attempt to ensure that scholarships are offered evenly across Sabah, Sarawak, and West Malaysia applicants who match the declared criteria.

“In the last five years, we’ve had six Sabahan scholars. How much is spent is subjective because it varies based on educational level, whether they are doing A-levels or undergraduate studies, but we spend approximately RM1.5 million for each scholar throughout their studies,” she said.

According to her, Shell Malaysia supports the growth of local talent through a number of initiatives, such as internship placements, Shell Scholarships, and Resourcing Initiatives, among others.

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