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PEER STRATEGY

Majors, NOCs Step Up Interest in Southeast Asian CCS

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  • A growing number of companies are pursuing carbon capture and storage (CCS) projects in Southeast Asia thanks to its infrastructure and relatively lower costs.
  • Shell has jumped on the Southeast Asian CCS bandwagon, and is looking at projects in Brunei, Malaysia and Singapore.
  • Energy firms are exploring CCS hubs to achieve economies of scale and generate new revenue as they increasingly see carbon dioxide as a commodity.

The Issue

Topics:
NOCs, Majors, Corporate Strategy , Carbon Prices, CO2 Emissions, Carbon Capture (CCS), Policy and Regulation
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