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Wire · technology

Petronas, TotalEnergies and Mitsui advance Southern CCS Hub project

25 October 2026 · By · Wire by Fusion42

Published

25 October 2026

Topic

technology

◆ Sectors

Climate Tech

◆ Geography

Malaysia

◆ Source

Read at upstreamonline.com →

◆ Verified

Fusion42 · 25 October 2026 · Fusion42 review

Petronas, TotalEnergies and Mitsui & Co have formed a joint venture to develop carbon dioxide storage offshore Peninsular Malaysia as part of the Southern CCS hub to store domestic and regional CO2 volumes.

This Wire brief sits within Fusion42's coverage of Climate Tech.

◆ ◆ The Wire takeaway

Your climate tech ventures should target offshore storage partnerships in Southeast Asia as Malaysia is actively expanding its CCS infrastructure with major energy players joining forces. The regional CO2 storage market is opening, creating a gateway for services and technologies focused on offshore carbon management.

◆ Coverage

1 source · 25 Oct 2026

◆ Related on Wire

◆ Topics

Climate Techcarbon-captureccs-hubjoint-ventureoffshoremethane-storage