Japan Oil, Gas and Metals National Corporation (JOGMEC) has signed an agreement with JX Nippon Oil & Gas Exploration Sdn Bhd (JX), and Malaysian state-owned oil and gas company Petronas to study the development of high CO2 gas fields in Malaysia. The project aims to explore the feasibility of development and future commercialization of gas fields containing high CO2 concentration using carbon capture and storage (CCS) technology.
Malaysia holds a large number of gas fields containing high CO2 concentrations but the majority of them were left undeveloped due to technical and economic considerations. With this agreement, the partners plan to assess solutions to separate, capture and inject CO2 produced from the fields into suitable storage reservoirs such as mature and depleted gas reservoirs. Additionally, the study will consider the possibility of exporting hydrogen produced from natural gas to Japan.
The project will leverage on JX’s experience in implementing enhanced oil recovery (EOR) and carbon capture, utilization and storage (CCUS). JX has previously conducted CCUS projects in other South East Asian countries, including the CO2-EOR pilot test in Vietnam in 2011 and the joint study with PT Pertamina on CO2-EOR in Indonesia in 2019.
(Sources: JOGMEC; JX Nippon Oil & Gas Exploration)