(Front row from left to right) PETROS Vice President for Subsurface and Development, Jeremy Wong, PETROS Senior Vice President for Sarawak Resource Management, Dato Abang Arabi Abang Narudin, Director JOGMEC, Muramoto Masashi, JOGMEC Executive Vice President of Energy Business Unit, Mori Hiroyuki.
Joint Study Agreement (JSA) with JOGMEC
PETROS will collaborate on its first onshore exploration project with JOGMEC in the Mukah-Balingian region. The partnership will enable both parties to gain deeper knowledge into Sarawak’s subsurface, supporting responsible and long-term onshore oil and gas development. Importantly, this collaboration will develop local capabilities and empower Sarawak’s homegrown talent to take the lead in innovation and responsible exploration.
Proof-of-Concept Study with SC Tubular Solutions Malaysia and SUSTEC
In parallel, PETROS, together with SC Tubular Solutions Malaysia and SUSTEC will begin a Proof-of-Concept Study using SUSTEC’s advanced Superconducting Quantum Interference Device – Transient Electromagnetic Method technology, or SQUID-TEM to detect oil and gas signals at the Adong Kechil West field near Miri. This marks the first deployment of this technology in Sarawak, reflecting PETROS’ commitment to embracing innovation and technology that can enhance exploration accuracy, reduce uncertainty, and unlock greater potential from Sarawak’s resources.
Storage Study Agreement (SSA) with Woodside Energy
For CCUS, PETROS also signed a Storage Study Agreement (SSA) with Woodside Energy, a global energy company with extensive experience in oil and gas, as well as experience in new energy products and low- carbon services. The agreement, established under the Sarawak Bid Round 2024, covers Site 3A in Central Luconia, offshore Sarawak, and will see Woodside assess the technical and commercial feasibility of safely storing carbon offshore in the ground. This collaboration supports PETROS’ vision to position Sarawak as a regional hub for CCUS and advance a low-carbon industrial transition.
PETROS was represented by Vice President for Subsurface and Development, Jeremy Wong for the agreement with JOGMEC/SUSTEC, and Senior Vice President for Sarawak Resource Management, Dato Abang Arabi Abang Narudin for the agreement with Woodside. Representing JOGMEC was Executive Vice President of Energy Business Unit, Mori Hiroyuki; while SUSTEC was represented by President and Co-Chief Executive Officer, Tsunehiro Hato; SC Tubular Solutions Malaysia Sdn Bhd by President, Yosuke Yamashita; and Woodside by General Manager, Carbon Capture and Storage, Andrew Nicholls.
Collectively, these three strategic partnerships will strengthen Sarawak’s energy capabilities, accelerate innovation in exploration and low-carbon technologies, create new opportunities for local talent and businesses, and support the State’s vision to become a regional hub for efficient energy development.