KUALA LUMPUR, Nov 18 (Bernama) -- PETRONAS Technology Ventures Sdn Bhd (PTVSB), a subsidiary of PETRONAS, entered into an agreement with TechnipFMC to commercialise a unique natural gas processing membrane which reduces greenhouse gas (GHG) emissions.

Through the technology commercialisation agreement, TechnipFMC will utilise and integrate the membrane technology licensed from PETRONAS as part of its production portfolio in projects worldwide, outside China.

The technology, which removes carbon dioxide (CO₂) and hydrogen sulfide (H₂S) by using wetted membranes, is 30 percent more efficient than existing gas treatment processes and can reduce GHG emissions by significant amounts. The membrane has potential applications in both offshore and onshore hydrocarbon production environments.

PETRONAS Senior Vice President of Project Delivery and Technology, Bacho Pilong said, “We are excited to bring to fruition this innovation which will effectively reduce GHG emissions, together with TechnipFMC as our strategic commercialisation partner. We believe this collaboration will inspire more innovative solutions towards cleaner, sustainable energy for a better tomorrow.”

TechnipFMC Executive Vice President of New Energy Ventures, Luana Duffé commented, “Our ability to industrialise processes is at the core of this partnership, which is another important step in TechnipFMC’s efforts to help our clients reduce their upstream carbon footprint.”

About Petroliam Nasional Berhad
 
We are a dynamic global energy group with presence in over 50 countries. We produce and deliver energy and solutions that power society’s progress in a responsible and sustainable manner.
 
We seek energy potential across the globe, optimising value through our integrated business model. Our portfolio includes cleaner conventional and renewable resources and a ready range of advanced products and adaptive solutions.
 
Sustainability is at the core of what we do as we harness the good in energy to elevate and enrich lives. People are our strength and partners for growth, driving our passion for innovation to progress towards the future of energy sustainability.

About TechnipFMC

TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services.

With our proprietary technologies and comprehensive solutions, we are transforming our clients’ project economics, helping them unlock new possibilities to develop energy resources while reducing carbon intensity and supporting their energy transition ambitions.

Organised in two business segments — Subsea and Surface Technologies  — we will continue to advance the industry with our pioneering integrated ecosystems (such as iEPCI™, iFEED™ and iComplete™), technology leadership and digital innovation.

Each of our approximately 20,000 employees are driven by a commitment to our clients’ success, and a culture of strong execution, purposeful innovation, and challenging industry conventions.

Issued by

Media Engagement Department
Group Strategic Communications
PETRONAS

Source: PETRONAS

FOR MORE INFORMATION,PLEASE CONTACT:
Name: Taufik Atman    
Tel: +60 19 669 9579  
Email: taufik.atman@petronas.com

Name: Catie Tuley       
Tel: +1 713 876 7296   
Email: media@technipfmc.com 

--BERNAMA