KUALA LUMPUR, March 24 (Bernama) -- PETRONAS has entered into a collaboration with Honeywell on the development of carbon-neutral energy solutions in process technologies, industrial automation, and plant digitalisation of PETRONAS' operations.
 
The collaboration aims to strengthen operations optimisation and support emissions reduction efforts to deliver cleaner energy solutions, in support of the companies’ common sustainability goals and in line with PETRONAS’ Net Zero Carbon Emissions by 2050 (NZCE 2050) aspiration.
 
A Memorandum of Understanding (MoU) between the two companies was signed here on 22 March on the sidelines of the Offshore Technology Conference Asia 2022 (OTC Asia 2022). PETRONAS was represented by its Head of Group Technical Solutions, Project Delivery & Technology Badrul Hisham Ibrahim and Honeywell by its Vice President/General Manager of Industrial Innovation, Honeywell Connected Enterprise, Ravikrishnan Srinivasan. The signing was witnessed by PETRONAS Senior Vice President of Project Delivery & Technology, Bacho Pilong and Honeywell President of ASEAN, Norman Gilsdorf.
 
Bacho said, “This partnership will be a catalyst for PETRONAS’ growth agenda. We believe it will inspire more collaborations among major industry and technology players to collectively deliver a carbon-neutral future through a flourishing ecosystem of innovation – where solutions can be delivered at pace to counter the many challenges we face.”
 
Commenting on the partnership, Gilsdorf said, “We greatly value the long-standing relationship between the two companies and Honeywell is looking forward to collaborating with and assisting PETRONAS in accelerating its strategy on sustainability, digitalisation and productivity.
 
“The solutions will support PETRONAS in achieving the highest standards of accuracy, reliability, profitability, and security. We are proud to collaborate with PETRONAS in integrating digitalisation and sustainability to the next level,” he added.
 
The sustainable solutions to be embraced include Carbon Capture, Utilisation and Storage (CCS) technology, Digital Twin, and Remote Autonomous Operations, in achieving productivity excellence and strategic growth in a low-carbon manner.
 
The collaboration marks one of the first of its kind in harmonising processes and business analytics into an integrated, cutting-edge technology and 5G-enabled secured asset operations for PETRONAS.
 
It also supports PETRONAS’ pursuits in the key areas of cybersecurity as well as leadership and capability management. 
 
Issued by
 
Media Communications Department
Group Strategic Communications
PETRONAS
 
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 Honeywell
 
Honeywell (www.honeywell.com) is a Fortune 100 technology company that delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable.
 
For more news and information on Honeywell, please visit www.honeywell.com/newsroom. 

Photo 1 – MoU between PETRONAS and Honeywell signed between Badrul Hisham Ibrahim, Head of Group Technical Solutions, PETRONAS (centre left) and Ravikrishnan Srinivasan, Honeywell Vice President/General Manager of Industrial Innovation, Honeywell Connected Enterprise (centre right), witnessed by Bacho Pilong, SVP of Project Delivery & Technology, PETRONAS (far left) and Norman Gilsdorf, Honeywell President of ASEAN.

SOURCE: PETRONAS

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

Honeywell
Name: Anna Ramli
Tel: +60 12 212 4439
Email: anna.ramli@honeywell.com 

--BERNAMA