In encouraging Malaysia’s oil and gas services and equipment (OGSE) suppliers to embrace sustainability principles, PETRONAS today launched the PETRONAS Supplier Support Programme (PSSP) in collaboration with the Joint Committee for Climate Change (JC3) Greening Value Chain Programme, Bursa Malaysia and the UN Global Compact Network Malaysia & Brunei (UNGCMYB).

PETRONAS, through its subsidiary PETRONAS CCS Solutions Sdn Bhd (“PCCSS”), will embark on a five-month study to assess the onshore terminal, jetty and pipeline for its Northern Carbon Capture and Storage (CCS) Hub in Terengganu, Malaysia. This study will be followed by the advancement into the Front-End Engineering Design (FEED) phase.

SME Bank and Lembaga Tabung Haji (Tabung Haji) have signed a Memorandum of Understanding (MoU) to provide enhanced support to MSMEs through tailored financial solutions and comprehensive capacity-building programs.