KUCHING: Reservoir Link Solutions Sdn Bhd has inked a memorandum of understanding (MOU) with Ad Terra Asia Sdn Bhd to expand its business offerings into carbon capture, utilisation, and storage (CCUS) solutions within Malaysia.
According to its statement, under the terms of the MOU, both parties intend to work together to jointly participate and execute projects, leveraging their respective expertise, allowing Reservoir Link to offer CCUS technologies and subsurface, geology and geophysical studies to its customers within Malaysia.
“This collaboration underscores both parties’ shared commitment to create solutions that meet the increasing demand for carbon capture in the energy industry.
“The MOU will be valid for six months, with an option to extend for an additional six months,” it said.
While stating that the energy industry can be both profitable and sustainable, Reservoir Link Energy Bhd (the Group) executive deputy chairman Thien Chiet Chai expressed his confidence that through innovation, strategic partnerships, and a commitment to environmental stewardship, the Group is prepared for the challenges and opportunities that lie ahead.
“Our decision to invest in CCUS is a direct response to the growing demand for sustainable energy solutions which also aligns with Petroleum Sarawak Berhad’s (PETROS) initiatives.
“As we continue to evolve, we are focusing on technologies that not only drive profitability but also create long-term value by addressing the environmental challenges faced by the industry.
“This collaboration with Ad Terra Asia Sdn Bhd allows us to tap into the necessary expertise to make a meaningful impact on Malaysia’s carbon reduction efforts as well as diversifying our business offerings,” he said.
For the record, Ad Terra Asia Sdn Bhd is a wholly-owned subsidiary of Ad Terra Consultancy SA that provides technical, commercial and regulatory support to the energy sector internationally since 2010.
Its expertise includes oil and gas exploration, production, and decarbonisation, renewables (geothermal, solar, wind and biomass), critical raw materials (direct lithium extraction and helium), carbon capture and storage, carbon emissions monitoring and management, sustainable water solutions, nuclear waste storage, energy storage, and natural hydrogen.
