PETRONAS, TechnipFMC To Commercialise Gas Processing Technology

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Kuala Lumpur, 18 November 2021 – PETRONAS Technology Ventures Sdn Bhd (PTVSB), a subsidiary of PETRONAS, has 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.”