Welcome to the PETROS Sarawak Bid Round 2024, an initiative aimed at harnessing Sarawak's immense potential in Carbon Capture, Utilisation, and Storage (CCUS). This bid round is an exciting opportunity for companies to engage in groundbreaking techno-commercial studies and contribute to the development of a robust CCUS value chain in Sarawak.
Sarawak is positioned to become a leader in CCUS, offering unparalleled opportunities for innovation and investment. Our strategic location, rich natural resources, and commitment to sustainable development make Sarawak an ideal hub for CCUS projects.
Participating in the Sarawak Bid Round 2024 offers numerous benefits such as:
| Collaborative Innovation | Engage in techno-commercial studies that push the boundaries of CCUS technology. |
| Strategic Partnerships | Form alliances with key stakeholders and industry leaders. |
| Sustainable Impact |
Contribute to significant environmental benefits and support Sarawak’s sustainability goals.
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THE PATH FORWARDThe successful bidders will play a crucial role in shaping the future of CCUS in Sarawak. By entering into Storage Site Agreements (SSA) and later potentially Storage Development Agreements (SDA), these companies will be at the forefront of developing and commercialising CCUS technologies that can be scaled globally.
Join us in this transformative journey towards a sustainable future. The PETROS Sarawak Bid Round 2024 is more than just an opportunity —it is a commitment to continuous innovation, collaboration, and environmental stewardship. |
WHO ARE WE LOOKING FOR
BID GUIDELINESBidders are expected to submit their HIGH-LEVEL technical proposal and commercial proposal covering storage assessment, high level development plan, estimated timing for injection, life cycle cost breakdown, MMV and HSSE, commercial model and proposal for SSA scope (2 – 3 years technical work scope and cost related).
For more info on how to participate in the PETROS Sarawak Bid Round 2024 and to learn more about the bidding process and guidelines, please access Sarawak Resource Insights.
Together, we can spearhead the development of CCUS and create lasting environmental and economic benefits for Sarawak and beyond. |
Disclaimer: Dates in this timeline are tentative and may change due to unforeseen circumstances.
If you would like to contact us further, we are hereLevel 6, Block C, iCOM Square,
Jalan Pending,
93450 Kuching, Sarawak..
