Reservoir Link Secures Contract for Carbon Capture and Storage Project with Hibiscus Oil & Gas in Malaysia
Reservoir Link Energy Bhd's subsidiary, Reservoir Link Solutions Sdn Bhd, has secured a two-year contract with Hibiscus Oil & Gas for the PM3 CAA Carbon Capture and Storage Project in Malaysia. This contract marks Reservoir Link's entry into the CCS sector, where it will provide independent subsurface review and technical assurance services, enhancing its role in advancing clean energy technologies in alignment with Malaysia's low-carbon transition goals.
Theia Market Signal Identification - AI Assisted
Reservoir Link Energy Bhd's subsidiary, Reservoir Link Solutions Sdn Bhd, has been awarded a two-year contract by Hibiscus Oil & Gas Malaysia Limited for the PM3 CAA Carbon Capture and Storage (CCS) Project. The contract involves providing independent third-party subsurface review and technical assurance services, including evaluation of workflows, data inputs, and modelling.
This is Reservoir Link's first contract in the CCS sector, expanding its technical capabilities in response to the global emphasis on reducing carbon emissions through CCS. The contract strengthens Reservoir Link's role in supporting clean energy technologies in Malaysia's oil and gas sector and aligns with the country's low-carbon energy transition goals.
Comments