SUMMARY

Petronas recently announced its NZCE 2050 pathway to accelerate and advance groupwide actions and commitment towards achieving net zero future ambitions.

By Shardul Sharma

Malaysia’s Petronas has signed a memorandum of understanding (MoU) with technology company Emerson to drive digital transformation and decarbonisation initiatives, it said on December 13.

Petronas and Emerson will collaborate on extracting highway addressable remote transducer (HART) diagnostic data from field instrument and control systems, developing predictive analytics and optimising wireless instrument performance.

According to Petronas, these are used in process control applications and in the implementation of cybersecurity improvements to strengthen threat monitoring capabilities, achieve higher security level compliance as well as develop measurement and automation solutions to support sustainability and decarbonisation initiatives focusing on carbon capture, utilisation and storage (CCUS), hydrogen, and ammonia.

Petronas recently announced its NZCE 2050 pathway to accelerate and advance groupwide actions and commitment towards achieving net zero future ambitions.

The company’s short-term target for 2024 is to cap its greenhouse gas emissions at 49.5 mtCO₂e for scope 1 and scope 2 emissions in Malaysia. By 2025, the target is to achieve a 50% reduction in methane emissions from the natural gas value chain.