Petronas has entered into a collaboration with Honeywell on the development of carbon-neutral energy solutions in process technologies, industrial automation, and plant digitalisation of its operations.
The collaboration is aimed to strengthen its operation optimisation and support emissions reduction efforts to deliver cleaner energy solutions.
“This partnership will be a catalyst for Petronas’ growth agenda. We believe it will inspire more collaborations among major industry and technology players to collectively deliver a carbon-neutral future through a flourishing ecosystem of innovation – where solutions can be delivered at a pace to counter the many challenges we face,” said Petronas Senior Vice President of Project Delivery & Technology, Bacho Pilong
Commenting on the partnership, Gilsdorf from Honeywell said, “We greatly value the long-standing relationship between the two companies and Honeywell is looking forward to collaborating with and assisting Petronas in accelerating its strategy on sustainability, digitalisation, and productivity.
“The solutions will support in achieving the highest standards of accuracy, reliability, profitability, and security. We are proud to collaborate with PETRONAS in integrating digitalisation and sustainability to the next level,” he added.
The sustainable solutions to be embraced include Carbon Capture, Utilisation and Storage (CCS) technology, Digital Twin, and Remote Autonomous Operations, in achieving productivity excellence and strategic growth in a low-carbon manner.
The collaboration marks one of the first of its kind in harmonising processes and business analytics into an integrated, cutting-edge technology and 5G-enabled secured asset operations for Petronas.