TotalEnergies EP CCS Malaysia SA is a Swiss-incorporated subsidiary of TotalEnergies SE, the French multinational integrated energy company. Established in 2025 and registered in Meyrin near Geneva with a share capital of 150,000 CHF, it serves as the dedicated vehicle for TotalEnergies' participation in carbon capture and storage (CCS) projects in Malaysia.
The company is a signatory to the joint venture agreement with Petronas CCS Ventures Sdn Bhd and Mitsui & Co Ltd for the development of offshore CO2 storage areas in the Southern CCS Hub offshore Peninsular Malaysia. This initiative focuses on a depleted gas field with planned injection capacity of up to 5 million tonnes of CO2 per year, targeting first injection as early as 2031. It supports Malaysia's goal of becoming a regional CCS hub and enables cross-border storage for industrial emitters in the Asia-Pacific region.
Its stated corporate purpose includes the negotiation and participation in industrial projects involving energy production, storage, transport, and specifically CO2 capture, transport, storage, and utilization. The entity can form subsidiaries, branches, and engage in related research, development, and commercial activities worldwide.
As part of TotalEnergies' broader decarbonization strategy, which includes European CCS projects and a target of 10 million tonnes annual storage capacity by 2030, TotalEnergies EP CCS Malaysia SA contributes global expertise in CCS development to the Malaysian partnership. The company is wholly aligned with the TotalEnergies group structure and operates from shared facilities with other group entities in Geneva.
Also known as Hera TE 7 SA.
None yet. When a new project in the record names TotalEnergies EP CCS Malaysia as owner, partner or investor, it shows here.
JV will develop offshore CO2 storage targeting up to 5 Mtpa injection; first injection targeted by 2031; supports Malaysia's Southern CCS Hub and potential cross-border CO2 shipments.
