“This is with the aim of commercialising new, lower-carbon technology pathways in Singapore,” reads a Jan 11 statement.
Mainboard-listed Keppel Corporation (SGX:BN4
) and Pan-United Corporation have joined Chevron Singapore, Surbana Jurong, Air Liquide Singapore, Osaka Gas Singapore and Pavilion Energy in signing a memorandum of understanding (MOU) to collaborate on “lower-carbon opportunities” like hydrogen and carbon capture.
Collectively known as the Low Carbon Technology Industry Consortium (LCT-IC), the parties aim to accelerate the development of “cost-effective” carbon capture, utilisation and storage (CCUS) technology, as well as the supply chain and infrastructure surrounding hydrogen power.
