PETRONAS partners with Honeywell on sustainability solutions
Photo courtesy of PETRONAS

PETRONAS partners with Honeywell on sustainability solutions

Honeywell and Malaysia’s state-owned oil and gas company Petroliam Nasional Berhad or PETRONAS have signed a memorandum of understanding (MoU) to collaborate on sustainability solutions in process technologies, industrial automation, and plant digitalisation and in achieving carbon-neutral energy projects in the country.

The MoU was signed on the sidelines of the biennial Offshore Technology Conference Asia (OTC Asia) by Honeywell Vice President of Global High Growth Regions and President of ASEAN, Norm Gilsdorf, and PETRONAS Senior Vice President (SVP) of Project Delivery & Technology (PD&T), Bacho Pilong. Based in Charlotte, North Carolina, U.S.A., Honeywell primarily operates in four areas of business: aerospace, building technologies, performance materials and technologies (PMT), and safety and productivity solutions (SPS).

PETRONAS will collaborate with Honeywell for breakthrough solutions within four specific areas: digital transformation, sustainability and emissions management, cybersecurity, and leadership and capability management. These solutions will support PETRONAS’s growth strategy and low-carbon agenda by employing proven Honeywell technologies for productivity, carbon capture and utilization, energy storage and digital twins.

“We greatly value the long-standing relationship between our two companies and Honeywell is looking forward to collaborating with and assisting PETRONAS in accelerating their strategy on sustainability, digitalization and productivity,” said Gilsdorf.

The collaboration marks one of the first of its kind in harmonizing processes and business analytics into an integrated, cutting-edge technology and 5G-enabled secured asset operations for PETRONAS.

“The solutions will support PETRONAS in effortlessly achieving the highest-ever standards of accuracy, reliability, profitability, and security. We are proud to collaborate with PETRONAS in integrating digitalisation and sustainability to the next level,” Gilsdorf said.