Reservoir Link Secures PETRONAS CCUS Panel Appointment
July 3, 2026
Reservoir Link Energy Bhd has secured a five-year panel appointment from Petroliam Nasional Bhd (PETRONAS) to provide integrated discovered resource assessment services under its Carbon Capture, Utilisation and Storage (CCUS) programme.
Reservoir Link executive deputy chairman Thien Chiet Chai.
In a filing with Bursa Malaysia, the group said the appointment was awarded to its 60%-owned subsidiary, Reservoir Link Solutions Sdn Bhd, under Package 2 – Carbon Capture, Utilisation and Storage (CCUS) and Contaminant.
The panel appointment is effective from May 14, 2026, to May 13, 2031.
Under the appointment, Reservoir Link Solutions will provide a range of technical services, including data consolidation and management, geological and geophysical evaluation, subsurface and surface development planning, economic analysis, as well as the preparation and submission of final reports.
The participating PETRONAS operating units for the appointment are PETRONAS and PETRONAS Carigali Sdn Bhd.
The company noted that the panel appointment does not guarantee any minimum volume of work. Instead, projects will be awarded through mini-bidding exercises and/or direct awards during the five-year tenure, depending on PETRONAS’ operational requirements.
Reservoir Link expects the appointment to contribute positively to the group’s earnings for the financial year ending June 30, 2027, and in subsequent financial years as work orders are secured.
Executive deputy chairman Thien Chiet Chai said the appointment reflects the group’s growing technical expertise and capabilities in carbon capture and storage-related services.
He added that the panel appointment further strengthens Reservoir Link’s position in supporting Malaysia’s energy transition initiatives and reinforces its role in the country’s evolving low-carbon energy ecosystem.
