Petronas teams with SEDC Energy to develop microalgae for biofuel

In Malaysia, PETRONAS Research Sdn Bhd (PRSB), a subsidiary of PETRONAS, and SEDC Energy Sdn Bhd, a subsidiary of Sarawak Economic Development Corporation (SEDC), have signed an agreement to develop technology for microalgae oil production.

Under the agreement, PRSB and SEDC Energy will jointly develop algae production technology which includes cultivation, harvesting and extraction of crude algae oil, that will later be refined to produce sustainable aviation fuel (SAF).

Both parties will also deep dive into the commercial production requirements for crude algae oil, including developing algae strains with high oil content at a competitive production cost.