Energy Transformation (EX)

Our business unit aims to contribute to the creation of a society full of prosperity and dreams by building a decarbonization & recycling energy system, and finally achieving a sustainable carbon cycle. We do this by accelerating business development efforts in the next-generation energy field and driving the energy transformation business of our organization (i.e., Energy Innovation Initiative Business), while leveraging our power infrastructure business platform (i.e., Power Infrastructure Business), and further expanding our trade & business development of natural gas, LNG, and other gas-related energy commodities (i.e., Energy Business) via our presence in the Asia & Oceania region.

Energy Innovation Initiative (EII) We are responsibly growing our oil & gas ventures, while also leveraging our expertise from such conventional sectors to innovate in new energy endeavors. Through Our EII business aims to accelerate energy transition via project implementations in the fields of Carbon-Free Energy (e.g., hydrogen, ammonia, next generation bio energy value chain), Carbon Management (e.g., methanation, forestry, carbon credit and carbon capture), and New Power & Energy Service Development (e.g., green electricity platform).

Power Infrastructure We are responsibly growing our oil & gas ventures, while also leveraging our expertise from such conventional sectors to innovate in new energy endeavors. Through We provide global power infrastructures that meet the needs of each country, region and society, thus contributing to the development of local communities and industries in Asia & Oceania. We invest in both greenfield and brownfield large-scale Independent (Water and) Power Plant (“I(W)PP”) projects, and provide Engineering, Procurement & Construction (“EPC”) works for power-related facilities. We are also steadfast in exploring opportunities in the business fields of renewable and next-generation electricity.

Energy
We are responsibly growing our oil & gas ventures, while also leveraging our expertise from such conventional sectors to innovate in new energy endeavors. Through our partnership with Yinson, we have dabbled in Floating, Production, Storage and Offloading (“FPSO”) leasing businesses in Ghana and Brazil. We aim to bolster the maritime sector by investigating LNG bunkering opportunities in the Asia & Oceania region. With increasing focus on maritime decarbonization, we also strive to facilitate the supply and adoption of ammonia as a next generation maritime fuel at key bunkering nodes like Singapore. In pursuit of energy security, we remain committed to fostering the growth of gas value chain enterprises in emerging markets in Southeast and South Asia.

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