WoodAPAC CCSMarket EvolutionSociety of Petroleum Engineers-Singapore Section6 November 2025Eauzi Said,Senior Analyst,CCUSStephanie Chiang,Senior Analyst,CCUSCCUS:The emerging technology integral to a smooth energy transitionCarbon capture,utilisation and storage.Responsible producers of carbon intensive materials(CCUS)and engineered carbon removals,including cement,steel,chemicals and energy-relatedsuch as Direct Air Capture(DAC)andBioenergy with CCS(BECCS),will play athem,are now investing in CCUS as a carbon-key role in a sustainable energy transition.abatement technology of choice.Current global carbon capture capacity is around 64 million tonnes per year(Mtpa)-less than 0.2%of current global CO2 emissions.This is expected to grow to 2,000 Mtpa by 2050.To constrain global warming to 1.5 degrees above pre-industrial levels,wouldneed to reach 7,750 Mtpa (around 15%of current global CO,emissions)·Today's agenda:CCS market evolution in APACPolicy and regulatory influence-Cross-border tradeWood