Indonesia Invites Oil Firms to Set Up Carbon Capture Facilities

Bernadette Christina
Friday, March 10, 2023

Oil and gas companies operating in Indonesia are being encouraged to install carbon capture facilities in their working areas, the Energy Ministry said on Friday.

The resource-rich country, which is also one of the world's biggest greenhouse gas emitters, issued a new regulation it said was aimed at lowering emissions while boosting the country's declining oil and gas output, but did not make it mandatory for companies to install such facilities.

"Indonesia has geological formations that can be used to store carbon emissions permanently through the use of technology," the ministry said, adding that companies should put forward detailed proposals for government approval.

The carbon injected into their reservoirs could come from the oil and gas industry as well as other industries, the regulation showed.    

Authorities have so far approved one carbon capture, storage and utilization (CCUS) project at BP's Tangguh LNG project in West Papua province, while Japan's Inpex Corp is expected to submit its revised plan of development for its Abadi LNG project, which will include a carbon capture installation.

Indonesia's state energy firm Pertamina has conducted several studies on CCUS with partners including ExxonMobil, Japan's Mitsui. It also conducted a carbon injection test at one of its oil field late last year.


 (Reuters - Reporting by Bernadette Christina; Editing by Kanupriya Kapoor)

Categories: Energy Industry News Activity Asia Decarbonization Carbon Capture Carbon Storage Carbon Capture And Storage

Related Stories

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Thailand's PTT to Buy LNG from Glenfarne's Alaska LNG Project

Woodside and Jera Agree LNG Cargoes Supply for Japan’s Winter Period

MODEC and Terra Drone Renew FPSO Drone Inspection Partnership

Wood JV Gets EPC Job for Shell off Brunei

Fugro Expands Geotechnical Testing Capabilities in Indonesia

CNOOC Starts Production at Offshore Field in South China Sea

Aker Solutions, PTAS JV Hooks Brownfield Services Extension off Brunei

Azeri SOCAR Plans New Agreements with Oil and Gas Majors

Fugro Lands Deepwater Gas Field Job in Southeast Asia

Current News

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

CNOOC Signs Hydrocarbons Exploration and Production Deal with Kazakhstan

Thailand's PTT to Buy LNG from Glenfarne's Alaska LNG Project

Woodside and Jera Agree LNG Cargoes Supply for Japan’s Winter Period

Petronas Expands Suriname Portfolio with Deepwater Block Acquisition

Japanese Oil and Gas Firm Enters Two Blocks off Malaysia

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com