#CCUS
Bp, Mitsubishi Research Institute join Japan’s METI Program to develop CCUS methodology
British Energy giant bp and Mitsubishi Research Institute (MRI) have been selected by Japan’s Ministry of Economy, Trade, and Industry (METI) to conduct a feasibility study on developing a Carbon Capture, Utilization and Storage (CCUS) methodology under the Joint Crediting Mechanism (JCM) framework.
PHE to develop 12 CCS/CCUS projects, first injection targeted for 2030
Pertamina Hulu Energi (PHE), the upstream subsidiary of State energy giant Pertamina, has announced its readiness to develop 12 Carbon Capture and Storage (CCS) and Carbon Capture, Utilization and Storage (CCUS) projects, with a total storage capacity of 7.3 gigatons of CO₂, targeting first carbon injection by 2030.
Energi Mega Persada to develop CCS/CCUS facility in Aceh’s Arun Field
Bakrie Group oil and gas company, PT Energi Mega Persada (EMP), along with its subsidiary PT Pema Global Energi (PGE), has announced plans to develop Carbon Capture and Storage (CCS) and Carbon Capture, Utilization and Storage (CCUS) facility in Arun Field, Aceh.
bp-Saipem Consortium sign US$3.5 billion CCUS, EPCI contract
British multinational oil and gas company, bp, has signed a Rp56.5 trillion (US$3.5 billion) project with partner contractors of Saipem Consortium − Engineering, Procurement, Construction, and Installation (EPCI) company PT Meindo Elang Indah and PT JGC Indonesia, a subsidiary of Japanese JGC Holdings Corporation − for Carbon Capture, Utilization, and Storage (CCUS) and EPCI work contracts of the Tangguh Ubadari National Strategic Project (Tangguh UCC).
BP invests US$7 billion in oil & gas, energy projects in Indonesia
British Petroleum (BP) has agreed to put an investment of US$7 billion in support of the Tangguh Ubadari, Carbon Capture Utilization & Storage (CCUS), and Compression (UCC) projects in Indonesia upon an assessment meeting between the British oil&gas company and the Upstream Oil and Gas Regulatory Task Force (SKK Migas).