ExxonMobil to assess carbon capture and storage in Indonesia

ExxonMobil to assess carbon capture and storage in Indonesia

03 Nov 2021

ExxonMobil has signed a memorandum of understanding (MoU) with Pertamina, an Indonesian state-owned energy company, to assess carbon capture and storage in Indonesia.

According to the agreement, the two companies will explore the potential for large-scale deployment of low-carbon technologies in the country. The partnership will evaluate the potential of technologies such as carbon capture, utilisation and storage, and low-carbon hydrogen.

By studying subsurface data, the two firms aim to locate geologic formations deep underground for the safe storage of CO2 and commercially viable utilisation of CO2.

In addition to conducting research and development studies with universities, the agreement also enables the study of the feasibility of transporting CO2 in Southeast Asia.

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