ExxonMobil and Pertamina, the state-owned energy company for Indonesia, have signed a deal to evaluate the potential for carbon capture projects in Indonesia.
ExxonMobil and Pertamina, the state-owned energy company for Indonesia, have signed a deal to evaluate the potential for carbon capture projects in Indonesia.
They will identify potential subsurface CO2 storage locations; examine the feasibility of transporting CO2 in Southeast Asia and partner with universities on research and development studies.
The companies have developed technology for carbon capture, utilization and storage, and low-carbon hydrogen. By jointly examining subsurface data, the companies expect to identify geologic formations deep underground that could be suitable to safely store CO2, and the potential for safe, commercially viable utilization of CO2.
‘There are opportunities in Indonesia and throughout Southeast Asia,’ said Joe Blommaert, president of ExxonMobil Low Carbon Solutions.