ExxonMobil and Pertamina advance carbon capture project in Indonesia
The agreement defines next steps for the project including concept-select, pre-Front End Engineering Design, and a subsurface work program.
ExxonMobil and Pertamina, the state-owned energy company for Indonesia, have signed a Heads of Agreement at the G20 Summit in Bali to further progress their previously announced regional carbon capture and storage hub for domestic and international CO2.
The agreement defines next steps for the project including concept-select, pre-Front End Engineering Design, and a subsurface work program. It was signed by Pertamina President Director and Chief Executive Officer Nicke Widyawati and Irtiza Sayyed, vice president, ExxonMobil Low Carbon Solutions and president of ExxonMobil Indonesia. The signing was witnessed by U.S. Ambassador for Republic Indonesia, H.E. Sung Y. Kim and Indonesia’s Coordinating Minister for Maritime and Investment Affairs H.E. Luhut B. Pandjaitan, and Jack Williams, senior vice president, Exxon Mobil Corporation.
“This agreement supports Indonesia’s net-zero ambition and its goal to become a carbon capture and storage leader in the region. By providing a large-scale storage solution for hard-to-decarbonize sectors, our companies will support Indonesia’s growing economy through low-carbon investments, creating job opportunities and adding revenues for the country,” said Dan Ammann, president, ExxonMobil Low Carbon Solutions.
ExxonMobil Low Carbon Solutions is working to bring lower-emission technologies to market, making them accessible to hard-to-decarbonize industries, including its recent agreement with a leading global manufacturer of nitrogen and hydrogen products in Louisiana, United States.
