Pertamina and Chevron to study CCUS potential

Nov 17 2023

Through a Joint Study Agreement the two companies will assess the feasibility of CCS/CCUS in East Kalimantan, Indonesia.

Pertamina and Chevron have agreed to mutually share information on regions and potential CCS/CCUS developments, encompassing geological and geophysical data, maps, models and interpretations, records, summaries, and commercial information.

The agreement was formalized through three Confidentiality Agreements for Carbon Capture Storage/Carbon Capture Utilisation and Storage (CCS/CCUS) signing between Pertamina's upstream subsidiaries, namely PT Pertamina Hulu Mahakam, PT Pertamina Hulu Sanga-Sanga, PT Pertamina Hulu Kalimantan Timur, and Chevron Energy International Pte. Ltd.

The agreement follows the Joint Study Agreement (JSA) between PT Pertamina (Persero) and Chevron Energy International Pte. Ltd, initiated on March 6, 2023. Explorations and collaboration between both parties have already commenced since 2022.

Nicke Widyawati, the President Director of Pertamina, said that Pertamina is fully committed to developing low-carbon businesses through CCS/CCUS projects. This step serves as a key accelerator for decarbonisation. The CCS/CCUS technology implementation represents Pertamina's effort to adapt and embrace the energy transition.

"CCS/CCUS projects are highly strategic because Indonesia holds a significant carbon storage potential, making it highly potential to become a CCS hub or a carbon capture and storage center in Southeast Asia," said Nicke.

According to Nicke, the current carbon utilisation efforts align with the oil and gas utilisation, which will still be needed until achieving zero carbon emissions or net zero emissions (NZE) by 2060.

"Fossil energy utilization in Indonesia remains dominant, indicating significant emissions. Hence, it is crucial to focus on CCS/CCUS technologies actively," she stated.

Currently, Pertamina collaborate with Chevron in the CCS Hub project development in East Kalimantan, integrating emission-producing areas in the Balikpapan and Bontang Industrial Clusters.


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Issue 95 - Sept - Oct 2023

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