Indonesia
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This paper examines the economics of carbon capture, usage, and storage projects, either standalone or in conjunction with large offshore gas projects, in Denmark, Indonesia, and Australia.
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The plan calls for developing a gas field, CCUS, and onshore compression, with first production expected in 2028.
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The birthplace of Royal Dutch Shell, Indonesia and Malaysia, buck trends and grow their gas and oil industries, expecting a record number of final investment decisions in the next 4 years in gas, deep water, and carbon capture projects to support Southeast Asia’s booming economic growth.
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The operator will move forward with its multibillion-dollar Northern Hub project while planning for additional exploration drilling in the region.
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Ignis H2 Energy and Imeco Inter Sarana announced a strategic partnership to expedite geothermal development in Indonesia.
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The project’s revised development plan now incorporates a carbon capture facility.
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The agreement covers the upstream to downstream sectors, focusing on global business and development of human capital.
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The companies have agreed to study the development of geothermal energy in Indonesia to further the country’s goal of adding 3.3 GW of geothermal capacity by 2030.
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Several projects have been scrapped across the US as inflation causes project costs to soar, while projects in Costa Rica and Rotterdam move forward.
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Sale includes stake in the Abadi gas project.
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