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Oil & Gas / Asia

ExxonMobil planning CCS project at Cepu in Indonesia

ExxonMobil (NYSE:XOM) is planning a carbon capture utilisation and storage (CCUS) project at its giant Cepu block in East Java, said Dwi Soetjipto, the head of Indonesia’s upstream regulator SKK Migas.
By Damon Evans
21/10/2021, 3:04 am Updated: 21/10/2021, 5:46 am
Photo of Damon Evans
© BloombergExxonMobil Engine No.1
ExxonMobil is planning CCS at Cepu in Indonesia

ExxonMobil (NYSE:XOM) is planning a carbon capture utilisation and storage (CCUS) project at its giant Cepu block in East Java, said Dwi Soetjipto, the head of Indonesia’s upstream regulator SKK Migas.

Speaking earlier this week, he said that SKK Migas has approved CCUS projects at BP’s (LON:BP) Tangguh liquefied natural gas (LNG) project in Papua, ExxonMobil’s Cepu Block, as well as for the Inpex-led (TYO:1605)

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