Joint Study Agreement for a Feasibility Assessment on BECCS in South Sumatra, IndonesiaJoint Study Agreement • August 28th, 2024
Contract Type FiledAugust 28th, 2024Marubeni Corporation (hereinafter, “Marubeni”) and Japan Petroleum Exploration Co., Ltd. (hereinafter, “JAPEX”) have entered into a joint study agreement with PT Pertamina (Persero) (hereinafter, “PT Pertamina”), an Indonesian state-owned enterprise engaged in integrated energy, and its subsidiary PT Pertamina Hulu Energi (hereinafter, “PHE”) to conduct a feasibility assessment on BECCS*1 at a pulp mill and nearby oil field area in South Sumatra Province, Indonesia (hereinafter, the “Study”).