Indonesia's Pertamina, ExxonMobil, KNOC Sign Deal for CCS Hub Development

OIL AND GAS - TANGERANG. Indonesia's state energy firm Pertamina, U.S. major ExxonMobil and South Korea's KNOC on Wednesday signed a framework agreement for a carbon capture and storage (CCS) hub development in Indonesia.

Pertamina and ExxonMobil also signed a deal for preliminary work to develop and build the CCS hub in the Sunda-Asri basins in the Java sea.

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