BP approves a $7B investment in Indonesia's Tangguh project, featuring its first-ever carbon capture, utilization, and storage technology while aligning energy expansion with sustainability goals.
UK oil giant BP on Thursday unveiled a $7-billion joint project aiming to unlock around 3 trillion cubic feet of additional gas resources at its Tangguh site in Indonesia's West Papua province.
bp has operated in Indonesia for more than fifty-five years, and the strength of our relationships enables us to bring deep technical experience in helping to deliver this innovative development.” ...