bp and partners approve $7bn Tangguh UCC project in Indonesia

bp and partners approve $7bn Tangguh UCC project in Indonesia

bp, in collaboration with its Tangguh production sharing contract partners, has announced a final investment decision for the $7 billion Tangguh Ubadari, CCUS, and Compression project (UCC) in Papua Barat, Indonesia. The initiative aims to unlock approximately 3 trillion cubic feet of additional gas resources, meeting Asia’s growing energy needs while advancing carbon capture and […]