Pertamina, an Indonesia state-owned oil and gas corporation, has revealed that it is exploring Rig-to-CCS (carbon capture storage) developments with Korea National Oil Company (KNOC).
The collaboration aims to repurpose offshore oil and gas platforms into CCS facilities and is being pursued through a joint study agreement. This was signed by Nicke Widyawati, President Director of Pertamina, and Dong Sub Kim, President & CEO of KNOC, in a bid to reduce emission and support net zero commitments.
“I highly appreciate this collaboration. Apart from enriching CCS studies, this collaboration also helps address Indonesia's challenges regarding abandonment and site restoration (ASR) of offshore platforms,” remarked Widyawati.
“The cost of conventional ASR or decommissioning is extremely high, necessitating an alternative ASR solution, especially reutilisation, in order to ensure the gradual and efficient implementation of ASR for these offshore platforms.”
Oki Muraza, the Senior Vice President of Research and Technology Innovation of Pertamina, added, “This collaboration could be extended to the development of Rig-to-Wind Farm, Rig-to-Fish-Farm, and Rig-to-LNG Terminal to transport natural gas to locations where energy facilities are yet to be established.”
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