Home
Offshore
bp’s $7 billion Tangguh expansion aims to unlock 3 trillion cubic feet of gas in Indonesia

bp’s $7 billion Tangguh expansion aims to unlock 3 trillion cubic feet of gas in Indonesia

by | Nov 26, 2024 | Offshore

bp and its partners have approved a $7 billion investment in the Tangguh Ubadari, CCUS, and Compression (UCC) project in Papua Barat, Indonesia. The development is expected to unlock around 3 trillion cubic feet of additional gas resources, aiming to meet the rising energy demand in Asia.

← Previous Next →

Latest News

UK weighs early end to North Sea windfall tax amid talks with oil and gas producers

Feb 26, 2026

UK officials are holding talks with North Sea oil and gas producers on potentially ending the...

Guyana president to open OTC 2026 in Houston as offshore investment surges

Feb 26, 2026

Guyana President Irfaan Ali will deliver the opening address at OTC 2026 in Houston, highlighting...

Saipem drillship acquisition canceled as Deep Value Driller sells unit to third party

Feb 26, 2026

Saipem said it will not complete its planned acquisition of the Deep Value Driller drillship after...

Your Portal to Offshore Decommissioning Insights

bp’s $7 billion Tangguh expansion aims to unlock 3 trillion cubic feet of gas in Indonesia

Latest News

UK weighs early end to North Sea windfall tax amid talks with oil and gas producers

Guyana president to open OTC 2026 in Houston as offshore investment surges

Saipem drillship acquisition canceled as Deep Value Driller sells unit to third party

Categories

Subscribe to our Newsletter

Thank you for subscribing to us.

About GODA

Quick Links

Subscribe to our Newsletter

Thank you for subscribing to us.