Santos Bayu-Undan joint venture and Timor Gap sign MoU for CCS

Australian oil and gas exploration and production company, Santos and its Bayu-Undan joint venture partners have signed a memorandum of understanding (MOU) with national oil company, Timor Gap.

This is to explore partnership opportunities for the proposed Bayu-Undan carbon capture and storage (CCS) project offshore Timor-Leste, Asia.

Read more here.

Source: www.tankstoragemag.com