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About Us

  1. 1.CCUS Technology
  2. 2.Superior LNG Assets
  3. 3.Safe and Stable Operations

1.CCUS Technology

An accumulated store of initiatives and knowledge for CO2 capture utilization and storage (CCUS) in the United States, Indonesia, and elsewhere

We implement CO2-EOR projects as a form of CCUS to address the problem of global warming. Through them, we aim to increase oil production while greatly reducing the amount of CO2 that is released into the atmosphere. In the United States, for example, we are operating a major commercial project that involves capturing CO2 released from a coal-fired power station's flue gas and injecting it into an oil field. Based on our success here, we are conducting joint studies with Indonesia, Malaysia, and other oil-producing countries that help us build stronger relationships and acquire new business.

2.Superior LNG Assets

Superior LNG assets in Malaysia, Indonesia, and Papua New Guinea

Malaysia

Producing since 2003, the SK10 Project offshore of Sarawak is a key undertaking for which we handle exploration, development and production as the operator. The natural gas that is produced from this block is sent to a liquefaction plant operated by Malaysia LNG Tiga Sdn Bhd (of which ENEOS is an investor), liquefied at the plant, and then sold as LNG to customers in Japan.

Indonesia

We have been involved in the Tangguh LNG Project, which ranks as our second LNG project following the SK10 Project in Malaysia, from the exploration stages. The project began producing in 2009, and in 2016 a final investment decision was made to implement an expansion project that will add a liquefaction process train to the LNG plant. In September 2023, Tangguh train 3 has started commercial operation and first shipment of LNG produced by Train 3. The LNG that is produced helps meet Indonesia's energy demand, which is expected to increase in the years ahead. A portion is also sold to customers in Japan.

Papua New Guinea

We have been involved in the PNG LNG Project, which ranks as our third LNG project following those in Malaysia and Indonesia, from the business feasibility study stage. The project links highland production facilities with a liquefaction plant and exporting facilities in Papua New Guinea's capital of Port Moresby through an onshore and subsea pipeline that extends for more than 700 kilometers. It began production in 2014 and supplies LNG to Japan and other Asian nations.

3.Safe and Stable Operations

Safe and stable operations with emphasis on maintaining long-term relationships with oil-producing governments and regions

In Southeast Asia and the Middle East, NOEX enjoys the benefits of existing infrastructure and project networks as well as the trust of the governments of oil-producing countries and state-owned oil companies. We will actively pursue further business expansion with focus on safe and stable operations in these regions.