PGEO – Partners with Chevron and Mubadala Energy

PGEO – Partners with Chevron and Mubadala Energy Pertamina Geothermal Energy (PGEO) has entered into a Joint Study Agreement (JSA) with Chevron New Energies International and Mubadala Energy to jointly explore geothermal potential in Kotamobagu, North Sulawesi, Indonesia. The collaboration aims to harness the collective strengths of the three entities for the development of geothermal resources in the region. PGEO sees this agreement as a comprehensive framework aligned with Indonesia's recent commitment to increase geothermal capacity by 3.3 gigawatts before 2030. The company is optimistic about the partnership's role in advancing sustainable energy growth and looks forward to integrating technical expertise for successful geothermal exploration. (Source: Bisnis Indonesia)