Bangkok, 8 September 2025 – PTTEP has reached the final investment decision (FID) on Carbon Capture and Storage Project (CCS) at the Arthit gas field.
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The project is expected to cost about $725 million (1 trillion won) and will be awarded based on both pricing and non-price factors, such as contributions to domestic industry and battery recycling capabilities.
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For this type of project, the product logic is practical: use a robust cold-rolled steel electrical enclosure, protect it with a durable outdoor powder coated outdoor cabinet finish, design the structure for IP55 outdoor cabinet performance where appropriate, and combine.
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The plots will be developed in two phases but with the goal of at least 2 GW of offshore wind energy capacity by 2030. In addition to releasing its draft plan, the Greek government has also proceeded with issuing the first two licenses for pilot projects in the north Aegean.
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