10 June 2025 - Energy and marine consultancy ABL, a subsidiary of ABL Group ASA,
has been awarded a sizeable* contract to provide marine warranty survey (MWS)
services to bp's Tangguh UCC project in Indonesia. 

The Tangguh UCC Project comprises Ubadari field development, enhanced gas
recovery through carbon capture, utilization and storage (EGR/CCUS) and onshore
compression, operated by bp in Papua Barat Province, Indonesia. 

Tangguh's EGR/CCUS, part of the UCC Project, aims to be the first CCUS project
developed at scale in Indonesia, with potential for sequestering around 15
million tonnes of CO2 from Tangguh's emissions in its initial phase.

P.T. JGC Indonesia has been contracted by bp as the Onshore Engineering,
Procurement, Construction and Installation (EPCI) Contract for the Tangguh UCC
Project in Indonesia and will be responsible for installation of the onshore
compression facilities at the Tangguh LNG Plant.

New units at the onshore LNG facility mainly consist of Hydrocarbon Compressors
(2,350 MMSCFD) to boost natural gas pressure from the existing gas wells, EGR
Compressors (270 MMSCFD) to collect and compress acid gas from the existing acid
gas removal unit, and a newly-built combined cycle power plant as well as
associated utilities.

P.T. JGC Indonesia has contracted ABL to support their scope through the
provision of Marine Warranty Survey Services. ABL's operations in Indonesia have
been awarded the contract and will manage the project's scope of work, which
includes the technical review of project documentation, drawings and
calculations relating to the transportation of the warranted cargoes, and
suitability surveys of the proposed transportation fleet for these cargos. 

ABL will also provide on-site attendances to witness and approve the RoRo
(roll-on, roll-off) and LoLo (lift on, lift off), loadout, transportation and
discharge of modules from Indonesian fabrications facilities along with
associated long-lead/ high value, cargo shipments from various Asian and
European ports to the Tangguh site in Papua Barat Province, Indonesia. 

It will resource the in-country site attendances locally out of its Jakarta and
Batam offices. Further, it will draw upon the support of ABL's wider global
footprint to provide site attendance and vessel surveys in the required
international project locations.  

"This project combines both ABL's market-leading reputation in marine warranty
survey and the wider ABL Group's proven expertise in key energy transition
technologies, including in CCUS and geothermal. We are delighted to be appointed
to support JGC - and bp - in this important initiative to help Indonesia meet
its growing energy demand. It is a testament to both our historic legacy in
Indonesian marine and energy sectors, with a long-term track-record in-country,
as well as to our recognised status worldwide to support clients in complex
large-scale projects of this type," says Reuben Segal, CEO of ABL Group ASA

*ABL Group defines a sizeable contract as between USD 1 and 3 million in
expected value.

(ENDS)

For further information, please contact:
Investors and financial media:
Stuart Jackson, Chief Financial Officer, ABL Group ASA
Email: stuart.jackson@abl-group.com 

Other media enquiries:
Endre Johansen, Corporate Communications AS
Telephone: +47 41 61 06 05 
Email: endre.johansen@corpcom.no 

About ABL Group
ABL Group (OSE: ABL Group ASA - ticker code "ABL") is a leading independent
global consultancy delivering energy, marine, engineering and digital solutions
to drive safety and sustainability in renewables, maritime and oil and gas
sectors. The group has offices in 44 countries worldwide and operates under four
brands: ABL - the energy and marine consultants, AGR - the energy and software
consultants, OWC - the renewable energy and consultants, and Longitude - the
design and engineering consultants.