First steps to establish collaboration to conduct feasibility study for the utilisation of flare gas to power High Performance Computing
Waiys, a leading innovator in creating a sustainable bridge between excess energy and the exponentially growing demand for power for the High-Performance Computing (HPC) industry, today is pleased to announce it has signed a Memorandum of Understanding (MoU) for a Strategic Alliance with PT Pertamina EP (PEP), the Republic of Indonesia’s national oil and gas company based in Jakarta.
The parties intend to carry out a joint feasibility-study for the potential deployment of Waiys’ modular data centre infrastructure at locations within PEP’s Zone 7 working area on-shore Indonesia to assess the usage of flare gas to power HPC applications.
The collaboration will benefit from Waiys’ expertise in turning excess energy, that would otherwise be wasted through gas flaring, into power for its leading-edge, modular datacentres and PEP’s commitment to operational excellence and enhanced environmental standards.
Waiys solution offers energy companies within wind, solar, geo-thermal and fossil fuel markets a powerful and unique ESG solution for utilising excess or otherwise wasted energy to create new commercial value and reduce emissions.
Both parties share a positive market outlook for the demand for power for data storage and processing services, as well as a commitment to contributing positively to a reduction in GHG emissions during the global energy transition.
«We are proud to announce the beginning of our collaboration with Pertamina EP today, marking another important milestone on Waiys’ mission to deploy our powerful ESG solution to tackle the ongoing challenges of wasted energy and the environmental impact of gas flaring. It is always encouraging to work a quality partner that shares our vision of supporting the global energy transition through the creation of sustainable and innovative business models.»
“We are happy to announce the beginning of the cooperation between our firms today, and we look forward to working with the Waiys team to support our goals to reduce emissions and achieve more environmentally sustainable operations.” added Dwi Mandhiri Heru Susanto, VP Production & Operation at PT Pertamina EP
Notes to Editors
For media enquiries please contact
Marie Andrea Stenfeldt
Email: marie@waiys.no
About Waiys
Waiys provides a sustainable solution for powering datacentres by utilizing excess energy from wind, solar, geo-thermal and gas to cater for the increased computing power demand – without any negative impact on existing grids.
The company positions scalable modular datacentre units at local power production facilities around the world, taking advantage of the most energy-efficient technologies to utilise the excess energy on site for HPC when no other offtake is commercially viable, or when demand and energy prices are low.
About PT Pertamina
EP Pertamina EP is a company that carries out business activities in the upstream sector of the oil & gas sector, including exploration and exploitation.
PT Pertamina EP was established on September 13, 2005. In line with the formation of PT Pertamina EP, on September 17, 2005, PT Pertamina (Persero) has signed a cooperation contract with BPMIGAS (now SKKMIGAS) retroactively since 17 September 2003 of all Oil and Natural Gas Mining Authority conferred by law based on Law No. 22 Year 2001 regarding Oil and Natural Gas.
Most of the territory of PT Pertamina (Persero) is separated into Work Area (WK) PT Pertamina EP. At the same time, PT Pertamina EP also signed the Pertamina Oil and Gas Contract for Pertamina EP Working Area on September 17, 2005 with BPMIGAS (now SKKMIGAS) effective from September 17, 2005.
Thus the Work Area of PT Pertamina EP is a Work Area which was formerly managed by PT Pertamina (Persero) and Work Area managed by PT Pertamina (Persero) through TAC (Technical Assistance Contract) and JOB EOR (Joint Operating Body Enhanced Oil Recovery).
For further details please visit https://pep.pertamina.com/Default
