Woodside inks CCS MoU with KEPCO
PERTH (miningweekly.com) – Oil and gas major Woodside will collaborate with Japanese company Kansai Electric Power Co (KEPCO) on carbon capture and storage (CCS).
The two companies have inked a non-binding memorandum of understanding (MoU) that will enable studies of a potential CCS value chain between Japan and Australia.
Under the MoU, KEPCO plans to research the capture of carbon dioxide (CO2) emitted from its thermal power plants and its transport to Australia. Woodside is progressing CCS projects in Australia and will conduct the study of injection and storage of CO2 delivered from Japan as well as the potential production of synthetic methane (e-methane).
The MoU outlines a generic value chain study, that will consider the end-to-end technical and commercial factors with the aim of progressing a future CCS value chain between Japan and Australia.
Woodside said on Thursday that the studies include an evaluation of storage opportunities in some of Australia’s offshore basins.
Woodside executive VP Shaun Gregory said the MoU reflected the increasing demand for large-scale decarbonisation solutions from Woodside’s industry partners in the Asia-Pacific region.
“CCS has the potential to provide a pathway for Woodside’s customers and value chain participants in the region to decarbonise their own industrial emissions,” he said.
“Australia, with its unique geology and offshore storage potential, has an opportunity to play a role in this emerging market, supporting the broader Asia-Pacific region in their climate goals and net zero aspirations.”
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation