https://www.miningweekly.com
Energy|Exploration|Gas|Infrastructure|Oil And Gas|Oil-and-gas|PROJECT|Projects|Storage|Technology|Testing|Infrastructure
Energy|Exploration|Gas|Infrastructure|Oil And Gas|Oil-and-gas|PROJECT|Projects|Storage|Technology|Testing|Infrastructure
energy|exploration|gas|infrastructure|oil-and-gas|oilandgas|project|projects|storage|technology|testing|infrastructure

Chevron invests A$38m in Australian CCS

10th February 2023

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – US energy major Chevron this week announced that it would contribute A$38-million to carbon capture and storage (CCS) research projects in Western Australia and Victoria, advancing knowledge of the critical emissions technology for a lower carbon future.

A$22-million has been committed to the Barrow Dampier CCS Regional Study, which is led by global technology company SLB, and supports a three-dimensional seismic and storage assessment to identify new CCS opportunities in the Carnarvon basin, offshore Western Australia.

Chevron Australia has also committed A$16-million to support development of new infrastructure at the Otway International Test Centre in Victoria. The project, which is managed by Australian CCS research organisation CO2CRC, will enable testing of carbon dioxide (CO2) migration and validation of new modelling techniques that could improve storage processes in future CCS projects.

Chevron Australia general manager: asset development Michelle LaPoint said the company was committed to advancing the deployment of CCS technology in Australia.

“Chevron has decades of operational experience, a proven track record of carbon-capture projects and is already deploying CCS technologies in locations across the globe, including at Gorgon in Western Australia, one of the world’s largest integrated CCS projects,” LaPoint said.

“Our experience continues to reaffirm our confidence in the emissions reduction opportunities of CCS and we’re proud to support SLB and CO2CRC in projects that will advance research into this critical technology.”

When completed, the two projects will satisfy Chevron’s expenditure commitments under a good standing agreement entered into by Chevron Australia and the Joint Authority for the Commonwealth/South Australia offshore area with respect to Exploration Permits EPP44 and EPP45 in the Great Australian Bight.

Chevron in 2021 conceded that it had failed to capture sufficient greenhouse-gas (GHG) emissions at its Gorgon oil and gas project and was now working with the Western Australian regulator to make up the shortfall. The company at the time announced a A$40-million investment in lower carbon projects in Western Australia to address this shortfall.

Under the terms of the project’s approval, the Gorgon liquefied natural gas operation is meant to capture four-million tonnes a year of CO2, or 80% of the carbon extracted from its reservoir gas, and reduce GHG emissions by more than 100-million tonnes over the life of the injection project.

Edited by Creamer Media Reporter

Comments

Showroom

Alco-Safe
Alco-Safe

An unmanned breathalyser that is made to be tough and simple to use. Can be used in any environment for operator-free breathalyser testing.

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Hyphen, Eva mine, ferrochrome price make headlines
Hyphen, Eva mine, ferrochrome price make headlines
27th March 2024
Resources Watch
Resources Watch
27th March 2024

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?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.117 0.154s - 92pq - 2rq
Subscribe Now