Power firms create carbon seize partnership to develop huge CO2 storage challenge in Gulf of Mexico

World Oil


(WO) — Carbon-Zero US LLC, Cox Working LLC, Crescent Midstream and Repsol introduced a partnership to develop one of many Gulf Coast’s largest offshore hubs for the everlasting storage of carbon dioxide.

 

Energy companies create carbon capture partnership to develop massive CO2 storage project in Gulf of Mexico- oil and gas 360

Supply: World Oil

Cox is among the many largest house owners of vitality infrastructure within the offshore Gulf of Mexico and intends to repurpose services and tools to decrease the carbon seize and sequestration challenge’s carbon footprint throughout a market-based vitality transition.

Cox’s present leasehold consists of greater than 600 wells in 66 offshore fields doubtlessly containing the most important carbon dioxide storage quantity owned by a single operator within the Gulf of Mexico.

Crescent Midstream, a Louisiana-based pipeline operator, has intensive onshore and offshore pipeline building and operations expertise within the Gulf of Mexico.

Together with its CCS hub companions, Carbon-Zero lately utilized to the Division of Power for the CarbonSAFE program for a pilot in one in all their proposed carbon dioxide sequestration areas. The proposed challenge accesses offshore storage fields from Crescent and Cox’s Grand Isle, Louisiana, services.

Crescent Midstream accomplished an preliminary FEED examine for a 110-mile carbon dioxide pipeline from Geismar to Grand Isle, using current Crescent pipeline rights of means.

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