ExxonMobil begins design studies for Australia carbon capture hub
ExxonMobil is undertaking early front-end engineering design studies to determine the potential for CCS to reduce GHG emissions from multiple industries in the Gippsland Basin.
The South East Australia CCS (SEA CCS) hub would initially use existing infrastructure to store CO2 in the depleted Bream field off the coast of Gippsland, Victoria. The company is in active discussions with local industries, which may be interested in accessing the SEA CCS hub to reduce emissions from their operations.
The project is designed to capture up to 2 MM metric tpy of CO2. If technical and business feasibility is confirmed, the SEA CCS hub could be operational by 2025.
“Collaboration with other industries is an important step to unlock future carbon capture and storage opportunities for Australia, with the potential for large-scale reductions in the highest emitting industrial sectors,” said Joe Blommaert, president of ExxonMobil Low Carbon Solutions. “Sound government policies will accelerate the deployment of key technologies required to support society’s ambition for a net-zero future.”
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