Page 10 - NorthAmOil Week 48 2022
P. 10

NorthAmOil                               ENERGY TRANSITION                                        NorthAmOil


       Enbridge, Oxy to explore building




       CO2 pipeline, CCS hub




        TEXAS            CANADA-BASED Enbridge and Oxy Low      “We look forward to working with Enbridge
                         Carbon Ventures (OLCV), a subsidiary of Occi-  as we advance our plans to develop sequestra-
                         dental Petroleum, will work towards jointly  tion hubs that will provide a practical decar-
                         developing a carbon dioxide (CO2) pipeline and  bonisation solution for industrial emitters,”
                         sequestration hub near Corpus Christi, Texas.  said OLCV’s president and general manager of
                           Corpus Christi, which is located on the Gulf  sequestration, Jeff Alvarez. “This collaboration
                         Coast, is a centre of heavy industry, includ-  will help accelerate the path to net zero not only
                         ing Enbridge facilities, that results in a lot of  for ourselves, but for other organisations who are
       Corpus Christi is   emissions.                         exploring end-to-end solutions to capture, trans-
       a centre of heavy   Enbridge would develop, construct, and  port and permanently store CO2,” he added.
       industry responsible for   operate the pipeline facilities and OLCV would   Enbridge owns and operates pipelines
       considerable volumes of   develop, build and operate the sequestration  throughout North America, transporting crude,
       carbon emissions.  facilities. The two companies would jointly mar-  natural gas, and natural gas liquids. It moves
                         ket the CO2 pipeline and sequestration services  about 30% of the crude oil produced in North
                         to other third-party CO2 point source emitters  America, and transports nearly 20% of the natu-
                         in the areas of Ingleside and Corpus Christi.  ral gas consumed in the US.
                           “This is a unique opportunity for two organi-  OLCV is focused on advancing low-carbon
                         sations to pair complementary skill sets in a way  technologies and services that enhance Occiden-
                         that decarbonises our own facilities and provides  tal’s business while reducing emissions. OLCV
                         a platform for our industrial neighbours who  also invests in the development of low-carbon
                         are also seeking to reduce their emissions,” said  fuels and products, as well as sequestration
                         Enbridge’s executive vice president and president  services to support carbon capture and storage
                         of liquids pipelines, Colin Gruending.  (CCS) projects globally.™



       ExxonMobil, MHI partner on carbon capture





        GLOBAL           EXXONMOBIL and Mitsubishi Heavy Indus-  CO2 emissions from their petrochemical,
                         tries (MHI) have joined forces to deploy MHI’s  refining and power generation facilities. The
                         carbon capture technology as part of Exxon-  company has also announced plans to build a
                         Mobil’s end-to-end carbon capture and storage  blue hydrogen production plant and one of the
                         (CCS) services for industrial customers.  world’s largest CCS projects at its integrated site
                           The two companies bring complementary  in Baytown, Texas.
                         capabilities to facilitate industry decarbonisation   ExxonMobil and MHI have worked together
                         projects, said ExxonMobil.           to build world-scale petrochemical plants over
                           The partners will be supported by Kansai  the past two decades in Baytown and Corpus
                         Electric Power (KEPCO) to advance carbon  Christi in Texas, as well as in Singapore.
                         capture technologies that could reduce the cost   Tokyo-based MHI is the world’s largest licen-
                         of carbon dioxide (CO2) capture for heavy-emit-  sor of post-combustion CO2 capture technol-
                         ting industrial customers. The joint effort will  ogy and has been developing it for more than
                         build on the KM CDR Process and Advanced  30 years. MHI’s record includes 14 commercial
                         KM CDR Process, developed jointly by MHI and  CO2 capture plants already delivered worldwide.
                         KEPCO, which they have said is the only liquid   “We’re excited to offer our large industrial
                         amine carbon capture technology anywhere  customers the only complete carbon capture,
                         commercially demonstrated at greater than 1mn  transportation and storage solution in the mar-
                         tonnes per year (tpy).               ket,” said ExxonMobil Low Carbon Solutions’
                           Super-major ExxonMobil has more than 30  president, Dan Ammann. “Adding Mitsubishi
                         years of experience capturing and transporting  Heavy Industries’ leading carbon capture tech-
                         CO2 and injecting it into geological formations.  nology to ExxonMobil’s transportation and stor-
                         ExxonMobil has said it has captured more CO2  age capabilities enables this compelling offering,”
                         than any other company – 120mn tonnes –  he added.
                         accounting for around 40% of all the anthropo-  “Carbon capture and storage technology and
                         genic CO2 that has ever been captured.  innovation are critical to our path to net zero,”
                           ExxonMobil is one of 14 companies in the  said MHI Engineering’s president and CEO,
                         greater Houston area interested in capturing  Kenji Terasawa.™



       P10                                      www. NEWSBASE .com                      Week 48   01•December•2022
   5   6   7   8   9   10   11   12   13   14