Page 12 - NorthAmOil Week 48 2022

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Coast Guard led the comprehensive, almost “We are excited to partner with B&W to chain, from capture to sequestration. The
four-year environmental review of this accelerate further progress in the growing collective will harmonise existing frameworks
project. The ROD includes reviews by more hydrogen economy, in particular, for bringing and requirements through Project Canary’s
than a dozen Federal governmental agencies, more efficient and scalable solutions,” said digital platform into high-fidelity data-driven
including the Army Corps of Engineers and Jill Evanko, Chart’s CEO and president. “The measurement, reporting, and verification
Environmental Protection Agency, as well as combination of our respective companies’ (MRV) for CCS. The collective is working
reviews and approvals by the State of Texas. hydrogen, CO2 and chemical technology with Advanced Resources Int. (ARI) as a
ENTERPRISE PRODUCTS PARTNERS, November expertise is expected to bring more innovative subsurface evaluation risk and data partner.
30, 2022 and cost-effective offerings to customers Progressive policy and funding incentives
looking to low-carbon intensity hydrogen to from the Bipartisan Infrastructure Law and
help achieve their carbon emission reduction the Inflation Reduction Act have created
ENERGY TRANSITION goals.” the environment necessary to accelerate the
BABCOCK & WILCOX AND CHART INDUSTRIES, development and scaling of CCS and other
Babcock & Wilcox and Chart December 01, 2022 decarbonisation technologies. In addition
to economic and policy drivers, the future
Industries to collaborate Hess Midstream publishes of the CCS industry depends on the trust of
all stakeholders, including the public. The
on hydrogen innovation sustainability report members of this collective have brought
together their substantial expertise to inform
utilising B&W’s BrightLoop Hess Midstream today announced publication the development of data driven solutions
of its 2021 Sustainability Report as part
needed to ensure confidence in CCS as a
technology of its commitment to transparency about foundational climate solution. Participants
recognise that collaboration and third-party
environmental, social and governance plans
Babcock & Wilcox (B&W) announced and performance. The report is available on independent validation of aggregated and
today that it has entered into an agreement the Hess Midstream website. analysed data for CCS MRV will generate
with Chart Industries to collaborate on the Leading sustainability reporting the trust required to deploy CCS projects at
further deployment of B&W’s BrightLoop frameworks were used to develop the Hess pace and scale. Project Canary’s digital MRV
hydrogen generation technology, utilising Midstream Sustainability Report including platform will increase the accuracy, efficacy,
Chart’s integrated hydrogen liquefaction and the Energy Infrastructure Council and GPA and transparency of CCS facility-level data
cryogenic carbon capture equipment and Midstream Association Environment, Social across each industry segment, providing
expertise. Together, this solution provides and Governance Reporting Template; the trusted measurable insights on environmental
economic generation of low-carbon hydrogen Sustainability Accounting Standards Board risks and performance. Outcomes from
and supplies cost-effective, transportable standard for oil and gas – midstream; the the collective will harmonise the myriad
forms of liquid hydrogen and carbon dioxide. Taskforce for Climate-Related Financial of existing and emerging CCS frameworks
B&W and Chart will also work together Disclosures; and the Global Reporting or standards, simplifying the ability to
to develop sales and marketing strategies for Initiative Standards. differentiate projects, players, and CO2
potential commercial hydrogen and carbon HESS MIDSTREAM, November 29, 2022 molecules to all interested stakeholders.
capture customers and projects. “Climate action requires innovation,
“This collaboration agreement with Six industry leaders ingenuity, and, most importantly, partnership.
Chart offers tremendous opportunity to This collective represents a critical step in
further deploy B&W’s advanced BrightLoop collaborate to accelerate nurturing mission-critical decarbonisation
technology,” said Kenneth Young, Chairman projects,” said Chris Romer, CEO of Project
and Chief Executive Officer, B&W. “Chart development of carbon Canary. “Data and analytics must be at the
is recognised as an industry leader in foundation of any net-zero goals – we’re proud
liquefaction of CO2 and hydrogen, and their capture and sequestration to lead the charge towards measured progress
expertise will complement B&W’s proven alongside our partners.”
chemical looping technology as we work market The collaboration between these founding
together to identify new opportunities to grow companies (additional collective members
our respective businesses.” Denbury, IMA Financial Group, Enerflex, will be announced in the coming year) will
“Low-carbon intensity hydrogen is already Wolf Carbon Solutions US, Advanced set forth the framework and standards to
playing a key role in the global effort to reduce Resources International and Project Canary ensure that CO2 volumes are safely captured,
emissions and combat climate change,” Young have joined forces to support the development transported, and permanently sequestered.
said. “We’re excited to use our technologies of third-party independent environmental Reliable interconnected data will help
and expertise to help customers across the assessments and data measurement for maximise the efficiency of capital allocation,
power and industrial markets achieve their carbon capture and sequestration (CCS). catalyse market-based solutions, and solidify
greenhouse gas and emissions reduction Each partner brings significant expertise and social licence to operate.
targets.” perspective from across the carbon value PROJECT CANARY, November 29, 2022

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