Worldwide partnership set as much as ship CCS mission in Gulf of Mexico

Carbon-Zero US, Cox Working, Crescent Midstream and Repsol have established a partnership to develop one of many largest offshore hubs for everlasting storage of carbon dioxide within the Gulf of Mexico space.  

Along with its carbon seize and storage (CCS) mission companions, Carbon-Zero not too long ago lodged an utility for US Division of Power’s (US DOE) CarbonSAFE program for a pilot in one of many proposed carbon dioxide storage places. The proposed mission makes method into offshore storage fields from Crescent and Cox’s Grand Isle, Louisiana amenities. 

As one of many largest homeowners of power infrastructure within the offshore Gulf of Mexico, Cox plans to repurpose amenities and tools to decrease the mission’s carbon footprint throughout market-based power transition.  

In line with the partnership, an preliminary FEED examine has been accomplished by Crescent Midstream for a 110-mile carbon dioxide pipeline from Geismar to Grand Isle, utilizing present Crescent pipeline rights of method. 

Jerry Ashcroft, CEO of Crescent Midstream, mentioned: “Crescent has the data and expertise to create and function the important connection between carbon dioxide emitters and sequestration suppliers. Crescent additionally has one of many lowest carbon footprints of any oil and gasoline firm and can obtain carbon neutrality at the start of 2023.” 

Brad Cox, chairman of Cox Working and Carbon-Zero, added: “We’re thrilled to be a part of a market based mostly resolution that’s main the way in which for CCS within the Gulf of Mexico. The way in which we see it’s that CCS equals jobs.“