CO2CRC welcomes ExxonMobil as its newest member
CO2CRC is pleased to welcome Esso Australia Pty Ltd as its newest member company. Esso Australia is a subsidiary of ExxonMobil Australia Pty Ltd and ExxonMobil Corporation based in Houston.
“ExxonMobil is an industry leader in developing and utilising technological solutions to reduce greenhouse gas emissions. We are very pleased to have such a high-quality organisation contributing to CO2CRC’s work program,” said David Byers, CEO of CO2CRC.
“CO2CRC’s carbon capture, utilisation and storage (CCUS) research program is an outstanding example of successful collaboration between federal and state governments, Australian and international industry and local and global research institutions to deliver cutting edge emissions reduction technologies for industry,” he said.
Chairman of the ExxonMobil Australia Group of Companies, Nathan Fay, said the company was looking forward to collaborating with CO2CRC through its membership.
“Around the world, ExxonMobil engineers and scientists have researched, developed and applied technologies that could play a role in the widespread deployment of carbon capture and storage for more than 30 years,” said Nathan.
“Globally, we have a working interest in approximately one-fifth of the world’s total carbon capture capacity, and have captured more carbon dioxide than any other company.
“Through collaborating with CO2CRC, our Australian team is looking forward to contributing to this work and exploring technologies and ideas in carbon capture, utilisation and storage,” said Nathan.
– ends –
For more information please contact:
Justine Loe, CO2CRC communications on 03 8595 9600 or email@example.com
About ExxonMobil in Australia
ExxonMobil, the largest publicly traded international oil and gas company, uses technology and innovation to help meet the world’s growing energy needs. ExxonMobil holds an industry-leading inventory of resources, is one of the largest refiners and marketers of petroleum products, and its chemical company is one of the largest in the world. The ExxonMobil Australia group has been operating in Australia since 1895. Learn more about us at www.exxonmobil.com.au. Follow us on Twitter: @exxonmobil_aus
Operating since 2003, CO2CRC is a world leader in carbon capture, utilisation and storage (CCUS) research. It is an incorporated not-for-profit research organisation funded through government grants, membership fees and direct investments from industry and research bodies.
CO2CRC’s Otway National Research Facility has been the centrepiece of CCUS technology advancement in Australia for over 15 years. To date over $100 million has been invested in the Otway facility to demonstrate real-world capture, injection, storage and monitoring techniques.
CO2CRC’s current flagship project, Otway Stage 3, is a $45m investment to develop technologies which cost-effectively monitor the CO2 in the subsurface, providing CO2 measurement and imaging information on-demand and with minimal surface and environmental impact. The project is jointly funded by the Victorian State Government, Commonwealth Government, COAL21 through ANLEC R&D, and BHP and brings together Australian and international CCUS researchers, industry, government and regulators in a unique collaboration.