Corpus Christi Carbon Storage Hub Awarded to World-Class Team Led by Repsol
Retrieved on:
星期二, 九月 5, 2023
Other Energy, Utilities, Manufacturing, Oil, Gas, Coal, Environmental Health, Alternative Energy, Energy, Environment, Mining, Minerals, Sustainability, Natural Resources, Climate Change, Steel, Carbon, Mitsui, Partnership, Texas General Land Office, O&G, PSF, GLO, Port, Lead, Port of Corpus Christi, POSCO, Information economy, POSCO International, CCS, Permanent School Fund, CO2, Renewable energy, MEPUSA, Repsol
The Texas General Land Office (GLO) awarded a Repsol-led partnership a contract for over 140,000 gross acres of pore space owned by of the Permanent School Fund (PSF) for CO2 storage located offshore of Corpus Christi, Texas.
Key Points:
- The Texas General Land Office (GLO) awarded a Repsol-led partnership a contract for over 140,000 gross acres of pore space owned by of the Permanent School Fund (PSF) for CO2 storage located offshore of Corpus Christi, Texas.
- Equity interests in the partnership will be 40 % Repsol (Operator), 40 % Carbonvert, 10 % MEPUSA and 10 % POSCO.
- David Ramos, Geological Low Carbon Solutions Director for Repsol said: “Repsol is excited to lead and operate this project that will ultimately add to our strong presence in the country through our O&G operations and Low Carbon projects.
- Corpus Christi is a strategic region for Repsol pursuing Low Carbon developments where the Port of Corpus Christi plays an essential role for the industry.