Air Liquide, Chevron, Keppel Infrastructure and PetroChina explore CCUS solutions in Singapore
Air Liquide, Chevron, Keppel Infrastructure, and PetroChina announced they have signed a memorandum of understanding to form a consortium which will aim to evaluate and advance the development of large-scale carbon capture, utilization, and sequestration (CCUS) solutions and integrated infrastructure in Singapore.
The consortium intends to research, test, and develop technological, logistical, and operational solutions for CCUS in Singapore. In doing so, the consortium will look to provide industry-wide CCUS integrated infrastructure, primarily to support the energy and chemicals sector, by capturing and aggregating carbon dioxide (CO2) from large industrial emitters at a centralized collection facility.
The CO2 could then be utilized to make useful products, such as plastics, fuels, and cement, and/or transported through either pipelines or ships to suitable reservoirs in the Asia Pacific region for sequestration via a process of injecting CO2 into deep underground geologic formations for permanent and secure storage.
Michele Gritti, vice president, Large Industries and Energy Transition, Air Liquide SEA Cluster, said: "Supporting the decarbonization of industry to help address the urgency of climate change is a priority. We are pleased to collaborate with Keppel Infrastructure, Chevron, and PetroChina in this decarbonization endeavor, leveraging our expertise and experience in carbon capture, purification, and liquefaction to build a comprehensive carbon capture decarbonization solution. In line with its Climate Objectives, Air Liquide is committed to support Singapore’s drive to achieve net-zero by 2050."
Chris Powers, vice president, CCUS, Chevron New Energies, said: "Chevron believes the future of energy is lower carbon, and we are committed to advancing technologies and forming strategic relationships to make it happen. We look forward to working with like-minded collaborators to progress and advance the development of large-scale CCUS solutions in the Asia Pacific region for decades to come."
Chua Yong Hwee, executive director (New Energy), Keppel Infrastructure, said: "Hard-to-abate sectors need to leverage technology and innovation to transit towards net zero CO2 emissions. Keppel Infrastructure is well-positioned to support efforts to decarbonize key sectors, given our experience as a leading developer, technology solutions provider and operator of energy and environmental infrastructure in Singapore and the region. In line with Keppel’s Vision, 2030, which places sustainability at the core of its strategy, our collaboration with Air Liquide, Chevron and PetroChina will enable us to take another step towards addressing Singapore’s needs for a low carbon economy."
Li Shaolin, managing director of PetroChina International (Singapore), said: "There are various pathways to decarbonization, and CCUS has been identified as a strategic pathway to be thoroughly evaluated and developed. PetroChina is pleased to be part of this consortium with Air Liquide, Keppel Infrastructure and Chevron; a partnership that will leverage one another’s strengths, capabilities and respective ecosystems towards the advancement of large-scale CCUS solutions in Singapore. Participating in this initiative is our commitment to ensure harmony between the development of the energy industry and the environment, as we endeavor to make meaningful contributions towards Singapore’s goal of achieving Net Zero."
Petrochemical producers have recently confronted unprecedented volatility in crude oil prices and limits on advantaged feedstock, while the refining and gas sectors remain ...
While grab sampling can be a dangerous and hazardous process for both operators and their surrounding environment, too often safety takes a back seat to other day-to-day ...
Technip Energies and MetGen Oy, announce a collaboration for the industrialization of METNIN® technology for the valorization of lignin. Lignin is a high-volume waste ...
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced that Lihuayi Weiyuan Chemical Co., Ltd. selected its Novolen ...
Yokogawa Electric Corporation announced today that it has been selected by Shell Plc to be the main automation contractor (MAC) for the construction of its Holland Hydrogen ...
Indian Oil Corporation Limited (NSE: IOC | ISIN: INE242A01010) is expanding the petrochemical capacity of its Gujarat refinery (LuPech Project). Nuberg EPC, the leading ...
Sinopec Zhenhai Refinery of China Petroleum & Chemical Corporation obtained a bio-jet fuel airworthiness certificate issued by the Civil Aviation Administration of ...
KBR announced today that it has signed a master license and engineering agreement with Giammarco-Vertrocoke S.R.L. for KBR to license its carbon capture technology globally. This ...
Air Liquide, Chevron, Keppel Infrastructure, and PetroChina announced they have signed a memorandum of understanding to form a consortium which will aim to evaluate and ...
Neste Corporation and Marathon Petroleum Corporation (Marathon) announced an agreement to establish a 50/50 joint venture to produce renewable diesel following ...