Woodside, BP eye CCS project in Western Australia
Woodside, BP and Japan Australia LNG will undertake feasibility studies for a carbon capture and storage (CCS) project near Karratha in Western Australia, they said on November 4.
The consortium will assess technical, regulatory and commercial feasibility of capturing carbon emitted by multiple industries located near Karratha on the Burrup Peninsula and storing it in offshore reservoirs in the Northern Carnarvon basin.
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“The study represents an important step towards the development of one of Australia’s first multi-user CCS projects, ideally located to aggregate emissions from various existing sources,” the companies said. “It would also help facilitate the development of new lower-carbon industries, such as the production of hydrogen and ammonia, by providing a local solution for emissions.”
Woodside CEO Meg O’Neill said the project was an exciting opportunity to explore another technology-driven solution to reducing emissions.
“Carbon capture and storage will play a key role in Australia meeting its emissions targets and has the potential to decarbonise existing and new industry. It would be an important addition to Woodside’s carbon management options as we work towards our own aspiration of net zero by 2050,” she said.
BP senior vice president for hydrogen and CCUS Louise Jacobsen Plutt said: “With our deep expertise and experience in CCS, this is a great opportunity for bp to explore with our longstanding joint venture partners the decarbonization of hard-to-abate industrial sectors in the north west, and Australia more widely, through the technology.”