A potential carbon dioxide (CO2) transportation and sequestration solution for the Texas Gulf Coast, US, is being explored by Enterprise Products and Oxy Low Carbon Ventures.

The duo on Monday (25th April) said they want to provide services to emitters in the industrial corridors from the greater Houston to Beaumont/Port Arthur areas.

Under plans of the project, Enterprise has said it will develop the CO2 aggregation and transportation network through utilising new and existing pipelines along the Gulf Coast.

Supporting this, Oxy will develop sequestration hubs across the US, which are expected to be anchored by direct air capture facilities, through its 1PointFive business unit.

Jim Teague, co-CEO of Enterprise Products, said, “For many years, Enterprise and Oxy have successfully collaborated in developing traditional oil and gas productions.”

“We are excited to evolve that relationship with OLCV to provide reliable and cost-efficient CO2 transportation and sequestration services to advance a low-carbon economy for the energy capital of the world.”

It is hoped the developed hubs will both cut carbon emissions and get heavy emitters in the area to consider various carbon management strategies.

Richard Jackson, President of US Onshore Resources and Carbon Management and Operations at Occidental, said, “We look forward to collaborating with Enterprise to develop a sequestration solution to help industrial emitters reach their net-zero goals.”

“We believe that our low-carbon strategy enhances Oxy’s business value and creates a path to net zero for ourselves while providing organisations everywhere with the tools they need to achieve net-zero or net-negative emissions.”