Chevron has joined the consortium behind the Bayou Bend CCS offshore carbon capture and sequestration hub that could sequester 225-275 million tonnes of carbon dioxide (CO2) from industrial sources in the area.
Talos Energy and Carbonvert in 2021 were jointly announced as the winning bidder for the Texas General Land Office’s Jefferson County, Texas carbon storage lease, located in state waters offshore Beaumont and Port Arthur, Texas.
Now, with support of Chevron, the partnership will look to further decarbonise the Bayou Bend and rapidly advance the project so it can reach its full potential.
Chris Powers, Vice-President of Carbon Capture, Utilisation, and Storage (CCUS) for Chevron New Energies, said, “Since our establishment of Chevron New Energies, we have been consistent in our communication that partnership will be required to grow successful lower carbon businesses.”
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