|
|
Article: Australia : The World s Largest Carbon Capture and Storage Project.
- Article from:
- TendersInfo
- Article date:
- November 5, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Mamta03
Chevron Australia awarded a $400 million contract last month to General Electric (GE) for the world s largest carbon capture and storage (CCS) project off the West Australia coast s Gorgon natural gas field. Chevron estimates the CCS project will sequester four times more carbon than any other project. The project is a joint operation with the Australian subsidiaries of ExxonMobil and Shell, and is estimated to cost about AUD$43 billion for first phase of development. The Gorgon field is believed to contain about 40 trillion cubic feet of gas, about eight percent of the current global capacity.
GE will supply six units capable of ...