Australia-based Woodside Energy (Woodside) will explore the potential of a carbon capture and storage (CCS) value chain between Japan and Australia having signed a non-binding Memorandum of Understanding (MOU) with four Japanese companies.
Reflecting the demand for large-scale decarbonisation solutions, the deal will see Woodside working alongside Sumitomo Corporation, JFE Steel Corporation, Sumitomo Osaka Cement Co. Ltd and Kawasaki Kisen Kaisha, Ltd.
The partners aim to study the capture, storage and transportation of carbon dioxide (CO2) emissions from the Setouchi and Shikoku regions of Japan and the injection and storage of the CO2 at Australian storage sites.
“The opportunity for Australia and Woodside is to use our natural advantages to progress investment in CCS and assist our regional neighbours as they decarbonise heavy industry,” said Shaun Gregory, Executive Vice President of Woodside.
... to continue reading you must be subscribed
