Chevron has been awarded the greenhouse gas assessment permit G-20-AP, located in the northern Carnarvon Basin off the coast of WA.
This assessment permit authorises Chevron to explore the 2222km2 permit area near Barrow Island for potential carbon capture and storage locations.
The exploration campaign is being delivered through a joint venture between Chevron Australia New Ventures, Shell Australia and Mobil Australia.
“Carbon capture and storage is an important tool and this permit award demonstrates the potential to lower the carbon intensity of our operations as well as potentially third-party emissions,” Chevron general manager – energy transition David Fallon said.
Chevron and the joint venture will now start to assess the technical and commercial feasibility of the geological storage of carbon dioxide in the permit area.
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