Worley Ltd. has been selected to design and evaluate CO2 gathering, handling and sequestration facilities for Bayou Bend CCS LLC.
Bayou Bend is a carbon capture and sequestration (CCS) joint venture (JV) between Chevron (50%, operator), TotalEnergies (25%) and Equinor (25%) located along the Gulf Coast in Texas.
RELATED
Talos Energy Sells CCS Business to TotalEnergies
Exclusive: Chevron New Energies' Bayou Bend Strengthens CCUS Growth
Being on the Gulf Coast, with CO2 emission concentrations at its highest in the U.S., Bayou Bend is expected to help abate industries difficult to lessen emissions in and including refining, cement, steel, chemicals and manufacturing.
The JV includes a CO2 storage footprint of almost 140,000 acres of pore space.
Headquartered in Australia, Worley is a professional services company providing energy, chemicals and resources expertise.
“We’re committed to a strong partnership with Bayou Bend, drawing on our global CCUS [carbon, capture, utilization and sequestration] knowledge and project execution experience," Mark Trueman, group president at Americas for Worley, said in a press release. "Innovative projects like Bayou Bend will potentially enable CCS at scale and help many more companies achieve their net zero goals, supporting Worley’s purpose of delivering a more sustainable world.”
Recommended Reading
Chord Closes $4B Enerplus Acquisition for Williston Basin Scale
2024-05-31 - The Enerplus transaction gives Chord Energy another decade of drilling runway in the Bakken Shale play—the nation’s second-largest oil field.
The Shape of M&A to Come: Is Devon Up Next to Join the Spree?
2024-05-31 - ConocoPhillips' recent $17.1 billion deal to acquire Marathon Oil came after the company missed out on buying CrownRock and Endeavor, two companies Devon Energy took a hard look at, Moelis’ Stephen Trauber said.
Tellurian Goes All in on LNG with Upstream Divestiture to Aethon
2024-05-30 - Tellurian, which is developing the 27.6 mtpa Driftwood project in Louisiana, relaunched itself as a LNG pure play with the sale of its Haynesville upstream assets to Aethon Energy, but analysts see lingering financial problems for the company.
Marketed: Anschutz Exploration Niobrara Shale Opportunity
2024-05-29 - Anschutz Exploration Corp. has retained EnergyNet for the sale of a Niobrara Shale opportunity in Campbell County, Wyoming.
Marketed: DLH Capital Four Well STACK Opportunity
2024-05-29 - DLH Capital has retained EnergyNet for the sale of a four well package STACK opportunity in Caddo and Dewey counties, Oklahoma.