Equinor US Holdings Inc. and United States Steel Corp. have executed a nonexclusive MoU to study the potential for carbon capture and storage (CCS) and hydrogen development in the tri-state region of Ohio, Pennsylvania, and West Virginia.
Equinor US Holdings Inc., an affiliate of Equinor ASA, and United States Steel Corp. (US Steel) have executed a nonexclusive MoU to study the potential for carbon capture and storage (CCS) and hydrogen development in the tri-state region of Ohio, Pennsylvania, and West Virginia.
The companies plan to explore and demonstrate potential opportunities for natural gas when coupled with CCS to achieve decarbonization goals. US Steel has targeted net-zero emissions by 2050.
The MoU also includes assessments of regional hydrogen and CCS potential, appropriate customer and supplier screenings, blue hydrogen advocacy, CCS, and examining what the companies describe as renewable energy synergies.