INPEX-led CCS JV wins storage assessment permit offshore Australia

Aug. 24, 2022
A joint venture of INPEX, TotalEnergies, and Woodside Energy has been awarded a greenhouse gas storage assessment permit off the northwest coast of Australia to carry out evaluation and appraisal work for CO2 storage.

The Bonaparte CCS Assessment joint venture of INPEX Corp., TotalEnergies SE, and Woodside Energy Ltd. has been awarded a greenhouse gas storage assessment permit off the northwest coast of Australia to carry out evaluation and appraisal work on Block G-7-AP for geological storage of carbon dioxide (CO2). Appraisal work will begin in 2023.

The block lies in Bonaparte basin off the northwestern coast of the Northern Territory. Water depth at the block is 30-75 m.      

By enabling permanent CO2 sequestration in the region, this project complements existing solutions to avoid and reduce greenhouse gas emissions from the INPEX-operated Ichthys LNG, an 8.9-million tonne/year LNG plant near Darwin, Northern Territory, 

INPEX is operator of the Bonaparte CCS Assessment joint venture (53%) with partners TotalEnergies (26%) and Woodside (21%).