OGCI Climate Investments is entering a strategic partnership with six oil and gas companies to advance the Clean Gas Project at Teesside, UK, which is to include the country’s first commercial, full-chain carbon capture, utilization, and storage (CCUS) program.
The project is to anchor the Tees Valley CCUS Cluster, which will capture carbon dioxide emitted by new power generators fueled by natural gas and by area industries. The CO2 will be carried by pipeline for injection below the southern North Sea.
OGCI Investments was formed by chief executives of 13 companies in the Oil and Gas Climate Initiative (OGCI), which seeks practical action on climate change (OGJ Online, Sept. 20, 2018).
Its Clean Gas Project partners are OGCI members BP PLC, Eni SPA, Equinor ASA, Occidental Petroleum Corp., Royal Dutch Shell PLC, and Total SA.