EnLink Midstream, LLC is exploring alternatives to assist develop Exxon Mobil Corp.’s carbon seize and sequestration (CCS) efforts past the southeast Louisiana Mississippi River Hall into a number of further Gulf Coast areas.
Additional, the 2 firms have agreed to reassess the Pecan Island Space challenge’s near-term function, “with the expectation that different joint alternatives could also be prioritized” forward of the challenge, EnLink mentioned in a information launch Tuesday. The Pecan Island challenge is a collaboration between ExxonMobil, Enlink, and CF Industries introduced in October 2022, that includes a plan to construct a $200-million carbon dioxide (CO2) dehydration and compression unit at its Donaldsonville facility in Louisiana to allow captured CO2 to be transported and saved.
EnLink and ExxonMobil are “dedicated to offering cost-effective and environment friendly CCS options” to carbon dioxide emitting firms and industries within the space in and across the Houston Ship Channel, the Mississippi River Hall, Lake Charles and southwest Louisiana, Port Arthur and Beaumont, Texas. They “proceed to develop a strategic relationship” with clients on this space, which generates 215 million metric tons per 12 months of CO2 emissions, EnLink mentioned, citing information from the U.S. Environmental Safety Company.
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“EnLink and ExxonMobil are actively pursuing alternatives to develop protected, dependable, and cost-efficient CCS options”, EnLink CEO Jesse Arenivas mentioned. “EnLink brings to the desk a long time of experience constructing, proudly owning, and working midstream belongings with a customer-focused mindset, which provides ExxonMobil larger flexibility and extra choices to satisfy the wants of business CO2 emitters. EnLink is quick changing into a pacesetter in offering protected, low-cost CO2 pipeline transportation companies, and we’re excited to develop the dialogue with ExxonMobil to further high-emitting Gulf Coast areas”.
“We proceed to construct on our industry-leading CCS options to assist clients cut back their present emissions and see EnLink as a key a part of offering probably the most environment friendly CO2 transportation”, ExxonMobil Low Carbon Options President Dan Ammann mentioned. “We have labored carefully on CCS transportation options since our preliminary settlement in 2022 and stay up for persevering with our collaboration with EnLink to assist cut back carbon emissions throughout the Gulf Coast”.
ExxonMobil in November 2023 closed its acquisition of Denbury Inc., a developer of CCS options and enhanced oil restoration, in an all-stock transaction valued at $4.9 billion.
After the acquisition, ExxonMobil mentioned it now has the biggest owned and operated carbon dioxide pipeline community within the USA, because the acquisition provides greater than 1,300 miles, together with almost 925 miles of pipelines in Louisiana, Texas, and Mississippi, in one of many largest U.S. markets for carbon dioxide emissions. The corporate added that it has entry to greater than 15 strategically positioned onshore carbon dioxide storage websites.
ExxonMobil said in an earlier information launch that the mixture of the belongings and capabilities has the potential to scale back carbon dioxide emissions by greater than 100 million metric tons per 12 months, as soon as totally developed and optimized.
Dallas-based EnLink Midstream supplies built-in midstream infrastructure companies for pure fuel, crude oil, and NGLs, in addition to CO2 transportation for CCS.
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