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Charley Rattan's picture
World Hydrogen Leader , Charley Rattan Associates

UK based offshore wind & hydrogen corporate advisor and trainer; Faculty member World Hydrogen Leaders. Delivering global hydrogen and offshore wind corporate investment advice, business...

  • Member since 2019
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  • Jul 20, 2021
  • 1010 views

IRVING, Texas – ExxonMobil has signed a Memorandum of Understanding to participate in the recently announced Acorn carbon capture and storage project (CCS) in Scotland. The project plans to capture and store approximately 5-6 million tons of CO2 per year by 2030 from gas terminals at the St Fergus complex at Peterhead, Scotland, which includes ExxonMobil’s SEGAL joint venture gas terminal.

ExxonMobil to Participate in Acorn Carbon Capture and Storage Project in Scotland

 

  •  Carbon emissions to be captured from ExxonMobil’s SEGAL joint venture gas terminal
  • ExxonMobil also joins NECCUS Carbon Capture Alliance
  • Will share extensive global experience with carbon capture and storage

The Acorn Project has the potential to provide more than half of the 10 million tons per year of CO2 storage targeted by the UK government and when expanded has the potential to store more than 20 million tons of CO2 emissions per year by the mid-2030s.

 

Join me at the CCS and Hydrogen https://bit.ly/35BkerE Professionals Group

 

 

 

 

Discussions
Bob Meinetz's picture
Bob Meinetz on Jul 20, 2021

Charley, how does ExxonMobil plan to allow verification that 10 million tons of CO2 are being stored deep in the ground? There is obviously no financial incentive for actually doing it.

Charley Rattan's picture
Thank Charley for the Post!
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