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Exxon Mobil Corp said on Monday that its carbon capture and storage centre in southeastern Australia will use existing infrastructure to operate a depleted oil field in the Brim field off the coast of Gippsland, Victoria, Australia.
ExxonMobil said it is currently conducting design studies on front-end engineering to determine the potential for carbon capture and storage
ExxonMobil's president of low carbon solutions, Joe Blommaert, said the partnership with other industries was an important step in unlocking Australia's future of carbon capture and storage, and companies in industries with high carbon dioxide emissions will also reduce carbon emissions on a large scale