Occidental and XRG Joint Venture DAC Facility in South Texas
Sector: Oil and Gas • Location: Texas, United States
Source: Upstream Online
Occidental is working on a joint venture with XRG, the investment arm of Abu Dhabi National Oil Company (Adnoc), to develop a direct air capture (DAC) facility in south Texas. XRG is considering investing upwards of $500 million in the project, which will also be backed by a US Department of Energy grant of up to $650 million. Occidental intends to push the project toward a final investment decisi
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Occidental is working on a joint venture with XRG, the investment arm of Abu Dhabi National Oil Company (Adnoc), to develop a direct air capture (DAC) facility in south Texas. XRG is considering investing upwards of $500 million in the project, which will also be backed by a US Department of Energy grant of up to $650 million. Occidental intends to push the project toward a final investment decision (FID) and plans to incorporate innovations in carbon engineering. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |