South Texas Direct Air Capture Hub
Sector: Oil and Gas • Location: Texas, United States
Source: Marcellus Drilling News
Occidental Petroleum and ADNOC are exploring a joint venture to develop a direct air capture facility in South Texas capable of capturing 500,000 metric tons of CO2 annually. ADNOC may invest up to $500 million in the project. This builds on a 2023 memorandum of understanding between the two companies to collaborate on carbon capture, utilization, and storage projects in the U.S. and UAE. The proj
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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 Petroleum and ADNOC are exploring a joint venture to develop a direct air capture facility in South Texas capable of capturing 500,000 metric tons of CO2 annually. ADNOC may invest up to $500 million in the project. This builds on a 2023 memorandum of understanding between the two companies to collaborate on carbon capture, utilization, and storage projects in the U.S. and UAE. The project aligns with Occidental's STRATOS DAC facility in West Texas, set to begin operations in 2025, and a $650 million U.S. Department of Energy award for the South Texas DAC Hub. |
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 |