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Chevron commits $38 million to Australian carbon capture and storage research

2/7/2023

Chevron Australia will contribute a combined A$38 million to carbon capture and storage (CCS) research projects in Western Australia and Victoria, advancing knowledge of the critical emissions technology for a lower carbon future. Of the total contribution, $22 million has been committed to the Barrow Dampier CCS Regional Study, which is led by global technology company SLB, and supports a three-dimensional seismic and storage assessment to identify new CCS opportunities in the Carnarvon basin, offshore Western Australia. Chevron Australia has also committed $16 million to support development of new infrastructure at the Otway International Test Centre in Victoria. The project, which is ma

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