Net Zero Transition > Industrial Decarbonisation > Oil and gas giant secures 110k ha offshore CO2 storage lease in US Gulf Coast

Oil and gas giant secures 110k ha offshore CO2 storage lease in US Gulf Coast

Published 18:17 on October 10, 2024 / Last updated at 18:17 on October 10, 2024 / / Americas (US & Canada), Net Zero Transition (Industrial Decarbonisation, Power/Electrification, Transport & Heating Fuels), Voluntary (VCM Developments)

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A US-based oil and gas multinational announced Thursday it has won a lease for 271,000 acres (110,000 hectares) for an offshore CO2 storage site in Texas state waters in the Gulf of Mexico.
A US-based oil and gas multinational announced Thursday it has won a lease for 271,000 acres (110,000 hectares) for an offshore CO2 storage site in Texas state waters in the Gulf of Mexico.


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