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EXPLORATION

Exxon looks to old oil fields for CCS hub 

EXXONMOBIL has chosen the Gippsland Basin offshore Victoria for its latest foray into carbon capture and storage, hoping to use the depleted reservoirs to store CO2 in its Bream field, which was hit with an occupational health and safety notice from the safety regulator  less than three years ago. 

Helen Clark
Exxon looks to old oil fields for CCS hub 

In total four notices were given, related to serious corrosion on the platforms.    It said at the end of last week it had entered early front-end engineering design studies and hoped to capture CO2...

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