26 Oct 2009 11:10:08
Carbon capture deal won by GE
General Electrics (GE) is to supply advanced liquid natural gas (LNG) technology for what is expected to be the largest carbon capture and storage (CCS) project ever undertaken.
Compression equipment will be used to drive Gorgon's carbon dioxide sequestration, GE explained.
The Gorgon natural gas field, which is located at West Barrow, 130km off the Australian coast, is thought to be one of the world's largest untapped reserves of natural gas.
Claudi Santiago, president and chief executive officer of GE Oil and Gas, said: "I am delighted that GE Oil and Gas has been selected by Chevron to deliver this technologically complex project, which will deliver cleaner energy on an unprecedented scale.
"The contract consolidates our global LNG technology leadership position and our competitive edge in pioneering CO2 sequestration applications."
Research from the Energy Information Administration showed that global energy consumption is expected to rise by 44 percent between now and 2030.
Natural gas demand is also due to increase by over 67 percent by 2030, the organisation forecast. http://www.genewscenter.com/content/detail.aspx?ReleaseID...