Chevron, Air Liquide, Keppel Infrastructure, and PetroChina signed a memorandum of understanding to form a consortium to evaluate and advance development of large-scale carbon capture, utilization, and sequestration (CCUS) solutions and integrated infrastructure in Singapore.
The consortium intends to research, test, and develop technological, logistical, and operational solutions for CCUS, primarily to support the energy and chemicals sector, the companies said in a release Sept. 21.
The CO2 could be used to make plastics, fuels, and cement, and/or transported through either pipelines or ships to suitable reservoirs in the Asia Pacific region for sequestration, the companies said.