Chevron is standing by the performance of one of the world’s largest carbon capture and storage systems at its $54bn Gorgon natural gas project in Australia despite repeated failures to meet targets for trapping carbon dioxide.
Eimear Bonner, Chevron’s chief technology officer, told the Financial Times the oil and gas supermajor is aiming to remove a carbon storage “constraint” at Gorgon, the biggest natural resource project in Australia’s history.
Data published by Chevron last week showed Gorgon’s CCS operation stored only about a third of the total volume of CO? it captured in the 12 months to June 2023, because of pressure management issues caused by excess water in its reservoirs.
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