media statement chevron commits $2.45m to Australian carbon capture and storage research
PERTH, 5 October 2021 – Chevron Australia has contributed more than AUD$2.45 million to the Australian School of Petroleum and Energy Resources in support of carbon capture and storage research.
Located at the University of Adelaide, a new state-of-the-art facility will enable researchers to investigate how carbon dioxide (CO2) is stored within geological formations after its injection into subsurface reservoirs, and how CO2 flows through and interacts with rocks and pore waters on a microscopic scale.
The Australian School of Petroleum and Energy Resources is a world-class institution for petroleum education, training and research and is Australia’s only multidisciplinary school serving the petroleum sector.
Head of School Dr Kathryn Amos said the University of Adelaide is pleased to be partnering with Chevron Australia.
“Carbon capture and storage represents one of Australia’s most significant opportunities to meet net zero carbon emissions,” said Amos.
"Fundamental and applied research undertaken at the new facility will produce engineering and geoscience outcomes that will help tackle one of society’s most pressing challenges.”
Managing director Mark Hatfield said Chevron is committed to supporting the deployment of carbon capture and storage in Australia and globally.
“The Gorgon carbon capture and storage system has safely injected more than 5 million tonnes of greenhouse gas emissions since starting up in 2019 – the largest volume injected by any system of its kind within such a timeframe,” said Hatfield.
“Chevron is committed to sharing the lessons we’ve learned in this pioneering endeavour and we’re proud to be advancing Australia’s world-leading carbon capture and storage capabilities together with the University of Adelaide.”
Chevron Australia will also support a five-year academic staff position in Carbon Storage Engineering and a three-year Senior Research Fellow position in Carbon Storage Science.
In 2019, Chevron Australia Pty Ltd and the Joint Authority for the Commonwealth/South Australia offshore area entered into a good standing agreement with respect to Exploration Permits EPP44 and EPP45 in the Great Australian Bight. Chevron is committed to working closely with key stakeholders on partnerships that deliver long-term benefits and contribute to Australia’s economic future and energy security, and which satisfy the GSA pursuant to government guidelines.
Chevron is one of the world's leading integrated energy companies and through its Australian subsidiaries, has been present in Australia for more than 60 years. With the ingenuity and commitment of thousands of workers, Chevron Australia operates the Gorgon and Wheatstone natural gas facilities; manages its equal one-sixth interest in the North West Shelf Venture; operates Australia’s largest onshore oilfield on Barrow Island; is a significant investor in exploration; and via Puma Energy delivers quality fuel products and services across Australia, operating or supplying a network of more than 360 retail locations and an extensive 24-hour hour diesel stop network, as well as 14 depots and three seaboard terminals.
Phone: +61 0400 756 149 (Perth)
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