Alstom&EPRI
 
Home Forum Sponsors Careers Contact Us
Login  |  Register
Download Latest Newsletter (Issue 179)
   
Europe North America Asia Rest of the World Global News & Policies
Wood Awarded Multi-Million Dollar CO2 Emission Reduction Contract
  UK

March 26, 2019

Wood has been awarded a prestigious multi-million dollar contract by the Oil and Gas Climate Initiative Climate Investments (OGCI CI) to provide conceptual engineering for its gas power and industrial carbon capture conceptual design work.

Effective immediately, Wood will lead this first-of-a-kind project which aims to reduce CO2 emissions. The industrial carbon capture design will initially cover five of the principal industrial emitters of CO2: the production of hydrogen, fertilizer, petrochemicals, cement, and steel.

As part of the scope of work, Wood's technology and consulting team will complete engineering and concept design work for a full-scale gas power plant with carbon capture, levering its global expertise in consulting, process technology, pipelines and capital projects.

Bob MacDonald, CEO of Wood's Specialist Technical Solutions business, said: "Wood is delighted to be supporting OGCI Climate Investments on its gas power and industrial carbon capture conceptual design project.

"We are working closely with our customers to lead the energy transition, a global challenge facing many industry sectors. Being at the forefront of this important, industry-led initiative further demonstrates our ongoing commitment to mitigating climate change by reducing CO2 emissions."

Climate Investments is a $1 billion+ fund investing in technologies and business models to lower the carbon footprint of the energy and industrial sectors and their value chains. The fund was created by the CEOs of the Oil and Gas Climate Initiative to take practical action on climate change. They invest in innovative companies that are ready to be commercialized and collaborate with global co-investors and industrials to achieve speed and scale. (World Oil)

分享到:
Comment
Title:
Your Name:
Email:
Content:*
Verification Code:  
 
  The comments submitted do not represent CaptureReady's standpoint, CaptureReady.com is not responsible for any of those, and entitled to deal with them.
Search News
Sponsors | Careers | Contact Us | Privacy | Terms of Use
© 2008~2010 LINKSCHINA. All rights reserved       ICP:08005527