CO2CRC’s Chief Executive, David Byers, announced today that CO2CRC has established a wholly-owned subsidiary company, CO2Tech Pty Ltd (‘CO2Tech’).
“We have established CO2Tech to meet the growing customer need for multi-disciplinary technical consultation, advisory and project management services across the whole CCUS value chain.” said Mr Byers.
CO2Tech will have access to the Otway International Test Centre (OITC) and CO2CRC’s expertise via commercial agreements.
“CO2Tech will allow CO2CRC Limited to offer our industry partners and customers, tailored solutions while preserving commercial confidentiality.
“CO2Tech will be pleased to work with industry customers to help them achieve their emissions reductions goals by applying individualised technologies and techniques that result in lower costs for capturing, storing or utilising CO2.”
“It is an exciting era for CCUS at international, national and industry levels. CCUS has been identified as a priority technology under the government’s Technology Investment Roadmap
“CO2CRC will continue to partner with world leading researchers, international industry and Australian Federal and State Governments on its traditional collaborative research model to advance the deployment of CCUS. This includes contributing to the achievement of the Australian Federal Government’s long-term stretch goal for CCS ($20 per tonne for CO2 compression, transport and storage).” he said
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For more information please contact:
Roy Anderson, CO2CRC communications on 0435 474 342 or firstname.lastname@example.org
Note for Editor:
The Otway International Test Centre is a globally unique facility located on an area of over four hectares at Nirranda South in south-western Victoria. It incorporates the latest in permanent downhole monitoring technology and advanced seismic imaging systems. On-site infrastructure includes seven connected wells and a fully integrated site for CCUS data acquisition and management. The site has its own supply of CO2 rich gas and access to saline aquifers and a depleted gas reservoir for CO2 storage and technology-trials.