Santos is the latest company to join the Cooperative Research Centre for Greenhouse Gas Technologies (CO2CRC), Australia’s leading CO2 storage technology centre, which aims to research and demonstrate carbon capture and storage (CCS).
CO2CRC stated that Santos has deep heritage in the Cooper Basin in South Australia where it is exploring the opportunity for large scale commercial carbon capture and storage, with potential capacity of 20 million tonnes of carbon dioxide per years for 50 years.
Santos managing director and chief executive officer Kevin Gallagher said CCS has the potential to create a new wealth-generating industry for Australia, breathes new life into existing industries policy settings and brings regulatory framework to the development.
Northbridge Industrial Services plc (LON:NBI) hires and sells specialist industrial equipment to a non-cyclical customer base. With offices or agents in the UK, US, Dubai, Belgium, Germany, France, Australia, Singapore, New Zealand, Brazil and Korea, Northbridge has a global customer base.