Pilot Energy and partner Triangle Energy are among the first in Australia to lodge a submission to seek regulatory approvals for an offshore carbon capture and storage (CCS) project.
The submission to National Offshore Petroleum Titles Authority (NOPTA) is among the first to be lodged under the legislation – Offshore Petroleum and Greenhouse Gas Storage Act – that has been in place since 2006, the pair said Wednesday.
The Cliff Head CCS Project, located near Geraldton in Western Australia’s Mid-West region, could be a global top 10 carbon dioxide (CO2) injection capacity project, which at full capacity would be injecting up to 1.1Mtpa of CO2 into offshore reservoirs, according to the Cliff Head Joint Venture.
Pilot and Triangle have also announced a significant upgrade to the Cliff Head CO2 storage resource to 9.7 million tonnes, which would enable initial CO2 injection of 665,000 tpa over 15 years.
There is also the opportunity for bi-directional carbon trade – where the Cliff Head JV would ship clean ammonia and return with liquified CO2 for injection.
The joint venture is now pursuing necessary regulatory approvals, a commercial offtake deal, seeking potential EPC contractors, as well as detailed FEED works and costing for the CCS project, as well as additional capital, before taking a final investment decision (FID).
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