U.S. offshore engineering and construction player McDermott and Australia’s national science organisation, the Commonwealth Scientific and Industrial Research Organisation (CSIRO), have joined forces to advance carbon capture solutions in response to rising decarbonisation calls, aimed at accelerating the energy transition and bringing the industry closer to a net-zero future.
McDermott International and the CSIRO have signed a letter of intent to evaluate technical and commercial opportunities for the deployment of CSIRO’s carbon capture technologies for energy and heavy industry applications.
Samik Mukherjee , McDermott’s Executive Vice President and Chief Operating Officer, remarked: “Carbon capture is fundamental to achieving a net-zero future while maintaining affordable, accessible energy and decarbonizing resources. We welcome the opportunity to work with CSIRO to advance scalable, flexible carbon capture solutions for industrial and energy applications.”
Highlighting McDermott’s commitment to an integrated delivery approach to the energy transition, the company states that “a powerful collaboration has been established between these two organisations.”
According to McDermott, CSIRO has nearly a century of technological innovation, including its recent carbon capture technology for Direct Air Capture and post-combustion processes being developed in collaboration with Santos , Australia’s largest domestic gas supplier.
As previously reported, CSIRO Carbon Assist technology removes CO2 directly from the atmosphere and higher-concentration post-combustion scenarios, allowing the CO2 to be safely and permanently stored as part of a carbon capture and storage (CCS) project.
Santos and CSIRO believe it has a chance to become the lowest cost direct air capture technology in the world. Back in November last year, CSIRO confirmed this technology can also serve to make carbon-based products (CCUS).
Amir Aryana , CSIRO Group Leader, commented: “CSIRO has substantial experience in the development of low-emission technologies such as carbon dioxide capture. By collaborating with the industry, we demonstrate the strength of applying key technologies at scale, while ensuring the lowest possible cost and highest performance.”
In addition, McDermott explained on Wednesday that its extensive experience was amassed over four decades with more than 200 successful carbon capture and carbon separation projects, applying technologies with low-carbon delivery potential and global deployment.
In line with its energy transition goals and net-zero ambitions, the company set up its emission reduction targets in August 2021, aiming to reach a 50 per cent reduction in scope 1 and 2 greenhouse gas (GHG) emissions by 2030. The firm also plans to achieve a 35 per cent reduction in scope 3 GHG emissions for ten key supply chain categories by 2030.
It is worth noting that 2022 started with a bang for McDermott, as it confirmed a major contract with QatarEnergy earlier this week, describing the deal as one of the largest single contracts the firm won in its history.
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