Exxon Eyes CCS in Active US Gulf Lease Sale

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US supermajor Exxon Mobil submitted high bids on nearly 100 blocks in shallow federal waters off the coast of Texas as it positions itself for an estimated $100 billion carbon capture and sequestration (CCS) project in the Houston Ship Channel.

Topics:
Corporate Strategy, Exploration, Offshore Oil and Gas, Carbon Capture (CCS), Upstream Licensing, Deepwater, Upstream Projects, Majors
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