Chevron and Mitsui O.S.K. Lines to Jointly Study Carbon Transport

By Global Infrastructure Sherpa · Sep 18, 2025

Joint Venture Carbon Transport announced Singapore, United States Sep 18, 2025

2.5 million tpy

Capacity

development

Stage

Chevron and Mitsui O.S.K. Lines (MOL) will jointly study the feasibility of transporting captured carbon dioxide (CO2) from locations in the Asia Pacific region to Chevron-operated carbon storage projects in Australia.

Source Intelligence

KEY DETAILS

Chevron and MOL have signed a joint study agreement (JSA) to explore the technical and commercial feasibility of transporting liquified CO2. Chevron was recently granted an interest in three greenhouse gas assessment permits offshore Australia. The JSA will complement work to be advanced by a recently announced consortium to explore solutions for large scale carbon capture, transport and permanent storage of CO 2 from Singapore.

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Capacity

initially transporting up to 2.5 million tpy of liquified CO 2 by 2030

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Location

from Singapore to permanent storage locations offshore Australia

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Announcement

10 Nov 22

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Signing

signing of a joint study agreement (JSA)