Exxon Mobil and Japan’s Mitsubishi Heavy Industries (MHI) announced they will be partnering up to use MHI’s carbon capture technology.
The technology will be used for Exxon’s end-to-end carbon capture and storage (CCS) solution.
Together, Exxon and Mitsubishi Heavy will combine their years of experience and strengths to help advance a low-carbon future.
“We look forward to partnering with ExxonMobil to continue advancing carbon capture technologies to provide essential carbon neutrality solutions for various industries,” said Kenji Terasawa, president and CEO, Mitsubishi Heavy Industries Engineering, Ltd.
Mitsubishi Heavy Industries and ExxonMobil have previously partnered on constructing some of the largest petrochemical facilities in Singapore and Baytown, Corpus Christi. The new carbon capture partnership is another step in both companies’ efforts to decarbonize their activities.