Deployment of carbon management and CO2 capture and utilization technologies

「We have begun strategic collaboration with SLB Capturi and its parent company, SLB, concerning CO2 separation and capture technology, with the aim of implementing it in the Asia-Pacific region, including Japan, and the Middle East.」

「The Company entered into a memorandum of understanding with SLB Capturi, a leading provider of industrial CO2 capture technology, and its parent company SLB, concerning the capture of CO2 in post-combustion flue gas, and began discussions on potential strategic collaboration with the SLB Group. In addition to winning EPC projects for CO2 capture facilities through collaboration with the SLB Group, the JGC Group plans to consider providing technical consulting that combines various approaches, including research, analysis and evaluation, and simulation-based risk assessment focused on energy and the environment.」

「In a public call for proposals by the Japan Organization for Metals and Energy Security for “design work and other services related to advanced CCS projects” for fiscal 2024, the Company, together with partner companies including Japan Petroleum Exploration Co.,Ltd., was awarded design work and other services for a CCS project to inject and store CO2 emitted by multiple industries, including in the Setouchi area, offshore Sarawak, Malaysia.」

「In addition to JFE Steel Corporation, The Chugoku Electric Power Company,Incorporated and Japan Gas Line Co., Ltd. have joined the joint study being conducted by us, Japan Petroleum Exploration Co.,Ltd. and others to develop a CCS value chain originating in Japan. We have begun examining the development of a CCS value chain, including the facilities and costs required to separate and capture CO2 emitted at steelworks and power plants in Japan owned by JFE Steel Corporation and the Chugoku Electric Power Group, transport liquefied CO2 by sea to Malaysia, including domestic coastal transport in the Setouchi area, and receive and store it.」

「In addition, the Company entered into a basic agreement with PETRONAS CCS Ventures SDN BHD, a subsidiary of Malaysia's national energy company, together with Japan Petroleum Exploration Co.,Ltd. and Kawasaki Kisen Kaisha,Ltd., concerning a study of the commercialization of a CCS business in Malaysia, and coordinated it with the aforementioned study on establishing a CCS value chain. In Indonesia, the Company began a joint study with JERA Co., Inc. and Indonesia's state-owned power company on introducing and commercializing CCS for thermal power plants in the country.」

「JFE Steel Corporation has newly joined the joint study being conducted by us, Japan Petroleum Exploration Co.,Ltd. and Kawasaki Kisen Kaisha,Ltd. to develop a CCS value chain originating in Japan. We have begun examining the development of a CCS value chain, including the facilities and costs required to separate and capture CO2 emitted at JFE Steel Corporation's steelworks in Japan, transport liquefied CO2 by sea to Malaysia and receive it there.」

「Following basic engineering and construction of the demonstration facilities, we expect to begin CO2 injection and monitoring around the latter half of the 2020s.」

「In addition, JGC Global Corporation participated in a joint study on carbon capture and storage (CCS) in Malaysia promoted by Petronas and Japan Petroleum Exploration Co.,Ltd. It also participated in a joint study with Petronas and JX Nippon Oil & Gas Exploration Corporation on building a specific CCS supply chain comprising the separation, capture, transportation, injection and storage of CO2 emitted from industrial facilities in Malaysia, as well as CO2 from outside Malaysia, including Japan. In addition, it signed a memorandum of understanding on GHG measurement at an ammonia production site in Indonesia, and actively pursued the decarbonization and lower-carbon use of fossil energy.」

「In addition to participating in a joint study on carbon capture and storage (CCS) in Malaysia promoted by a Malaysian state-owned energy company and Japan Petroleum Exploration Co.,Ltd., we actively pursued the decarbonization and lower-carbon use of fossil energy, including by signing a memorandum of understanding on greenhouse gas (GHG) measurement at an ammonia production site in Indonesia.」

「Going forward, following the basic design and construction of the demonstration facility, we plan to begin CO2 injection and monitoring around 2025.」

「In July of this year, the development of technology to permanently fix CO2 using calcium contained in construction waste and magnesium contained in seawater and waste brine, promoted jointly with universities and other companies, was selected for NEDO's commissioned research and development project.」

「For CO2-EOR, we developed technology using a specialized ceramic membrane to efficiently separate and capture CO2 produced together with crude oil, and began a demonstration test in Texas, United States.」

「We continue to build up technologies and expertise in each element of the carbon management cycle: controlling CO2 emissions, separation and capture, effective utilization and storage, and resource regeneration.」