Occidental Inks Agreements With Two Firms To Secure CO₂ Captured From Third-Party Natural Processing Sites In Delaware Basin
Benzinga Newsdesk 5 hours ago
ContractsNews
Occidental (NYSE: OXY) today announced it signed long-term agreements with two companies to secure CO₂ captured from third-party natural gas processing facilities in the Delaware Basin for use in Occidental’s enhanced
Occidental (NYSE: OXY) today announced it signed long-term agreements with two companies to secure CO₂ captured from third-party natural gas processing facilities in the Delaware Basin for use in Occidental’s enhanced oil recovery (EOR) operations in the Permian Basin. The two project developers will fund and build the infrastructure to capture, transport and deliver the CO₂ to Occidental.