TotalEnergies, ExxonMobil enter France carbon reduction partnership

Quantum Commodity Intelligence – A consortium of industrial companies including energy majors TotalEnergies and ExxonMobil has agreed to jointly explore the development of carbon infrastructure with the potential to reduce emissions by 3 million mt per year in Normandy, France, the companies announced Monday.

The project would include carbon capture and storage (CCS) and will seek funding from European, French and regional development schemes.

The energy majors are joined by petrochemical producer Borealis, fertiliser company Yara International and industrial gas maker Air Liquide, and the partnership is open to other industrial parties, said the announcement.

"We are pleased to join forces with some major industrial players of the industrial basin of Normandy to collectively engage into a cooperation to reduce the CO2 emissions from our facilities," said Bernard Pinatel, president of Refining and Chemicals and a member of the Executive Committee at TotalEnergies.

"ExxonMobil has more than 30 years of experience in CCS technology and is advancing plans for more than 20 new CCS opportunities around the world," said Charles Amyot, CEO of Esso S.A.F. and president of ExxonMobil activities in France.

"We are pleased to collaborate on a joint study to assess the feasibility of the deployment of CCS in the Axe Seine / Normandy area, one of the most important technologies required to achieve society's climate goals."