In an agreement signed today by Texas Land Commissioner Dawn Buckingham, M.D. and Dominic Genetti, senior vice president, ExxonMobil Low Carbon Solutions, Exxon Mobil Corporation (NYSE: XOM) has secured the largest offshore CO2 storage lease in the U.S. The agreement with the Texas General Land Office (GLO) covers approximately 271,068 acres of submerged state land located offshore in Jefferson, Chambers, and Galveston Counties.
Under the terms of the agreement, ExxonMobil will have the right to...
https://www.marinelog.com/offshore/exxonmobil-secures-largest-offshore-co2-storage-site-in-the-u-s/