on Thursday announced the start of operation at the Moomba carbon capture and storage (CCS) project in Australia’s Cooper Basin. “Technology and reservoir performance is in line with ...
Whichever option, the commencement of Moomba will be lucrative for both ... similar to other oil and gas opportunities in the Cooper Basin.” Shares in both companies rose on the news.
Supplied The Cooper Basin has the capacity to store up to 20m ... injecting captured carbon dioxide into depleted reservoirs at Moomba at a rate that has them on course to meet their targeted ...