CCS - Geovault

CCS (Carbon Capture and Underground Storage) is a key component of any realisable path to net zero by 2050

Geovault aims to be a pre-eminent operator in the identification and operation of CCS projects, focused on the geological  sub-surface aspects of the process

Our objective is to consolidate the geological IP for these processes and to undertake a demonstration project to gain internal experience in the operation of CCS projects

A further objective is to access sites for CCS to build an owned inventory of geologically suitable reservoirs

A technical specialist with very extensive experience in Australian and international CCS projects has joined the Buru senior executive team to lead Project Geovault

Buru has become a successful applicant for a Commonwealth Government grant to undertake a feasibility study for a GHG storage project in the onshore Carnarvon Basin

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Annual global CCS capacity needed to meet IEA sustainable development scenario