Estimated $750-million to $950-million project set to be built on an Occidental Petroleum site in Texas would remove 860,000 tons of carbon dioxide a year by capturing it and storing it underground.
KBR confirmed energy firm Equinor letter of intent for design of giant floating structure, along with Canada-based Hatch, with final investment decision possible in late 2024.
Texas DOT and the Flatiron/Dragados joint venture announced that they have settled last concerns over the proposed design of jointed pier segments that stalled the nearly $1-billion project last July.
West Virginia approval was vacated by a Richmond, Va., federal court, which cited errors and ordered a permit redo for the 303-mile line from the Marcellus shale region in the currently halted project's latest legal battle.
A spin-off from the state-owned VTT Technical Research Centre recently secured funding to commercialize its system of mineralizing carbon dioxide while curing precast concrete elements at atmospheric pressure.