EnLink Midstream LLC announced last week that ExxonMobil and EnLink are exploring opportunities for EnLink to support ExxonMobil’s carbon capture and sequestration (CCS) efforts beyond the southeast Louisiana Mississippi River Corridor into several additional Gulf Coast areas.
With its acquisition of Denbury, ExxonMobil is evaluating the most market-competitive CCS solutions across the Gulf Coast. During that evaluation, EnLink and ExxonMobil have agreed to reassess the Pecan Island Area project’s near-term role, with the expectation that other joint opportunities may be prioritized ahead of the Pecan Island project. Read more.
