Strategic Biofuels selects SLB for carbon sequestration services on carbon-negative fuels project in Louisiana
In Louisiana, Strategic Biofuels announced that it has entered into an agreement with SLB to provide carbon sequestration services for Strategic Biofuel’s Louisiana Green Fuels (LGF) Project, supporting the production of deeply carbon-negative fuels.
Strategic Biofuels is developing a biofuel refinery that will be powered by an adjacent bioenergy with carbon capture and sequestration (BECCS) power plant for its LGF project in Columbia, Louisiana. The project focuses on converting forestry wood waste from established and sustainable pine plantations into renewable fuels and electric power, then permanently storing the resulting CO2 emissions from both the refinery and the power plant in porous rock formations thousands of feet below ground.
“The collaboration of Strategic Biofuels and SLB is a major enhancement of the Louisiana Green Fuels Project,” said Bob Meredith, Chief Operating Officer of Strategic Biofuels. “Carbon-negative renewable fuels will play an important role in the energy transition. We are excited to work with SLB on our Louisiana Green Fuels Project, given the company’s decades of carbon sequestration expertise and knowledge of both state and federal CO2 storage requirements. Together, we will ensure that our CCS complex will be among the best developed and managed in the world.”
SLB will provide site de-risking and front-end engineering and design (FEED) services for the CCS complex that will be located on and around the biofuel refinery and BECCS plant. The agreement includes provisions for future services, including injection operations and long-term CO2 monitoring.
