World’s First Large-Scale Direct Air Capture Plant to Use Siemens Energy Equipment

HOUSTON--(BUSINESS WIRE)--Siemens Energy compressors will be used at Occidental’s first large-scale Direct Air Capture (DAC) plant in Texas’ Permian Basin developed by 1PointFive, a subsidiary of Occidental. The two compressor packages will enable the plant to capture up to 500,000 metric tons of CO2 per year when fully operational. The announcement was made today by Siemens Energy President and CEO Christian Bruch and Occidental President and CEO Vicki Hollub at the 41st annual CERAWeek energy conference hosted in Houston, TX, USA.

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Siemens Energy will supply a motor-driven 13,000 horsepower (hp) fully modular wet gas compressor package and a motor-driven 8,500 hp dry gas compressor for the DAC plant. The equipment will compress the captured CO2 for additional processing and pressurize the final product into a pipeline for injection into underground reservoirs.

1PointFive’s plant is expected to provide practical solutions that hard-to-decarbonize industries can use to help achieve net zero. Captured carbon dioxide can be safely sequestered deep underground in saline formations or used to produce hydrocarbons to enable lower-carbon or net-zero transportation fuels and in products like chemicals and building materials.

Siemens Energy President and CEO Christian Bruch commented on the collaboration saying, “We are honored to be part of such an important project. Technologies to effectively capture and sequester CO2 will be a necessity if we want to achieve our climate goals. Close partnerships with partners like Occidental are the base to scale up innovative solutions.”

“We are leveraging Oxy’s core competence in carbon management to capture and sequester atmospheric carbon dioxide to help meet the goals of the Paris Agreement and reduce emissions globally,” said Vicki Hollub, President and CEO, Occidental. “Our first Direct Air Capture plant will advance industrial-scale carbon capture to provide a solution to help Oxy and others accelerate their respective paths to net zero.”

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Policy incentives, such as the Inflation Reduction Act, are accelerating DAC technology as a climate solution to help organizations reduce their CO2 emissions.

About Siemens Energy

Siemens Energy is one of the world’s leading energy technology companies. The company works with its customers and partners on energy systems for the future, thus supporting the transition to a more sustainable world. With its portfolio of products, solutions and services, Siemens Energy covers almost the entire energy value chain – from power generation and transmission to storage. The portfolio includes conventional and renewable energy technology, such as gas and steam turbines, hybrid power plants operated with hydrogen, and power generators and transformers. A majority stake in the wind power subsidiary Siemens Gamesa Renewable Energy (SGRE) makes Siemens Energy a global market leader for renewable energies. An estimated one-sixth of the electricity generated worldwide is based on technologies from Siemens Energy. Siemens Energy employs around 92,000 people worldwide in more than 90 countries and generated revenue of €29 billion in fiscal year 2022. www.siemens-energy.com.

About Occidental

Occidental is an international energy company with assets primarily in the United States, the Middle East, and North Africa. We are one of the largest oil producers in the U.S., including a leading producer in the Permian and DJ basins, and offshore Gulf of Mexico. Our midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas. Our chemical subsidiary OxyChem manufactures the building blocks for life-enhancing products. Our Oxy Low Carbon Ventures subsidiary is advancing leading-edge technologies and business solutions that economically grow our business while reducing emissions. We are committed to using our global leadership in carbon management to advance a lower-carbon world. Visit oxy.com for more information.