CCS is a key component of any path to Net Zero by 2050

Carbon Capture and Storage (CCS) is a suite of technologies used to capture carbon dioxide (CO₂) emissions from sources like power plants and industrial processes, preventing them from entering the atmosphere. The captured CO₂ is then transported and stored deep underground in suitable geological formations where it remains stored securely and indefinitely.

GeoVault, a wholly owned subsidiary of Buru Energy, leverages years of extensive geological, operational, and stakeholder expertise from oil and gas exploration and production in the onshore Canning Basin, located in the Kimberley region of Western Australia. GeoVault’s team of in-house CCS specialists has identified a portfolio of geologically suitable sites for safe and permanent storage of CO₂.

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These areas were selected based on surface and subsurface factors, with Estimated Ultimate Storage (EUS) estimates prepared for each area in accordance with the CO₂ Storage Resources Management System (SRMS), independently reviewed by RISC Advisory (RISC).

​GeoVault has also performed an assessment of the feasibility of CO₂ storage in the Pilbara region of Western Australia, in the onshore Carnarvon Basin.

The Parliament of Western Australia has passed legislation (Petroleum Legislation Amendment Bill 2023) to allow the subsurface storage of greenhouse gas (GHG). Once the accompanying regulations have been approved by parliament, project proponents may apply for a GHG title to allow a full assessment of site suitability for the injection of CO₂.